-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
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Union Finance Minister Shri Arun Jaitley Holds Pre-Budget Consultation Meeting with the representatives of different Agriculture Groups
-Press Information Bureau/ Ministry of Finance The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer’s income by 2022, there is need for better storage and marketing facilities for the...
More »Shaktikanta Das, former economic affairs secretary, interviewed by Sidhartha & Surojit Gupta
-The Times of India Former economic affairs secretary Shaktikanta Das , who played a key role during the demonetisation drive, spoke to TOI's Sidhartha & Surojit Gupta, four months after retiring from service in May. He says he does not agree with the criticism that implementation of demonetisation had serious shortcomings. Excerpts: * What is your assessment on the state of the economy? The macroeconomic parameters, except the growth figures which are down...
More »Why Indians will continue to pay high oil prices despite lower global rates?-Suchetana Ray
-Hindustan Times Consumers pay more than 100% tax – central and state levies combined – on petrol and diesel. New Delhi: Fuel prices in India are at a three-year high, although global crude rates halved over the same period, leaving many in the country to wonder why they must continue to pay more for petrol and diesel. The central government says that because states earn more in taxes on petrol and diesel, they...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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