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What demonetisation did to tax collections -Aarati Krishnan

-The Hindu It has sharply lifted tax buoyancy and ushered many new return filers into the income tax net The argument about whether demonetisation was good or bad for the economy refuses to die down even a year after the event. Former RBI Governor Raghuram Rajan took potshots at it in a recent speech. While one can endlessly debate, with very little data, on whether the ban on high-value currency notes dealt a...

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Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story -Sunny Verma

-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public sector banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...

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Public Health Activists Oppose Maneka Gandhi's Move to Packaged Nutrients over Take Home Rations in Anganwadis -Aradhna Wal

-News18.com Gandhi made the news recently by opposing her own ministry into wanting to convert these to factory made packets instead of sourcing local food items and ingredients. Citing food safety she has pushed for a powdered formula that can be mixed with regular meals. New Delhi: Over a 100 activists and groups have written to Union Women and Child Development Minister Maneka Gandhi opposing the move to turn take home...

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How MGNREGA can be re-engineered for doubling of farmers' incomes -Ashok Pankaj & Mondira Bhattacharya

-The Indian Express The NDA government’s approach towards MGNREGA — the Mahatma Gandhi National Rural Employment Guarantee Act — has differed from that of the previous UPA regime in one significant way: There is greater emphasis now in the building of “individual household” assets, as opposed to “community” assets, under the scheme that provides 100 days of guaranteed wage employment annually to every rural household whose adult members volunteer to do...

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MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra

-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...

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