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Seven key takeaways from India’s latest GDP data -Udit Misra

-The Indian Express India’s GDP 2020-21: This year, India’s per capita GDP, per capita private consumption and the level of investments in the economy — all will fall to levels last seen in 2016-17 or earlier, reveals latest official GDP data. On Thursday, the Ministry of Statistics and Programme Implementation released the First Advance Estimates (FAE) for the current financial year. According to MoSPI, India’s gross domestic product (GDP) — the total...

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Farmers Tell Govt Nothing Less Than Repeal of 3 Farm Laws Acceptable, 8th Round of Talks Fail -Tarique Anwar

-Newsclick.in The farmers’ unions also rejected the government’s proposal to take the matter to the Supreme Court saying that “this is a political matter and it will be resolved politically”. New Delhi: “We will either die or win. We will return home only when you withdraw the (three) laws,” farmer leaders told the government in clear terms on Friday afternoon (January 8) during eighth round of talks held at Vigyan Bhawan for...

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WTO urges India to reduce tariffs -Asit Ranjan Mishra

-Livemint.com * Frequent policy changes create uncertainty, says report * India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1% India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest...

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Three Myths and the Three Farm Laws -Arindam Banerjee

-Vikalpind.in Much of the discourse on the three farm laws are influenced by certain prevailing myths about Indian agriculture and the food situation in the country within the academic and policy-making circles. First, there is a common perception, propagated by the ruling establishment, that India is a ‘food surplus’ nation, particularly with respect to cereals. Our farmers have allegedly over-produced cereals due to the MSP-based government support system. SECondly, any removal...

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'Thakur' Shoes: UP Police Detain Muslim Vendor But Agra Firm's Been Selling Brand for Decades -Ismat Ara

-TheWire.in The police action follows a complaint lodged by a Bajrang Dal organiser from Bulandshahr, alleging that the seller was promoting communal disharmony. New Delhi: A Muslim shopkeeper in Uttar Pradesh’s Bulandshahr was detained by the police on Tuesday for selling shoes embossed with the word ‘Thakur’ on the sole with the authorities accusing him of inciting communal hatred. Thakur is a common Hindu name, normally associated with a so-called ‘upper’ caste. The shopkeeper,...

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