-The Hindu Business Line A recent book shows how a cocktail of indebtedness, masculinity and consumerism acts as a trigger. For those who have wondered whether indebtedness can be the sole factor driving farmers to take their lives, here is a book that introduces much needed nuance and complexity to the debate. Nilotpal Kumar’s book, based on a study of 22 suicide cases in Ananthapur district (accompanied by a fascinating ethnographic study...
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Did Demonetisation 'Substantially Increase' Number Of Tax Returns? A FactCheck -Arun Giri
-BoomLive.in In a press release dated August 7, 2017, The Central Board of Direct Taxes claimed that there has been a ‘substantial’ increase in the number of tax returns filed this year ( April 1 – Aug 5, 2017 ) on account of demonetisation. These first sentences from the CBDT press release are important and we will put them under a microscopic scrutiny in the next few paragraphs. As a result of...
More »Economy red flags go up -Jayanta Roy Chowdhury and R Suryamurthy
-The Telegraph New Delhi: India's Growth juggernaut has started to lose steam. In the mid-year Economic Survey, chief economic adviser Arvind Subramanian flagged big risks to economic Growth and fiscal targets while asserting that the country had entered a "new phase of relatively low, possibly very low, inflation". In the first volume of the survey published in January, the government had forecast GDP Growth in the range of 6.75 to 7.5 per cent...
More »Risks to Growth: mid-year economic concerns
-The Hindu Given the recent policy changes, the CEA has done right to flag mid-year concerns Five months after the Economic Survey 2016-17 was released, Chief Economic Adviser Arvind Subramanian has presented the second volume of the annual economic review-cum-prognosticatory report. With the intervening period having provided a wealth of data points and policy developments, including the momentous roll-out of the Goods and Services Tax, there was a clear need to update...
More »Crops face moisture stress, drought threat looms large -Partha Sarathi Biswas
-The Indian Express According to experts, June has been a good month for the state, with farmers speeding up sowing. However, absence of rains towards the end of June, mostly in Marathwada and Vidharbha regions, had harmed the crops during the crucial Growth phase. Pune: AS MAHARASHTRA reported more than 90 per cent sowing, moisture stress is now threatening the survival of standing crops in various parts of the state. As per...
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