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Ease of doing business: how states are ranked, and what’s different now -Nushaiba Iqbal and Udit Misra

-The Indian Express Ease of Doing Business: A look at how states performed, and what went into calculating the final rankings. The latest ease of doing business rankings for Indian states, released by the Department for Promotion of Industry and Internal Trade (DPIIT), have thrown up some Interesting results. The absence of more industrialised states such as Tamil Nadu and Maharashtra from the top rungs and the presence of states such as...

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Retail inflation to come down with easing of lockdowns: CEA

-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian has exuded confidence that retail inflation will come down in the days ahead with the easing of lockdowns. According to the government data, retail inflation rose...

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The twisted trajectory of Bt cotton -Sujatha Byravan

-The Hindu Despite finding huge favour in India, the GM crop has only brought modest benefits Cotton has been woven and used in India for thousands of years. Cotton fabric from around 3,000 BCE has been excavated from the ruins of Mohenjo-daro, and archaeological findings in Mehrgarh, Pakistan, show that cotton was used in the subcontinent as far back as 5,000 BCE. Indian cotton fabrics dominated the world trade during the succeeding...

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Centre’s stance on GST compensation to states is untenable, legally and morally -TM Thomas Isaac

-The Indian Express The stand of Indian government is devoid of any macro-economic logic. It is not a contra-cyclical, but a pro-cyclical stance. And it is untenable, legally and morally. The relation between the Centre and the states has reached its nadir with the controversy over the GST compensation payment. The shortfall in GST revenues in 2020-21 from the protected level will be of the order of Rs 3 lakh crore. The...

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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade

Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....

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