-The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes...
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Residents worried as Madambakkam panchayat digs more wells
-The New Indian Express Madras High Court in August gave permission for the project based on a submission by Public Works Department that the area has plenty of groundwater. CHENNAI: Many localities have permanently lost their groundwater source due to excessive extraction of water to meet the city’s growing needs. Residents of Madambakkam, a residential area in south Chennai, are worried whether their case too will end up the same. Madambakkam panchayat...
More »Satellite imagery, artificial intelligence to improve farm yields in Maharashtra -Kavitha Iyer
-The Indian Express The Maha Agri Tech project attempts to mitigate agricultural risks by using data anlytics to plug gaps. Launched in January this year, the Maha Agri Tech project seeks to use technology to address various cultivation risks ranging from poor rains to pest attacks, accurately predict crop-wise and area-wise yield and eventually to use this data to inform policy decisions INCluding pricing, warehousing and crop insurance. When farmers in...
More »The intriguing case of a massive slowdown in the auto sector -Gurbachan Singh
-TheWire.in Did the auto sector's woes go hand-in-hand with the boom in affordable housing segment under PMAY? Sales in the auto sector and in related industries have fallen considerably in India. Maruti-Suzuki, the country’s leading car manufacturer, has reported a 32.7% decline in its total vehicle sales. There is a similar situation across the sector, INCluding the two-wheeler industry. The sector has already lost over 300,000 jobs. What explains the massive slowdown in...
More »Gujarat tribal workers demand regular payments, refuse to migrate for sugarcane harvesting -Ravi Kaushal
-Newsclick.in The labourers from Dang migrate every year to Bardoli—a hub of sugar mills—where they are caught in a system of advance payments that bind them to the workplace for the duration of the season. Dang, a district in southern Gujarat, is witnessing one of the largest labour movements in its recent history after the tribal sugarcane harvesters of the district decided not to migrate to Bardoli and other neighbouring areas. Bardoli,...
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