-TheWire.in An RTI response has shown that the government continued to collect money under the cess even after July 1, 2017. New Delhi: The Narendra Modi-led Central government has collected tax worth more than Rs 1,300 crore under the Krishi Kalyan Cess (KKC) despite having abolished it, information received THRough the Right to Information has revealed. The Ministry of Finance had gradually disposed of several cesses with the Goods and Services Tax (GST)...
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How India's statistical system was crippled -Pramit Bhattacharya
-Livemint.com The inside?story?of?the?decline?of a?globally renowned statistical system and its effect on Asia’s third largest economy New Delhi: Toothless. Powerless. Impotent. These are the adjectives used to describe India’s apex statistical organization, the National Statistical Commission (NSC). And these haven’t been hurled by its detractors but by THRee former members of the NSC who have been part of the commission at different points in time. The NSC shot to prominence in December last year after...
More »'Firms missing from database will not affect GDP calculation' -TCA Sharad Raghavan
-The Hindu Shell companies in MCA-21 submitting balance sheets regularly very much part of measurement, says former chief statistician The deficiencies found in the MCA-21 database of the corporate sector, where more than a third of the sample companies were either untraceable, out of coverage, or closed, will not have a major impact on the calculation of GDP and GVA, according to prominent statisticians closely associated with the subject. A recent report by...
More »Not right to extrapolate no. of shell companies to GDP computation: Pronab Sen -KR Srivats
-The Hindu Business Line Such computation will underestimate GDP, says the former Chief Statistician The National Sample Survey Office’s (NSSO) recent study involving samples from the MCA-21 database has put the whole GDP computation methodology under fire, but on a wrong basis, according to former Chief Statistician of India Pronab Sen. The NSSO study had revealed that there are several more shell companies in the system than what the Centre realised. Having numerous...
More »A wake-up call on proprietary seeds -Mrinalini Kochupillai & Gregory Radick
-The Hindu How India can shift its agriculture from a high-yield ideal to a high-value one When the news broke that PepsiCo was suing small farmers in India for growing a potato variety that is used in its Lay’s chips, popular sympathies immediately went, of course, to the farmers. National and international pressure swiftly mounted, and in short order a humbled PepsiCo backtracked, announcing its withdrawal of the lawsuit. There was global...
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