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Economic slump: Busting official myths on consumer preferences -Ranjini Basu

-Newsclick.in Data confirms an acute demand crisis in rural India and beyond. Finance Minister Nirmala Sitharaman’s latest statement on millennials contributing to the auto industry slowdown by shifting their preferences—choosing Ola or Uber ride-booking services instead of buying cars—is feeding many a meme on social media. Even before her statement, sections of industry and the banking sector had been pushing this argument. Not just private banking giants, such as Uday Kotak, but even...

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Meanwhile, police wait for word from Govt on what's official secret -Mahender Singh Manral

-The Indian Express The Investigating Officer, Inspector Sunil Kumar, filed the chargesheet in court on April 17, 2015 and since then, police have met senior officials of the Ministry, sent multiple letters with reminders, but they have not received any “concrete response”. New Delhi: In the Supreme Court last week, Attorney General K K Venugopal, making submissions against a plea seeking review of its December 14, 2018 order that dismissed PILs...

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Mid-year review: Only five tax regions manage to achieve revenue MoP-up goals -Rahul Wadke

-The Hindu Mumbai among biggest laggards with 3.8% growth in collections against a target of 13.3% Mumbai: The Income Tax Department may miss the revenue collection target for this fiscal going by the numbers for the first two quarters. Out of 18 income tax regions in the country, only five — Delhi, Uttar Pradesh (E), Uttar Pradesh (W), Odisha and the North-East — have managed to achieve the revenue goals in the...

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Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan

-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...

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Benches shut, NGT forcing petitioners to come to Delhi -Jayashree Nandi

-The Economic Times NEW DELHI: Abhijit Prabhudesai, a Goa-based environmentalist, has travelled to Delhi six times since last December to appear before the National Green Tribunal’s (NGT’s) principal bench, which is hearing his petition on environmental concerns regarding the MoPa airport in north Goa. His plea was being heard by NGT’s Pune bench until the tribunal started facing severe shortage of judicial members, closing it down temporarily, along with its regional benches...

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