-Livemint.com * The task force will include state chief ministers and central ministers. The timeframe for making recommendations will be announced shortly * The task force will examine ways of improving productivity in farming and the changes needed in legislation New Delhi: Federal policy think tank Niti Aayog, chaired by Prime Minister Narendra Modi, on Saturday decided to set up a task force of state chief ministers and central ministers to prepare a...

-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country’s growth has been overestimated by around 2.5...

-Livemint.com * Of the total estimated revenue losses, approximately $4 billion was due to export misinvoicing and approximately $9 billion due to import misinvoicing * Almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from China New Delhi: India lost a staggering $13 billion, over Rs.90,000 crore, to trade misinvoicing, equivalent to 5.5% of the value of the country's total revenue...

-The Hindu Narendra Modi must leverage the public trust voters have placed in him to get the economy on track Prime Minister Narendra Modi’s election campaign, staying clear of bread-and-butter issues, successfully swayed voter attention away from economic hardships. Having won a thumping mandate, his government in its second tenure must now devote itself to a well-thought-out strategy for economic reforms. The bad news Official estimates released on Friday, the new government’s first day...

-The Hindu Business Line Growers fear up to 70% crop loss due to cold weather Ahemadabad: Faced with climatic adversities and competition from neighbouring countries, India is set to lose the export market for its famed mangoes. Mango production in the main growing regions of Uttar Pradesh, Maharashtra, Gujarat and South India is likely to to be hit due to uneven weather. Weather vagaries Production in Uttar Pradesh is likely to be down by about...