-The Indian Express Five years down the line, official data shows that the progress of SAGY has been sluggish — about two-thirds of Lok Sabha MPs are yet to select gram panchayats under Phase-4 of the scheme. In his first Independence Day address from the ramparts of the Red Fort in 2014, Prime Minister Narendra Modi had announced the Saansad Adarsh Gram Yojana (SAGY) as part of nation-building, urging Lok Sabha MPs...
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State of the economy: Beyond hiccups -Dipankar Dasgupta
-The Telegraph The power of Keynes’s multiplier process is not absolute An eminent economist observed recently in a national daily’s blog that in spite of the Indian economy’s periodic hiccups, there is no serious threat to the system. “[H]istory,” he asserts, “should give us some pause as we assess the prospects of (the) Indian economy in the medium to long run. There is no denying that the economy is going through a...
More »Problem with figures
-The Indian Express Government does well to constitute panel on economic statistics, and even better to include critics on it The Narendra Modi government deserves credit for constituting a new Standing Committee on Economic Statistics “to review the extant framework relating to data sources, indicators, concepts/definitions and other issues” connected with measurement of economic activity. Significantly, the panel is headed by the former chief statistician of India, Pronab Sen, and has at...
More »Reality check: Before PM Modi's distancing from pan-India NRC, there was Amit Shah's underlining -Liz Mathew
-The Indian Express In the run-up to the Lok Sabha elections, Shah had raised the pitch in West Bengal, where the BJP sought to use the “illegal immigrant” issue as a major poll plank to consolidate the Hindu votes against the Mamata Banerjee-led TMC government in the state. While Prime Minister Narendra Modi said on Sunday that there has been no discussion on a National Register of Citizens (NRC) since the time...
More »Finance panel suggests new structure to rationalise GST slabs -Rajeev Jayaswal
-Hindustan Times The suggestion is to come up with a standard rate of 17%, a lower merit rate for items of common consumption and a higher rate on luxury and sin goods, according to these officials who spoke on the condition of anonymity. The Fifteenth Finance Commission (FFC) has suggested the Goods and Services Tax (GST) Council to simplify tax rates by creating just three slabs, two officials with direct knowledge of...
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