-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...

-Press Release from India Resource Center New Delhi: A proposal to tax sugar sweetened beverages like tobacco in India is being welcomed by public health advocates. The proposal to increase sin taxes on aerated drinks is part of the recommendations made by India’s Chief Economic Advisor Arvind Subramanian on the upcoming Goods and Services Tax (GST) bill in the parliament of India. Taxation to reduce consumption of tobacco has been successful when used...

-The Indian Express A major challenge would be coordinating with different agencies, many of which claimed they were in the dark. While the Delhi government introduced a slew of radical measures to curb the capital’s soaring pollution levels, there is still a long way to go before these can be successfully implemented. A major challenge would be coordinating with different agencies, many of which claimed they were in the dark. -...

-Hindustan Times Commerce minister Nirmala Sitharaman has said that the WTO will have to give a permanent solution to India’s food security issue. HT explains. * What has WTO got to do with food security? The World Trade Organisation was established in 1995 to facilitate trade among members, who now number at 161. The WTO facilitates trade through rounds of negotiations — there have been nine rounds till now, the latest being the...

-The Hindu Business Line Policy interventions, skill development enhance opportunities for farmers Agriculture, the largest livelihood generating activity, is fast transforming itself from a supply-driven to a demand-demand scenario. The discerning consumer (urban, rural and global) is increasingly demanding better quality, multiple choices, food safety and convenience. Diversification is the key to convene these changing demand patterns with supply, and more importantly, to act as an overall risk mitigant for the producer himself....