-The Hindu Putting more money in the hands of rural households will stir up the economy The government’s statistical machinery has begun work on revising the indices that capture the trends in consumer prices experienced in rural India. This opens up the prospect for an upward revision in the wages paid out to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The current national average wage is just about...
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RCEP: Farmers', civil society groups, unions seek more talks
-The Hindu Business Line Write to Commerce Minister demanding negotiations be put on hold till they are consulted New Delhi: A number of farmer organisations, trade unions, livestock and fisheries groups and civil society bodies have written an open letter to Commerce Minister Piyush Goyal stating that most of them had not been consulted on the on-going negotiations for the proposed Regional Comprehensive Economic Partnership (RCEP) pact and expressed concerns that their...
More »India in no shape to benefit from RCEP -Biswajit Dhar
-The Hindu Business Line Joining the RCEP could be counter-productive given the existing inefficiencies of Indian producers. These need to be fixed first To be or not to be, that is the question … This seems to be the best way of describing India’s engagement in the negotiations for adopting the Regional Comprehensive Economic Partnership (RCEP), the mega regional trade agreement of 16 East Asian countries. When the Bangkok round of the...
More »It's a fact. We don't want farmers to get rich -Zia Haq
-Hindustan Times India’s obsession with keeping food prices low, even when there’s no inflationary pressure, has long hurt farm incomes Farming is gloriously uncertain, thanks not just to uncertain weather, but also unpredictable policies. Let’s zoom into the finances of Bhupinder Pal Singh, a horticulturist from Babbain, a village in Haryana, a state that counts itself among the first places where India’s Green Revolution of 1960s began. In good years, Singh would earn...
More »No GST relief for automobiles
-The Hindu Aadhaar link for registration proposed Panaji: From October 1, taking the family for a holiday is set to become a more economical affair, but the consumption of energy drinks will become more expensive, following a marathon meeting of the Goods and Services Tax (GST) Council that lasted nearly nine hours on September 20. While the tax rates were tweaked up or down for several goods and services, the Council left...
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