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Economic Survey sources data from Wikipedia, other private entities

-PTI The Survey is also marked by quotes from Shrimad Bhagavad Gita, Rig Veda, Adam Smith's 'An Inquiry into the Nature and Causes of the Wealth of Nations', Kautilya's ARThashastra, and Tamil saint and philosopher Thiruvalluvar's treatise The Thirukural. New Delhi: The Economic Survey 2019-20 has sourced certain data from Wikipedia, which is not considered as reliable source of information. Besides Wikipedia, the Survey has also relied on data from other private...

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Budget 2020: Income tax slabs lowered for those who forgo exemptions

-The Hindu Announcing new income tax proposals in the Union Budget 2020, Finance Minister Nirmala Sitharaman said that the new tax rates will be optional. In a proposal to simplify the personal income tax regime, Finance Minister Nirmala Sitharaman, in the Union Budget 2020 speech, said that income tax rates will be “significantly reduced” for those who forgo reliefs and exemptions. The new tax rates will be optional, she said. Please click here...

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Explained: How the government plans to reboot the economy with this budget -Udit Misra

-The Indian Express Boosting consumption by leaving people with higher disposable incomes is the key strategy The fine print of the Union Budget for 2020-21 notwithstanding, the central strategy of the government seems to be to boost the disposable incomes of the Indian consumers. * What was the problem slowing down the economy? Typically, there are four engines of GDP (gross domestic product) growth. These are as follows: Consumption of the private individuals (or...

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NRC-NPR panic: Google halts Net education outreach in Bengal -Ravik Bhattacharya & Atri Mitra

-The Indian Express The programme aims to empower women in rural India by teaching them how to use Internet in their daily lives. Google claims it has benefited over 30 million women across 20 states so far. Birbhum: THE NPR-NRC panic has had its first casualty on the ground in West Bengal with Google stopping its Internet Saathi programme in the state. This followed a series of incidents since January 10 with...

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Agriculture as solution -Harish Damodaran

-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling pARTy benefited, given that there are far more consumers of milk in India than dairy farmers. The...

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