-PTI In a new paper 'Validating India's GDP Growth Estimates', Arvind Subramanian said he had indicated his doubts on the growth numbers in the Economic Survey in 2015 as well as mid-year Economic Analysis. New Delhi: Sticking to his analysis that India’s economic growth has been overestimated, Arvind Subramanian said he had raised doubts about the GDP numbers in 2015 when he was the chief economic adviser of the Modi government...
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Privacy Breach? Transport Ministry Selling Driving License, Vehicle Registration Data To Commercial Firms -Siddhartha Mishra
-Outlook The government got Rs 65 crore by selling data of approximately 25 crore vehicle registrations and 15 crore driving licences. However, is selling this data legal? Is the data actually ‘public’? Isn't it intrusion on privacy? On July 8, the Minister of Road Transport and Highways Nitin Gadkari responded to an unstarred question by Congress Rajya Sabha MP Husain Dalwai on details of data sold by the government “by providing access...
More »Recently presented Union Budget does not provide updated data on important heads for FY 2018-19
During budget presentations, budget documents, which are provided, carry updated data and information related to various departments and ministries of the Central Government such as on revenues, expenditures, deficits etc. Recently economists like Dr. Rathin Roy and Prof. Jayati Ghosh have expressed concerns about the Ministry of Finance for not uploading updated and appropriate budgetary data and figures on the website www.indiabudget.gov.in following the 2019-20 Union Budget presentation by the...
More »A new mandi tax -Harish Damodaran
-The Indian Express A 2 per cent TDS on cash withdrawals beyond Rs 1 crore may hit the farm trade hard. One of the 2019-20 Union Budget’s less-discussed proposals, having significant implications for agricultural trade, is the levy of a 2% TDS (tax deducted at source) on cash withdrawals exceeding Rs 1 crore in a year from any bank account. The levy — aimed at promoting “digital payments” and a “less cash...
More »Major farmer unions of India resolved to uphold farmers' seed rights
-The Economic Times Organised by Alliance for Sustainable & Holistic Agriculture (ASHA), the Conference resolved that they will not allow another “PepsiCo India Vs Farmers episode” to recur in India. PUNE: Farmers’ movements have decided to put up a collective fight to ensure that farmers’ seed freedoms in India are not violated in any way, in a People’s Conference held here today. Organised by Alliance for Sustainable & Holistic Agriculture (ASHA), the...
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