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Farmers' suicides in Punjab: Looking beyond indebtedness -Sher Singh Sangwan

-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...

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If Anything, Demonetisation Slowed the RATe of Increase in Income Tax Base -James Wilson

-TheWire.in Year-to-year growth in the number of tax payers in 2016-17 was 26% (with demonetisation), which is less than 27.6% during 2015-16 (without demonetisation). I am finally able to resolve the jigsaw puzzle of the number of tax payers added during FY 2016-17. In my last article in response to the clarifications issued by the Ministry of Finance on August 18, I pointed out the inconsistencies in their response. For instance, “Instead...

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Centre's emphasis on oilseed production may lower dependence on edible oil imports

-The Hindu Business Line Share of imports to reduce to 55% by FY22, says ICRA Ahmedabad: The Centre’s push for oilseeds production can potentially bring down India’s dependence on imports for edible oil. The share of imports in overall edible oil consumption may decline from 60 per cent at present to about 55 per cent by FY22, according to RATing agency ICRA. The Centre’s National Mission on Oilseeds and Oil Palm (NMOOP) — to...

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Shameful that garbage hill can kill: Tribunal

-PTI New Delhi: The National Green Tribunal today came down heavily on the AAP government and the East Delhi Municipal CorpoRATion (EDMC) over the Ghazipur landfill collapse in which two persons were killed, saying "nothing can be more humiliating than people being killed under garbage hill". The green panel issued notices to them while directing them to show cause why punitive action should not be taken against the Delhi government and criminal...

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Economy outlook still cloudy -Ajit Ranade

-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth RATe has gone down steadily,...

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