-The Indian Express CII recommended adoption of an expansionary fiscal policy to allow fiscal deficit to increase by around 0.5 per cent to 0.75 per cent of GDP, which will give government additional fiscal space of Rs 1.1 lakh crore to Rs 1.6 lakh crore. In a pre-Budget consultation meeting with Revenue Secretary Ajay Bhushan Pandey, the Confederation of Indian Industry (CII) shared its pre-Budget Memorandum recommendations, focusing on providing impetus...
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Due process vs instant verdict: Applause for Telangana police and a few questions -Seema Chishti & Avishek G Dastidar
-The Indian Express Hyderabad rape-murder case: From Parliament to social media, from chief ministers to actors and sports stars, several invoked the “delay” in the judicial system to justify the killings. The showering of petals by local residents on the Telangana Police team that shot dead all the four accused in the gangrape and murder of a veterinary doctor in Hyderabad found an echo far beyond the scene of the crime. From...
More »103 suspected criminals killed in encounters in 2 years, say UP police -Omar Rashid
-The Hindu Response comes after BSP chief Mayawati said the police were keeping criminals as ‘State guests’ Lucknow: The Uttar Pradesh police have killed 103 suspected criminals in alleged encounters over a period of more than two years. This was the claim made by the State police in response to taunts by Bahujan Samaj Party chief Mayawati that the police in Uttar Pradesh were keeping criminals as “State guests.” Ms. Mayawati on Friday, while...
More »Cane farmers may have earned up to Rs.9,000 crore more under revenue-share, rather than FRP, model: CACP chief
-The Hindu Business Line New Delhi: Contrary to popular perception, opting for a revenue share, as recommended by the C Rangarajan panel in 2012, instead of the practice of paying a fair and remunerative price (FRP) for sugarcane, would not have resulted in any loss for farmers. Rather, farmers would have gained Rs.8,000-9,000 crore more in the past 10 years, said Commission for Agricultural Costs and Prices (CACP) Chairman Vijay Paul...
More »Looking up: The farm hope -Harish Damodaran
-The Indian Express The ongoing price recovery in major crops is in danger of being stymied by knee-jerk government response. A lot of analyst commentary on the latest quarterly GDP numbers for India has focused on the low growth in “nominal” terms: Gross value added (GVA) at current prices grew by just 6.3% year-on-year in July-September and 7.1% for April-September. If this first-half trend holds for the rest of 2019-20, it would...
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