-The Telegraph New Delhi: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth had tumbled to 6.1 per cent in the fourth quarter (January-March). That is considerably slower than the 6.9 per cent growth that the resurgent Chinese economy racked up during the same...
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This year to see highest-ever yield of fruit, spices, flowers & veggies
-The Times of India NEW DELHI: India is likely to have the highest ever production of horticulture crops, including fruit and vegetables, in the 2016-17 crop year, ending June. The total production is estimated at 295 million tonnes, 3.2% higher than in 2015-16. The estimate shows that 2016-17 will be the fifth straight year when India's horticulture production will outstrip that of foodgrains. The foodgrain production for 2016-17 is estimated at 273.38...
More »Can we measure demonetisation's impact on income tax collections? -Roshan Kishore
-Livemint.com One-off gains from Income Disclosure Scheme 2016 call for scepticism about any immediate claims of demonetisation having widened India’s income tax net News reports have quoted government officials making claims about a record increase in the number of income tax payers in 2016-17. Should such claims be seen as a success of demonetisation in forcing unscrupulous individuals to become a part of income tax net? An analysis of direct tax collection...
More »What the Data Tells Us About 'Sabka Saath, Sabka Vikas' -Anamitra Roychowdhury
-TheWire.in The Modi government has struggled to achieve success on crucial development fronts such as farmer incomes and job creation. Public memory in India is amnesic. Still, it is difficult to forget that Narendra Modi rode to power in 2014 on the plank of promoting development, aptly captured by ‘Sabka Saath Sabka Vikas’. This is not a novel idea in itself as others too have tried to win over voters adopting similar...
More »Maharashtra tur mess casts doubts on yield estimates -Abhiram Ghadyalpatil
-Livemint.com While one estimate pegged Maharashtra’s tur production at 1.17 million tonnes, another forecast a record yield of 2.35 million tonnes Mumbai: Maharashtra’s economic survey of 2016-17, which came out on 17 March, pegged the state’s total tur (pigeon pea) yield at 1.17 million tonnes, based on estimates of the Pune-based agriculture commissionerate. A fortnight later, the state’s agriculture department put out Revised Estimates showing the March projection of tur yield...
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