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Jean Dreze, development economist and social activist, interviewed by Rupashree Nanda (CNN-News18)

-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...

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Centre close to cracking shell firm puzzle; panel decides 18 parameters -Shrimi Choudhary

-Business Standard The task force also highlighted that companies had been misused to channel unaccounted cash after demonetisation in November 2016 Mumbai: The government’s task force has arrived at a formula to define a ‘shell company’, a move critical for enforcement agencies to crack down on dubious entities exploiting the regulatory framework. According to sources, the task force has listed 18 key parameters, including beneficial ownership and the nature of business dealings, to...

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MP Agriculture Sector Growth Slips by 1.61%, Says MP Economic Survey -Vivek Trivedi

-News18.com Surprisingly, production of meat which stood at 59 lakh metric tonnes in 2015-16 surged to 79 metric tonnes in 2016-17. The production of eggs too went up in the financial year 2016-17. Bhopal: Madhya Pradesh government might be listing agriculture among its topmost priories but the growth rate in farm sector has gone down by 1.61% for the financial year 2017-18, according to the Madhya Pradesh Economic Survey report which was...

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Can banking recover? -Jayati Ghosh

-The Hindu We need stricter adherence to sound banking rules and more transparency from public and private players The bank frauds involving Punjab National Bank (PNB) and the companies associated with businessmen Nirav Modi and Mehul Choksi as well as the Rotomac case couldn’t have come at a worse time. The Indian banking system is already reeling under the pressure of growing NPAs, or non-performing assets (less politely known as loans that...

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Too clever by half? -Venkatesh Athreya

-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...

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