-The Hindu Policy efforts to formalise the economy will have limited results as the bulk of informal units are petty producers Since 2016, the Government has made several efforts to formalise the economy. Currency demonetisation, introduction of the Goods and Services Tax (GST), digitalisation of financial transactions and enrolment of informal sector workers on numerous government Internet portals are all meant to encourage the formalisation of the economy. But why the impetus...

-The Hindu Business Line Farmers say the schemes do not reach them and cost of farming is only rising The government of India facilitates State governments to reduce agricultural costs through many Centrally-sponsored and Central-sector schemes. However, the latest data available for six major schemes for the last five years show that the actual expenditure on these schemes has remained low compared to Budget estimates. Farmers have been complaining that the schemes are...

-NetworkIdeas.org In recent weeks the media have featured stories bordering on the alarmist about a coal shortage in India. Coal inventories with thermal power plants had fallen to levels at which major country-wide power outages seemed inevitable. Fortunately, that has not (as yet) materialized, but it is indeed true that coal inventories with the power producers did collapse from the equivalent of around 30 days requirement to that for a couple...

-Moneycontrol.com The NEP seeks to lay out a sector-wise strategy to improve the potential of job creation by drawing investments to employment-intensive sectors, policy interventions and attracting new industries by creating an enabling environment. The government is looking to set up a committee as a part of the National Employment Policy (NEP) that seeks to draw up a roadmap to improve job opportunities in the country. The committee will include representatives from the...

-Newsclick.in And, dipping customs collections show easing of imports, which is destroying Indian producers. It was once famously said that the executive (government) is nothing but a committee to manage the affairs of the ruling class in any society. The Narendra Modi-led Bharatiya Janata Party government is a fine example of this truth. The open and brazen way in which it has worked to the advantage of India’s powerful corporate sector has...