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Environment Ministry plugs loophole that allowed plastic waste import -Jacob Koshy

-The Indian Express PET bottles impoRTEd for processing in SEZs had increased substantially. New Delhi: The government has plugged a loophole that allowed the import of plastic waste into India for processing. “…Solid plastic waste has been prohibited from import into the country including in Special Economic Zones (SEZ) and by Export Oriented Units (EOU),” the Ministry of Environment, Forest and Climate Change (MoEFCC) s

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A meaningful safety net for the poor -Kirit Parikh

xt 10 per cent, and so on. If we add the monthly per capita value of the Rs 6,000 transfer to each class’s MPCE, we obtain the addition to its MPCE. However, the transfer in 2019 has to be conveRTEd to the equivalent transfer in 2011-12 by adjusting for inflation in the state’s consumer price index. The modified MPCE can be compared with the poverty line in the state. We can then assess how many people will cross the poverty line with this

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India's Agriculture Export Policy: Incidence of non-tariff measures increasing, little understanding of existing restrictions -Seema Bathla & Abhishek Jha

l rate of growth at 9.54% (at 2004-05 prices). The real gross value-added has increased manifold to reach `32,94,243 lakh at an annual growth rate of 5.4% during this period. It appears that the conceRTEd efforts of the ministry of food processing industries to increase private investment through fiscal incentives and other measures have reaped the benefits. Some other initiatives such as investments in mega food parks with state-of-the-art infrastruc

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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)

eceive anything. Now, you have a new rhetoric about conditional transfers. If you have a scheme like Rahul Gandhi has proposed, you’re going to give a minimum guaranteed income to the lowest quaRTEr. But how on earth are you going to identify who is down there? That is an incredibly difficult job. In addition, there is the poverty trap problem. If you make cash transfers conditional, you are giving the poor an incentive not to raise their income

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No achhe din for the farmer -Ashok Gulati & Ranjana Roy

government must initiate structural reforms, set realistic targets The Central Statistics Office (CSO) has released the second advanced estimates of national income for 2018-19, along with the quaRTErly GDP estimates for QuaRTEr 3 (Q3). The overall GDP for Q3 is down to 6.6 per cent and for 2018-19 as a whole, the GDP is expected to grow at 7 per cent, a notch lower than 7.2 per cent achieved in 2017-18

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Unmet farm challenge

olicy still hasn’t adjusted itself to address the crisis of agricultural produce deflation. India’s agricultural output grew by hardly 2.7 per cent during the last October-December quaRTEr. That isn’t bad, if one takes the corresponding year-on-year increases for the preceding 10 quaRTErs; these have ranged between 4.2 per cent and 7.5 per cent. The cause for concern is that these reas

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Failing the forest -Bahar Dutt

rliament and is aimed at correcting historical injustices to traditional forest dwellers who, since colonial times, have been subject to a cycle of evictions. Since colonial times, as governments asseRTEd their control over forests, India’s forest history has become a cycle of evictions from forestland and rebellions by forest dwellers. Please click here to read more.

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Farm income growth slumps to a 14-year-low in Oct-December 2018 -Harish Damodaran

-The Indian Express October-December 2018 is also the second consecutive quaRTEr where growth in gross value added (GVA) from agriculture has been lower in nominal than in real terms. The country’s farm sector output may have grown by just 2.7 per cent year-on-year in October-December 2018, the lowest in 11 quaRTErs. But what should worry the NDA government more than the low increase in &ldqu

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Slowing Economy, Rising Joblessness -Subodh Varma

eep agrarian crisis and an economy in doldrums, while unemployment continues to grow. Advance estimates of Gross Domestic Product (GDP) for the current year 2018-19, and estimates for the third quaRTEr (Sept-Dec 2018) show unmistakeable signs of a slowing economy, despite the flawed method of calculating these estimates. The country’s economy will grow by 7% in the current year which will end this March. Last year it grew by 7.2%. More imp

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