-Livemint.com GST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November New Delhi: Things don’t augur well for the exchequer, with recent GST rate cuts and a lenient implementation of the goods and services tax causing collections to slide further in December, posing a challenge to the government. Total GST collection of the central...
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Too few FIRs in Delhi & Gujarat for fake currency notes seized during 2016, indicates NCRB data
In a country where inter-departmental coordination hardly takes place in the government, a joint exercise undertaken by the Reserve Bank of India (RBI) and the National Crime Records Bureau (NCRB) is bearing fruits. The NCRB has started coordinating with the RBI for collection and sharing of Fake Indian Currency Note (FICN) data. The new tables, which have been introduced in the NCRB's annual publication on crime, reveal that although the...
More »Why crime data do not always add up to the complete picture -Deeptiman Tiwary
-The Indian Express Low crime rate numbers often don’t mean citizens are safer, and ‘rape capital’ and ‘crime capital’ could both be unfair assessments. In reports such as the one published by the National Crime Records Bureau last week, the quality of data is important, as is its placement in the right context. New Delhi: “It is a capital mistake to theorise before one has data. Insensibly one begins to twist facts...
More »Turning the corner -Ajit Ranade
-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....
More »Vidarbha farmers in debt trap: Here is how to save them -Vivian Fernandes
-The Financial Express How can the cotton and soybean farmers of Vidarbha and Marathwada supplement their incomes so they can get out of the trap of debt and self-engineered death? That was the theme of Union minister Nitin Gadkari’s ninth edition, four-day agricultural exhibition at Nagpur, called Agrovision, to which I was invited. A promising beginning has been made. In October last year, the National Dairy Development Board commenced operations. It...
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