-The Times of India NEW DELHI: The recent crisis in Madhya Pradesh where farmers had to sell onions at throwaway prices or dump it in farms due to bumper production has prompted the government to look at the Bhabha Atomic Research Centre (BARC) to set up irradiation facilities in the state and elsewhere in the country to deal with the problem of plenty by increasing the shelf life of perishable horticultural...
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The spectre of unemployment -Raghavan Srinivasan
-The Hindu Sans quality jobs, ‘aspirational young India’ will become ‘angry young India’ The government – and Paytm – may not agree, but there are some downsides to the rising digitisation and connectivity. One is an unleashing of aspirations. Everyone wants not just what Bengal’s leftists used to contemptuously dismiss as components of the middle-class Indian dream — gaadi, baadi, chaakri (car, home, job) — but a whole lot of other things....
More »GST Is Proving to Be a Procedural Nightmare for Small Service Providers and Traders -MK Venu
-TheWire.in Most of the outreach efforts of the finance ministry to explain and create awareness about the GST have been with the bigger industry players. It is becoming increasingly clear that that neither the Centre nor states are adequately prepared to launch the goods and services tax (GST) on July 1. The sheer multiplicity of taxes, as also different tax slabs for the same commodity or service, is a problem which has...
More »Government makes Aadhaar must for bank a/cs, high value transactions
-The Times of India NEW DELHI: The government has made the Aadhaar card mandatory for opening bank accounts and conducting financial transactions of Rs 50,000 and above. Those with existing accounts will also have to submit their unique identification number by the end of December. Not disclosing it by December 31 will lead to suspension of the account. While the income tax department had earlier announced the decision to make Aadhaar mandatory for...
More »Political economy structures perpetuate myopic understanding of agriculture sector -Nirvikar Singh
-The Financial Express A half-dozen years ago, I participated in a conference on water resource challenges in India. I remember Upmanu Lall, professor at Columbia University, graphically and bluntly making the point that Punjab’s water table was not far from collapse. This has been known for years, and there have been feeble efforts to deal with the problem, but they have been far short of what is needed. My own understanding...
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