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A milestone in greater transparency, accountability -Madan Lokur

-The Hindu The launch of the Jan Soochna Portal in Rajasthan is a vital cog in access to the right to information The Jan Soochna Portal (JSP) launched by the government of Rajasthan yesterday is a remarkable achievement in furtherance of the right to information (RTI) — especially Section 4 of the RTI Act — that deals with proactive disclosure of information. Transparency must be accompanied by accountability, and that is where...

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Slowdown Blues: Contrary to Modi govt's aim, exports down by 6% in August; gems & jewellery lose shine -Rahul Shrivastava

-BusinessToday.in Cumulatively, the exports were down 1.53 per cent to $133.54 billion in the April-August period, while imports contracted by 5.68 per cent to $206.39 billion The depressing trends in India's trade in this financial year continue to hurt its growth story. India's exports in August dropped by 6.05 per cent to $26.13 billion compared to the August 2018 mark, as per official data released on Friday. In the first five months...

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Merchandise exports affected by global slowdown but not export of services

  Is it the case that the global economic downturn instead of shrinking domestic demand has affected our economy more? If the aforesaid statement is true, then ideally the trade related data should indicate improvement in our imports and deceleration in the country's exports. However, that is not the case and we get a mixed picture.   A press release by the Ministry of Commerce & Industry dated 13th September, 2019 shows...

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Centre may promote Farmer Producer Organisations, but will they address agrarian distress? -Richa Govil

-TheWire.in India already has several kinds of FPOs. So why have they not made a dent on farmers' woes? On July 5, 2019, the government of India announced its intent to promote 10,000 farmer producer organisations (FPOs) over the next five years, as part of its efforts to increase farmer income and reduce agrarian distress.   Such collectivisation can be very powerful. The best known example of an FPO is that of Amul...

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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...

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