-Hindustan Times New Delhi: In chasing higher and higher GDP growth rates, India tends to gloss over two vital facts. One, farm growth cuts poverty twice as fast as industrial growth. Two, a 1% rise in agricultural output raises industrial production by 0.5% and national income by 0.7%, according to one calculation. In other words, the country’s fortunes are structurally tied to its farmers. Two-thirds of Indians rely on a farm-based income....
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CAG picks holes in coal auctions -Anupam Chakravartty
-Down to Earth The report highlights that there are inaccuracies and inconsistencies in valuation of auctioned mines In a report tabled in the monsoon session of the Parliament, the Comptroller and Auditor General (CAG) of India states that despite auctions, multiple bids by corporate groups through joint ventures or subsidiaries did not ensure that potential level of competition had been achieved in the first two tranches. The report highlights that there are...
More »NGOs have to register with NITI Aayog for grants -Anuradha Raman & Puja Mehra
-The Hindu New Delhi: Stepping up its scrutiny of NGOs, especially their financial dealings, the Centre has made obtaining unique identification numbers and registering them on the NITI Aayog portal, including the details of the Aadhaar and PAN numbers of all their trustees and office- bearers, mandatory for them to apply for grants from any ministry. The decision was taken by the Aayog at its meeting on May 9, which Prime Minister...
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
More »Diesel vehicle ban: UP govt plans to move SC against green tribunal order -Sarah Hafeez
-The Indian Express The UP government will challenge the NGT order on the grounds that the Motor Vehicles (MV) Act does not have a provision for deregistration of vehicles. New Delhi: The Uttar Pradesh government is planning to move the Supreme Court against the National Green Tribunal (NGT) order directing transport departments in the National Capital Region (NCR) to deregister and impound diesel vehicles older than 10 years. The UP government will challenge...
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