-TheWire.in With or without the government-mandated minimum support prices, private players in Punjab have been calling the shots, and the new farm laws only legitimise the rampant practice. Chandigarh: Farmers from Punjab, who are up in arms against the Centre’s new farm laws, have more than one reason to remain firm on their demand for the rollback of the contentious laws. For crops where there is no assured government purchase even after the...
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Where is the staff to serve in rural areas and implement schemes?
Huge sums of money are allocated for the rural and agrarian sectors by the Union Government in its annual budget every year, and rightly so. But in the absence of an adequate number of officials in rural areas, can the various schemes and programmes of the government be implemented properly? We will find the answer if we think about this issue deeply and the answer that would emerge should bother...
More »The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White
-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...
More »Hans Timmer, World Bank's Chief Economist for South Asia, interviewed by Suhasini Haidar (The Hindu)
-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...
More »Tax dept. asks officers working from home to chase large taxpayers for dues
-PTI/ The Hindu “While the ITBA platform is not available to the officers for discharging statutory functions, it is still possible to follow up the pending collection matters by contacting large taxpayers telephonically/electronically,” IT Commissioner said. A three-month extension in deadlines for tax payment and filing of returns notwithstanding, the Income-Tax Department has asked field formations to contact large taxpayers over phone or email to follow up on pending collections. Rakesh Gupta, Commissioner...
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