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Note ban effect: GDP growth enters slow lane in Q4 at 6.1% -Ishan Bakshi & Indivjal Dhasmana

-Business Standard GVA growth at 2-year low of 5.6%; Farming only bright spot India’s economic growth fell to 6.1 per cent in the fourth quarter (Q4) of 2016-17 (FY17), primarily because of demonetisation adversely affecting economic activity. This was at least a four-quarter low. The sectors worst affected were construction and financial services. Without indirect taxes, growth figures would be more dismal. Gross value added (GVA), the difference between gross domestic product...

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Illegal and senseless -ARVind P Datar

-The Indian Express The proposed total ban on cattle slaughter goes against Supreme Court decisions on the matter since 1959 Less than a week ago, the Central government notified rules, many of which are as unconstitutional as they are senseless: A person is prohibited from bringing any type of cattle to an animal market for sale for slaughter. First, why is it unconstitutional? The ban on slaughter of cattle was a politically...

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Sangh arm slams Niti -JP Yadav

-The Telegraph New Delhi: The Rashtriya Swayamsevak Sangh's labour arm has accused the Niti Aayog of being committed to a powerful corporate lobby, said it was responsible for giving the Narendra Modi government an anti-labour face and called for revamping the think tank. The Bharatiya Mazdoor Sangh's scathing criticism of the think tank - that has replaced the Congress-era Planning Commission - coincided with celebrations by the BJP and the government to...

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Haryana govt bows to girl power -Ashok Kumar

-The Hindu School in Gothra Tappa Dahina village in Rewari to be upgraded to senior secondary level GURUGRAM: The Haryana government on Wednesday acceded to the demand of girl students in Gothra Tappa Dahina village, Rewari, to upgrade their school to the senior secondary level. Many of the girls had been on a hunger strike for the last eight days. The students had alleged that on their way to the larger school in...

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No plan to tax agri income; rich farmer very rare, says Arun Jaitley

-PTI Stating that the agriculture sector is under distress, he said farm holdings are very small in size Finance Minister Arun Jaitley has said the government has no plans to tax agricultural income, including that of prosperous farmers, saying a rich farmer is “a very rare institution” and not the norm.   In an interview to PTI, he said the farm sector is in distress and there was no question of taxing agricultural income. NITI...

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