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From plate to plough: A barren field -Ashok Gulati & Shweta Saini

-The Indian Express NDA government’s plans for agriculture are still to bear fruit As the Modi government celebrates two years in office, any review of its functioning will be incomplete without examining its record on the farm front. In the two years (FY15 and FY16), while the economy grew at 7.2 per cent and 7.6 per cent respectively, agriculture and the allied sector grew at -0.2 per cent and 1.1 per cent....

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Centre owes over Rs. 81,000 cr. to States

-The Hindu The amount is tax share of last 10 years The Centre owes over Rs. 81,000 crore to States as tax shares of last 10 years, according to a finding by the Comptroller and Auditor-General of India. According to details of communication between the CAG and the Finance Ministry, between 1996-97 and 2014-15, the Centre has failed to devolve to States Rs. 81,647.70 crore. Just in 2006-07 the Centre did not disburse...

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The story behind India's missing wheat stock -Sanjeeb Mukherjee

-Business Standard A cool weather laden with moisture is good for the wheat crop. However, such a climate has been absent this year India's wheat market is in a tizzy as supply projections and actual arrivals are not matching, raising a big question mark over the Centre's official production estimate for 2015-16. The agriculture ministry in its third advance estimate of foodgrain production released earlier this month had estimated wheat output at over...

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Soon, submit income tax return copy to get LPG subsidy -Amitav Ranjan

-The Indian Express The IT Act forbids the income tax department from sharing income details of an assessee unless the Central government specifies an officer, authority or body to receive the data to perform his or its functions under a law. Soon you will have to submit a copy of your income tax return (ITR) every year to the LPG dealer to claim subsidy on cooking gas cylinders. With the voluntary GiveItUp...

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India’s jobless growth is undermining its ability to reap the demographic dividend -Christophe Jaffrelot

-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...

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