-The Hindu It has sharply lifted tax buoyancy and ushered many new return filers into the income tax net The argument about whether demonetisation was good or bad for the economy refuses to die down even a year after the event. Former RBI Governor Raghuram Rajan took potshots at it in a recent speech. While one can endlessly debate, with very little data, on whether the ban on high-value currency notes dealt a...
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Between 2015 & 2016, suicide by farmers fell but suicide by agricultural labourers grew
The total number of farm suicides in the country has reduced from 12,602 to 11,370 between 2015 and 2016 viz. a fall by 9.8 percent. This has been revealed recently in a reply by the Minister of State in the Ministry of Agriculture and Farmers Welfare Shri Parshottam Rupala in the Lok Sabha. So, one may wonder why there is such a hue and cry about rural distress and agrarian crisis...
More »IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera
-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...
More »Rural Distress: 9 Crore Applied For MGNREGS Work Last Year -Subodh Varma
-Newsclick.in Shrinking farm incomes, frozen wages and lack of jobs is driving people to work in the scheme for a pittance. Nearly 9 crore Indians applied for work in the rural jobs guarantee scheme (MGNREGS) in 2017-18, according to data put out by the ministry of rural development. That’s a staggering 42% of the rural work force. Of those who applied for work, some 1.4 crore persons (or about 15%) were turned...
More »PMO for ordinance to counter court ruling on SC/ST -Rakesh Mohan Chaturvedi
-The Economic Times NEW DELHI: After a successful Bharat Bandh against the Supreme Court judgement on the SC/ST Act, the government is worried about losing the perception battle to rival political parties on being pro-Dalit. While the suggestion for issuing an Ordinance-if needed to counter an adverse SC verdict on the review petitioncame from the Prime Minister’s Office, some cabinet ministers are of the view that issues like reservation in promotion and...
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