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Cattle and cash curbs stoke farm revolt -Arnab Ganguly

-The Telegraph Sikar (Rajasthan): A 13-day agitation by Rajasthan's farmers, joined by about 100 disc jockeys with sound systems blaring, has forced the Vasundhara Raje government to agree to loan waivers up to Rs 50,000 and payment of the full minimum support price. Some 15,000 farmers had gathered at a mandi in Sikar town, 115km from Jaipur, on September 1 and by the time the government buckled on September 13 night, their...

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No tax refund, no working capital: How GST is hurting Indian exporters -Mayank Jain

-Scroll.in Exporters claim that delays in refunds under the new tax code has tied up a substantial amount of their money, thus harming their businesses. Delays in processing tax refunds under the new Goods and Services Tax regime has locked up the funds of exporters, hurting their businesses and affecting their ability to be competitive in international markets. On September 19, a delegation of exporters met Revenue Secretary Hasmukh Adhia, who is...

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Making the most of the new industrial policy -Janak Nabar

-Livemint.com India’s new industrial policy is an opportunity to address the problems of low R&D spending and tough competition from cheap Chinese imports The framing of the new industrial policy should be seen as an opportunity to chart a meaningful path for industry’s role in India’s development. The recently released discussion paper by the department of industrial policy and promotion mentions two points that need to be examined closely to grasp the...

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The Ghost of Demonetisation Still Haunts Marathwada's Farmers -Parth MN

-TheWire.in The cashless future that demonetisation promised never came, and many in rural Marathwada scoff at the idea. Aurangabad: Ten months after currency notes of Rs 500 and Rs 1,000 were scrapped on November 8 last year, the ghost of demonetisation continues to haunt Deepak Badavne. In early November, Badavne had harvested 31 quintals of cotton from his 2.5 acre farm. He expected good returns on it. “The trader arranged for the truck...

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Govt readies booster dose to revive stuttering economy, may target MSME sector -Suchetana Ray

-Hindustan Times India’s economic growth slumped to 5.7% in April-June quarter, which experts attribute to demonetisation that sucked out 86% of the currency in circulation from a largely cash-reliant economy. The government’s expected measures to revive a stuttering economy could mainly target the MSME sector and involve a re-look at public-private project norms to boost investment without breaching its fiscal deficit target for the year, officials involved in the process told HT. Besides,...

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