The Ministry of Agriculture and Farmers Welfare has contended that the growth in real Gross Value Added (GVA) by the agrarian sector will not decline in 2017-18 vis-à-vis 2016-17 as has been predicted by the Central Statistics Office (CSO). The first advance estimates of CSO show that the growth rate in GVA at basic price (at 2011-12 prices) of the 'Agriculture, forestry & fishing' sector is likely to dip from 4.9...

-TheWire.in While the nitty-gritties of GST work are handled by the council, slippage in revenues are a result of poor design, which is why a road map for reforming the GST is needed. I don’t envy finance minister Arun Jaitley. The fiscal situation is looking rather grim, with the fiscal deficit target amount for the entire year having already been exceeded by 12 percentage points, with a full quarter of the fiscal...

-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...

-PTI Consultations on with States, NITI Aayog to increase the income of farmers New Delhi: Farmers are not getting the mimimum support price (MSP) for their crops, and efforts are being made so that they get the right remuneration, Radha Mohan Singh, Agriculture Minister, said on Friday. During Question Hour in the Rajya Sabha, Singh said that from his experience he felt that farmers often did not get the price settled as the...

-The Asian Age The increase in the income has also halted migration of local people to other states in search of work. Bhubaneswar: Grappling with financial problems because of non-remunerative character of their age-old agricultural practices, villagers living in hilly areas of Odisha’s Gajapati district have suddenly found enough money coming to their pockets by adoption of traditional methods of irrigation. Sourcing water in the Diversion Based Irrigation (DBI) system from the streams...