-The Hindu Business Line Record double-digit growth in FY17 Chennai: Indian tractor industry continues to witness strong momentum for higherhorsepower tractors due to multiple benefits in farm application. In the backdrop of demand recovery that culminated in a year of strong sales for the tractor industry, tractors of 40 HP and more recorded double digit growth in 2016-17. The domestic tractor market, which is the largest in the world by volumes, grew 18 per...
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Informal sector: Gujarat's rural workers earn twice as much as urban labourers -Tina Edwin
-The Hindu Business Line Urban-rural wage gap highest in the North-East and northern States New Delhi: That rural employment, particularly in the informal sector, will fetch lower incomes, does not always hold true. In fact, hired workers in the informal sector in rural Gujarat earned twice as much as their counterparts in urban areas, a recent report of the National Sample Survey Organisation show. Hired workers in rural Gujarat’s informal sectors earned about...
More »Pronab Sen, former Planning Commission member and former Chairman of the National Statistical Commission, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu It’s complex than elsewhere both in terms of number of rates and jurisdictions The form of Goods and Services Tax being implemented from July 1 is uniquely Indian, according to former Planning Commission member and former Chairman of the National Statistical Commission Pronab Sen. In an interview to The Hindu, he says the indirect tax regime will make it easier to start a new company, but increases complexity for those...
More »Shrinking banks putting Delhi at risk of flooding -Jayashree Nandi & Risha Chitlangia
-The Times of India NEW DELHI: In 2015, a high-powered panel appointed by the National Green Tribunal and headed by the then union water resources secretary Shashi Shekhar had recommended the ecological development of the Yamuna floodplain in such a manner as to prevent any further encroachments by builders. But with NGT yet to decide on implementing that report, constructions continue on either side of the river. NGT also asked for the...
More »Getting back on the growth track -C Rangarajan
-The Hindu A big push on private investment is needed. But social harmony is also a prerequisite for faster growth The National Income numbers for 2016-17 have been released. What do they convey? What do they hold for the immediate future? Briefly, this is the picture. Recent revisions in the Index of Industrial Production and Wholesale Price Index do not alter the annual growth rates for the recent years. The differences are in...
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