-The Hindu Various steps need to be taken to strengthen social audits “A good auditor is a good listener” said President Ram Nath Kovind during his recent speech at the 29th Accountants General Conference. “You will not only see the accounts in their books, but also listen to their accounts,” he said. It is only when this conception is accepted that audits will return to their democratic roots, and social audits in...
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Dip in jobs, profits for MSMEs; noteban, GST to blame: Survey -Arun Janardhanan
-The Indian Express While job loss was reported at the rate of 43% in the trader segment, micro-segments reported job losses of 32%, small segments reported 35% and medium-scale industries reported 24% job losses. Traders and micro, small and medium enterprises (MSMEs) across the country have reported steady job loss and declining profits since 2014 and demonetisation, the roll-out of GST are among the reasons for the slowdown, according to a...
More »Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must -Prasanna Mohanty
-Firstpost.com The first reaction of the Bharatiya Janata Party-led Central government after the party's debacle in the Hindi heartland states of Madhya Pradesh, Chhattisgarh and Rajasthan seems to be to waive farm loans, which is a telling comment on the state of the agrarian distress in India and the need to pay immediate Attention to the crisis. This was expected, too, since 90 percent of the rural constituencies in Madhya Pradesh...
More »Promising the moon, but will they deliver?
-Livemint.com Taking a cue from election results, political parties may announce more farm loan waivers but this will do little to fix the persistent distress in rural households The drubbing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections in Madhya Pradesh, Rajasthan and Chhattisgarh has proved beyond doubt that all isn’t well in India’s hinterland. An analysis of the poll results in these three states show that the...
More »As glut hits prices in Maharashtra onion hub, farmers lose hope, brace for bleak new year -Kavitha Iyer & Parthasarathi Biswas
-The Indian Express By all accounts, 2018 has been a year of deep losses for Maharashtra’s onion growers. IT HAS been a couple of weeks since Sanjay Balkrishna Sathe, 44, sent Prime Minister Narendra Modi an online money order of Rs 1,064 — the proceeds from the sale of 750 kg of his “top quality” onions at the Niphad marketplace in Nashik, home to half of India’s onion crop. The money...
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