-The Hindu Business Line Research Bureau But indirect tax is inequitable as it is a burden for both the rich and the poor alike The Growth in tax collection in relation to GDP Growth has improved over the past couple of years under the Modi regime. In 2013-14, the final year of the UPA regime, tax buoyancy hit a four-year low at 0.71. Since then, it has improved to 1.23 in 2014-15 and...
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Rabi acreage up 7%; rice, coarse cereals take a hit
-The Hindu Business Line Pulses, wheat, oilseeds gain area New Delhi: Sowing in the on-going rabi season maintained its pace of low Growth in the new year with rice and coarse cereals posting a decline and oilseeds remaining stagnant compared with the average of the last five years. Total sowing till January 6 increased 2.76 per cent to 602.75 lakh hectares (lh) compared with the previous five year’s average (normal of corresponding week)...
More »97% banned notes said to be deposited in banks in blow to Modi's black money fight -Siddhartha Singh
-Livemint.com Banks have received Rs14.97 trillion ($220 billion) as of 30 December, the deadline for handing in the banned notes, said a person familiar with the matter New Delhi: Indians have deposited nearly all the currency bills outlawed at the end of the deadline last year, according to people with knowledge of the matter, dealing a blow to Prime Minister Narendra Modi’s drive to unearth unaccounted wealth and fight corruption. Banks have received...
More »When women eat last -Diane Coffey
-The Hindu In households with a limited food budget, or where there is no refrigerator to store leftover food, the person who eats last very often gets less or lower quality food India has a major child malnutrition problem. The Rapid Survey on Children (2012-13) found that about 4 in 10 children are stunted. On average, children who are stunted do less well in school, earn less, and die sooner than children...
More »Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf
-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective Growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...
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