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New household consumer expenditure survey to begin in July -Shishir Sinha

-The Hindu Business Line ‘Results of previous survey soon, but they will be used only for academic purpose’ Amidst all the controversies on the previous Household Consumer Expenditure Survey, the Statistics Ministry intends to start new survey from July. Also, the Ministry has made it clear that the results of the previous survey will be made public after some time but only for academic purpose. “The software vendor for the survey has been...

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Government working on more measures to boost Economy: Nirmala Sitharaman

-PTI GST rates have to be ratonalised by the Council, says th Finance Minister Finance Minister Nirmala Sitharaman on Saturday, December 7, 2019, said the NDA government is working on more measures to revive the sagging Economy. The GDP growth slowed down to more than six-year low of 4.5 per cent in the second quarter of the current fiscal from 5 per cent recorded in the first quarter. The government has taken several measures...

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Instead of gigantic statues, India should build modern schools and universities: Raghuram Rajan

-India Today Raghuram Rajan said India needs to build modern schools and universities that teach its children to be more tolerant and respectful of one another. Former Reserve Bank of India Governor Raghuram Rajan has said Hindu nationalism does not just foment social tensions but also detracts India from its economic growth. Rajan said the Narendra Modi government is no exception to having a tendency "to want more power, especially given the...

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Cane farmers may have earned up to Rs.9,000 crore more under revenue-share, rather than FRP, model: CACP chief

-The Hindu Business Line New Delhi: Contrary to popular perception, opting for a revenue share, as recommended by the C Rangarajan panel in 2012, instead of the practice of paying a fair and remunerative price (FRP) for sugarcane, would not have resulted in any loss for farmers. Rather, farmers would have gained Rs.8,000-9,000 crore more in the past 10 years, said Commission for Agricultural Costs and Prices (CACP) Chairman Vijay Paul...

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WTO Appellate Body will soon become dysfunctional -D Ravi Kanth

-The Hindu Business Line To have one member from December 11; India has 3 pending appeals before it Geneva: The US has finally spiked the World Trade Organization’s Appellate Body, the highest adjudicating body for resolving global trade disputes. It shall remain dysfunctional after December 10, when it will be reduced to one member, said trade envoys. As a parting shot, the US on Tuesday blocked an initiative under Rule 15 of the...

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