-Livemint.com * The task force will include state chief ministers and central ministers. The timeframe for making recommendations will be announced shortly * The task force will examine ways of improving productivity in farming and the changes needed in legislation New Delhi: Federal policy think tank Niti Aayog, chaired by Prime Minister Narendra Modi, on Saturday decided to set up a task force of state chief ministers and central ministers to prepare a...

-The Financial Express When several NGOs and others protested against the GEAC report, the UPA's environment minister, Jairam Ramesh decided not to give the final go-ahead. As farmers under the umbrella of the Shetkari Sangathana start their civil disobedience movement and plant the banned Herbicide Tolerant (HT) GM seeds as well as Bt brinjal, chances are the authorities will treat this as yet another law and order issue and will arrest them;...

-The Indian Express While official estimates have pegged average annual growth at around 7 per cent during this period, actual GDP growth is likely to have been lower, at around 4.5 per cent, says Subramanian New Delhi: In the midst of a raging controversy over India’s economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has concluded that the country’s growth has been overestimated by around 2.5...

-Livemint.com * Of the total estimated revenue losses, approximately $4 billion was due to Export misinvoicing and approximately $9 billion due to import misinvoicing * Almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from China New Delhi: India lost a staggering $13 billion, over Rs.90,000 crore, to trade misinvoicing, equivalent to 5.5% of the value of the country's total revenue...

-The Hindu Narendra Modi must leverage the public trust voters have placed in him to get the economy on track Prime Minister Narendra Modi’s election campaign, staying clear of bread-and-butter issues, successfully swayed voter attention away from economic hardships. Having won a thumping mandate, his government in its second tenure must now devote itself to a well-thought-out strategy for economic reforms. The bad news Official estimates released on Friday, the new government’s first day...