-Business Standard Gold Imports in January-March 2017 were the most since the same quarter of 2013 January-March 2017 has been the best fourth quarter in terms of Gold Imports since early 2013. Gold Imports in the last quarter stood at 230 tonnes, and more than 100 tonnes is estimated to have been imported in March alone. But for the blip in December, Gold Imports have gone up significantly following the government’s announcement of demonetisation,...
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From plate to plough: Growth amidst gloom -Ashok Gulati
-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
More »Budget 2016: FM Arun Jaitley faces tough task; has to please both farmers, investors
-PTI Budget 2016: Finance Minister Arun Jaitley faces a tough task of balancing the needs of farm sector as well as the industry when he presents his third and challenging Budget tomorrow as he seeks to garner resources to boost public spending for higher growth amid global headwinds. On the income tax front, the Budget may continue with the status quo on the tax slabs while it may tinker with the exemptions. Rising...
More »Drug pricing: a bitter pill to swallow -Feroze Varun Gandhi
-The Hindu Medicines remain overpriced and unaffordable in India. In a country mired in poverty, medical debt remains the second biggest factor for keeping millions in poverty. The international pharmaceutical industry has found its cash cow in India’s beleaguered consumers. With a minimum wage of Rs.250/day for a government worker, a basic wage worker afflicted with a chronic disease like multi-drug-resistant tuberculosis faces penury. His treatment, with drug combinations, which works out...
More »Rural distress intensifies
-Business Standard Unless irrigation expands, agriculture will not be drought-proof Even as India celebrates the golden jubilee of the Green Revolution, the National Sample Survey Organisation (NSSO) has come out with data indicating that nearly 70 per cent of farmers subsist on economically unviable farm holdings of less than a hectare in size. Over one-fifth of farm households report salaried employment, and not farming, as the prime source of their income. Around...
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