-Livemint.com Systematic analysis of groundwater conservation methods must be conducted to forestall the water crisis India’s over-exploitation of groundwater is contributing to—as stated by NITI Aayog—“the worst water crisis in its history”. Groundwater is one of the most important water sources in India accounting for 63% of all irrigation water and over 80% of the rural and urban domestic water supplies. In fact, the United Nations Educational, Scientific and Cultural Organization (UNESCO)...
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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;...
More »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...
More »The MSP Illusion -Ajay Vir Jakhar
-The Indian Express Raising procurement prices of kharif crops will only give false hope to farmers. Has the winter of farmers’ discontent turned into a glorious summer by the significant hike in minimum support price (MSP) for kharif crops announced two weeks ago? The hike is unlikely to stem the rural unrest that is gnawing into the ruling alliance’s votebank. The PM has had to personally defend the government’s programmes that have...
More »Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
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