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Goods and Services Tax (GST), explained

-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....

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From plate to plough: The arhar challenge - Ashok Gulati & Smriti Verma

-The Indian Express The incentive structure, currently skewed in favour of rice and wheat, needs to become crop-neutral High prices of pulses are upsetting the food budget of many poor families. Soaring retail prices of dals — urad at Rs. 170/kg, tur/arhar at Rs160/kg, gram/chickpea at Rs 127/kg, moong at Rs 111/kg and masoor at Rs 100/kg — have made dal a luxury for the dal-bhaat and dal-roti eating population. But not...

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Poultry sector cries foul as US chicken legs loom large -Gayathri G & KV Kurmanath

-The Hindu Business Line India has eased entry barriers after losing WTO case to the US Chennai/ Hyderabad: As dumping of chicken legs by the US becomes imminent after India lost the case at the World Trade Organisation (WTO), the Rs. 50,000-crore domestic poultry industry proposes to approach the Centre seeking protection of its interests. “There is no level playing field. We are planning to ask the government to either ban import of...

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From plate to plough: A thought for food -Ashok Gulati & Smriti Verma

-The Indian Express New FDI policy in food products is unlikely to be a game-changer by itself. Government must clear up the policy environment. n a rather bold move on June 20, the Modi government opened several key sectors such as defence, pharmaceuticals, civil aviation and food products to 100 per cent foreign direct investment (FDI). The objective behind this FDI policy is to attract higher investments, better technologies in manufacturing, commerce,...

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Fact Check: Understanding the data on flowing milk, booming agricultural output -Harish Damodaran

-The Indian Express Agriculture Ministry’s harvest estimates don’t square with drought conditions in several cases, raise serious questions of credibility. We have had two consecutive drought years, yet India’s milk production, according to the Agriculture Ministry, has risen from 137.69 million tonnes (mt) in 2013-14 to 146.31 mt in 2014-15 and 160.35 mt in 2015-16. Never before has the country’s milk output grown at these rates — that too, in the face...

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