-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...
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Reading between the lines: Forget the rhetoric, this is no Budget for India's poor -Harsh Mander
-Scroll.in India's social-sector spending remains woefully low and despite claims of being a pro-farmer Budget, the effective allocations are nearly the same as last year. Some commentators expected that the Union Budget 2017-’18 would craft a sharp departure from earlier budgets of this government. This it would do to mitigate the immense suffering of millions of casual workers, farmers and small traders caused by the “shock and awe” of the astoundingly callous...
More »Welcome push to rural India's aspirations -Harsh Kumar Bhanwala
-The Hindu Business Line Bringing digital banking to Primary Agricultural Cooperative Societies is an important and laudable aspect of the Budget The Budget hides months of discussion, with stakeholders nursing a gamut of interests. This year was no exception and the Budget was an exercise in the accommodation of innumerable expectations; and it is bound to dissatisfy many. I would like to apply the old economic litmus test to judge its efficacy: Is...
More »Farmers are not happy with the Union Budget of 2017 -Jayashree Bhosale
-The Economic Times PUNE: Farmers are highly disappointed with Budget 2017 alleging that the Prime Minister has not done enough to fulfill his pre-election promises made to the farming community. The announcement of increasing farm credit to 10 lakh crore may not help much the small and marginalised farmers, who are outside the banking network. "About 60% of the farmers are outside the banking system. They depend upon the informal sector for loans....
More »Insurance cases flood consumer courts -Dipak K Dash
-The Times of India NEW DELHI: One in almost every five cases in consumer forums is related to the insurance sector, followed by complaints relating to the housing and Banking sectors, according to a sample analysis done by the consumer affairs ministry. The latest data shared by the ministry with the state governments recently show that at present about 4.15 lakh cases are pending before different consumer forums, nearly three-fourth of them...
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