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Gujarat government Rs 4k crore short of tax target -Kapil Dave

-The Times of India     GANDHINAGAR: Though the Modi government claims the state is in good financial health, the state exchequer's earnings seem to have fallen drastically. The state's taxmen failed to meet the Rs 45,000 crore target, falling short by a whopping Rs 4,068 crore. This has created a huge deficit and sent into a tailspin the state finance minister's tall claims about a revenue surplus budget. According to the state finance...

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Fearing drought -Devinder Sharma

-Deccan Herald   Barely emerging out of the shadows of freak weather, the warning of a weak monsoon will push millions of farmers into dire straits. In the midst of all the noise and muck-slinging that dominates the election campaigns there is bad news on the horizon. No, I am not talking of the possibility of a hung Parliament where the numbers don't add up for any political front, but the possibility of...

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Onion prices rise about 40% in a week -Tushar Pawar

-The Times of India   NASHIK: Brace up for an onion price hike again. Unseasonal rains and hailstorms in Nashik district have pushed up onion prices by about 40% in a week at the country's largest wholesale onion market, the Lasalgaon Agriculture Produce Market Committee (APMC), In the district APMCs, the average wholesale onion prices, which were in the range of Rs 575 to Rs 801 a quintal on April 10, rose...

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‘Jobless growth’ no more-Santosh Mehrotra

-The Hindu   Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...

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Broken link in the agricultural supply chain

-Live Mint   FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...

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