-The Hindu Business Line Trade deficit widens as imports rise; Exporters worried about future New Delhi: A fall in Exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall Exports (year-on-year) by a marginal 0.6 per cent to $29.11 billion in March 2018. Exporters are worried as several of the sectors that have taken a hit are labour-intensive, which they say is due to liquidity problems. Exports, however,...
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From Plate to Plough: The right agri-support -Ashok Gulati & Tirtha Chatterjee
-The Indian Express Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices. With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The Centre and several state governments are searching for ways and means to support farmers. In his recent address (Mann ki Baat), the...
More »Economist Paul Krugman warns India of mass unemployment if manufacturing sector does not grow
-Scroll.in The Nobel laureate noted that the country does not yet have the jobs essential to sustain the projected growth in demography. Nobel laureate Paul Krugman on Saturday warned that India may end up with mass unemployment if its manufacturing sector does not grow, News18 reported. The American economist was speaking at an event that the news channel had organised. “As the world’s economies took off because of growth in the manufacturing...
More »Only 18% of Maharashtra's cropped area is irrigated; we should not be surprised at the distress -Siraj Hussain
-ThePrint.in It is nobody’s case that problems of agriculture can be fixed by soil health cards, loan waivers, crop insurance or e-NAM. The five-day long march of 30,000 farmers from Nashik to Mumbai has touched a chord with urban India. Even though some said they were implementing the agenda of ‘urban Naxalites’, the pictures of poor tribals and farmers, men and women, old and young, walking in heat, many without shoes, will...
More »GST one of the most complex, has second highest tax rate: World Bank report -Asit Ranjan Mishra
-Livemint.com GST is one of the most complex with the second highest tax rate in the world among a sample of 115 countries which have a similar indirect tax system, says the World Bank The goods and services tax (GST) implemented by the Narendra Modi government from 1 July last year is one of the most complex with the second highest tax rate in the world among a sample of 115 countries...
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