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Govt hikes import duty on 32 types of textile goods

-The Times of India NEW DELHI: The government on Tuesday raised import duty on several textile products, including garments, scarves and carpets, as part of its plan to protect domestic manufacturers and support the ‘Make in India’ initiative. The tariff hike on 32 product categories comes after recent increases across several sectors, from mobile phone to TV sets and toys. A few weeks ago, the government had increased import duty on some...

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Rebooting the system for a skills upgrade -Santosh Mehrotra & Ashutosh Pratap

-The Hindu There needs to be a road map to rescue private Industrial Training Institutes from their weak state Small shops, basements, tin sheds and godowns. These are not random workplaces but places where private Industrial Training Institutes (ITIs) are running in the country. Disturbing facts such as these come from the report of the Standing Committee on Labour (2017-18) headed by Bharatiya Janata Party MP Kirit Somaiya, on the “Industrial Training...

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PMFBY -- Insurance Companies Make Super Profits, Farmers Suffer -Subodh Varma

-Newsclick.in Insurance companies have already earned about Rs.16,000 crore in three seasons. The much-hyped Pradhan Mantri Fasal Bima Yojana (PMFBY) – supposed to provide insurance protection to farmers against crop losses due to natural events – has turned into a bonanza for insurance companies while farmers are angry over delays in claim settlement, rejections and paltry compensation. Launched in 2016, four full seasons have passed since and the financial transactions show earnings...

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The Indian economy's changing growth constraints -Niranjan Rajadhyaksha

-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...

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Assam: The Mythology of "Immigrants" -Subodh Varma

-Newsclick.in Increase in Muslim population is not due to immigrants but because of higher birth rate, which is driven by poverty and illiteracy. Assam’s Muslim population was recorded as about 34% of the state’s total population in 2011 Census. It was about 31% in 2001 and over 28% in 1991. That’s not much of an increase. Yet insidious political propaganda about rising Muslim population has swamped the minds of people, both...

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