07-03-2017

the hindu
1.Cracking the GDP mystery.

The CSO has been consistent with its methods, allowing little room for suspicion of window dressing

Did demonetisation deal a knock-out punch to the Indian economy? Or was it just a mild tap from which it is already recovering?

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2.Last mile concerns.

More than six months after the Constitution was amended to enable the Goods and Services Tax (GST), the Centre and States have managed to find considerable common ground on the long-debated indirect tax system, read more

3.The Tawang test.

China’s statement that it is “gravely concerned” over the government’s decision to allow the Dalai Lama to visit Arunachal Pradesh’s Tawang monastery in early April, and that it would “seriously damage” bilateral ties, read more

4.All those who are out of the tax net.

Of nearly 127 crore Indians, only 2.6 crore pay income tax. The fact that less than 3% of Indians pay income tax is automatically construed to imply that a large majority avoid paying income tax. The Finance Minister,  read more

5.Cost of Internet shutdown.

Digital India can be a blessing or a curse depending on how we carry our democratic values into this new age

Digital India is now a reality. Demonetisation has reminded us of the state’s power over essential facilities in the economy and society, while the push towards a cashless India demonstrates the necessity of the mobile Internet for the economy. Family life and human relations in business processes,

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6.Reforming funding of polls and parties.

Election finance reform has once again bobbed up to the surface of public consciousness with debates on black money and the Budget proposal to cap anonymous cash donations to political parties.  read more

7.Polluted environment kills 1.7 million children a year.

WHO report says harmful exposure can start in the womb

A quarter of all global deaths of children under five are due to unhealthy or polluted environments, including dirty water and air, second-hand smoke and a lack or adequate hygiene, the World Health Organization (WHO) said on Monday.

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tio
1. Shots heard round the World
The West is growing increasingly hostile to the flexible identity of Indian migrants
Those who grew up in India in the pre-internet days of the 1970s and 80s would remember how difficult it was to stay in touch with friends and family living abroad. If you needed to urgently contact your uncle in the US or UK, you had to book an ISD call, depend on often unpredictable telephone lines and sometimes moody telephone operators to put you through after a couple of hours of waiting in front of a black, bulky phone, tethered to a corner in the house. And the operator would sternly interject every three minutes to let you know that the meter was running, forcing you to hurriedly end the conversation.

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2. India working on `farm-to-port' project keeping UAE in mind.
`No Haven For Fugitives In Each Other’s Territory’
In response to the UAE addressing India’s energy security needs, India and the Emirates are drawing up ambitious plans for India to underwrite some of UAE’s food security interests.

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tie
1.Adhaar: Whose target is it anyway.

In 2015, the Supreme Court reiterated that the universal identity document or Adhaar would not be mandatory to access entitlements.  read more

2.Joining hands for a strong border.

After 9/11, the major administrative reform in the US was the merger of the Immigration and Customs department. Different functions and jurisdictions of several border and revenue enforcement agencies were consolidated into the US Immigration and Customs Enforcement. Recently, the Australian government also merged both the Immigration and Customs departments and created a new agency called Australian Border Force.  read more

3.The Trust deficit widens.

India and China seem headed for another spat over the proposed April 4-13 visit of the Dalai Lama to Arunachal Pradesh, with Beijing warning that the Tibetan leader’s trip would cause ‘serious damage’ to India-China ties, already suffering from a major trust deficit.  read more

4.Government to change base year for IIP, WPI.

BENGALURU : The government is likely to change the base year for calculating the Index of Industrial Production (IIP) and the Wholesale Price Index (WPI) to 2011-12. Currently, IIP and WPI take 2004-05 as base year, while the GDP and Consumer Price Index data are calculated using the base year of 2011-12. Using the same base year of 2011-12 for all macroeconomic data indicators will ensure that accuracy is maintained in the mapping of economic activity.  read more

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