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A misleading story of job creation -Praveen Chakravarty & Jairam Ramesh

-The Hindu India does not create 55 lakh new jobs every year, as claimed by a new report A recent research report titled “Towards a Payroll Reporting in India” authored by the Group Chief Economic Adviser of the State Bank of India and a professor from the Indian Institute of Management, Bangalore has caught the media’s and the Prime Minister’s fancy. Ostensibly, the main objective of the report was to make a...

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A statistical boost to growth in Indian economy -Manas Chakravarty

-Livemint.com While CSO’s GDP growth estimates will be a disappointment, it will very likely be explained away soon as the market tries to find new and innovative reasons to extend the rally For a few quarters, take all year-on-year (y-o-y) growth figures about the Indian economy with a pinch of salt. That’s because they will now be boosted due to the favourable effect of a low base. Since demonetisation and the introduction...

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Can Budget 2018 Set a Road Map For a Truly 'Good and Simple Tax'? -Rajul Awasthi

-TheWire.in While the nitty-gritties of GST work are handled by the council, slippage in revenues are a result of poor design, which is why a road map for reforming the GST is needed. I don’t envy finance minister Arun Jaitley. The fiscal situation is looking rather grim, with the fiscal deficit target amount for the entire year having already been exceeded by 12 percentage points, with a full quarter of the fiscal...

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Software and soft skills in Bihar -Surabhi

-The Hindu Business Line Patna is attracting the young from the hinterland to its skilling centres, teaching them English and computer skills At first glance they look like cyber cafés with their bustling young boys and girls. But take a closer look and you will find students busy at their computers picking up English language and software skills. These small centres have popped up across the State Capital in shopping areas and residential...

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Farm distress and electoral outcomes -EA Ramaswamy

-The Hindu Business Line Gujarat result shows politicians and governments would pay attention to farmer woes only when they are hit where it hurts Agriculture is in the eye of the storm, and we must thank Gujarat elections for this turn of events. Agrarian distress is gaining eyeballs like never before. Farmers have tried all kinds of methods in the past, but to no avail. They committed suicide, but it didn’t matter....

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