-Livemint.com Diesel price touched Rs.61.74 a litre in Delhi, while petrol hit Rs.71.18 a litre, the highest since 1 August 2014 New Delhi: Diesel price rose to an all-time high on Monday as crude oil price continued to advance in global markets, impacting India’s oil import bill and inflation. Diesel price touched Rs61.74 a litre in Delhi, while petrol hit Rs71.18 a litre, the highest since 1 August 2014, according to information provided...
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Union Budget to tackle rural distress, job creation, investments -Gireesh Chandra Prasad
-Livemint.com Immediate challenges to economy top talks between Prime Minister Narendra Modi, senior ministers and economists, sector experts from across India New Delhi: The government on Wednesday signalled that the Union budget for 2018-19 would include solutions for vexed problems such as rural distress, weak employment and revival of private investments. These immediate challenges to the economy topped the extensive discussion that Prime Minister Narendra Modi and senior cabinet colleagues had on Wednesday...
More »Can Budget 2018 Set a Road Map For a Truly 'Good and Simple Tax'? -Rajul Awasthi
-TheWire.in While the nitty-gritties of GST work are handled by the council, slippage in revenues are a result of poor design, which is why a road map for reforming the GST is needed. I don’t envy finance minister Arun Jaitley. The fiscal situation is looking rather grim, with the fiscal deficit target amount for the entire year having already been exceeded by 12 percentage points, with a full quarter of the fiscal...
More »A statistical boost to growth in Indian economy -Manas Chakravarty
-Livemint.com While CSO’s GDP growth estimates will be a disappointment, it will very likely be explained away soon as the market tries to find new and innovative reasons to extend the rally For a few quarters, take all year-on-year (y-o-y) growth figures about the Indian economy with a pinch of salt. That’s because they will now be boosted due to the favourable effect of a low base. Since demonetisation and the introduction...
More »Anxieties of the dominant -Christophe Jaffrelot & Kalaiyarasan A
-The Indian Express At the root of the insecurities of Marathas, Jats and Patels lies lack of education and employability The recent clash in Pune district between the Mahars and Marathas reflects the anti-Dalit prejudice of the latter, but it needs to be analysed in the context of the changing status of dominant castes, not only in Maharashtra but across India. The claims of Patels, Jats and Marathas to be considered as...
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