Indian Economy

INDIA’S MILLET REVOLUTION

The Food and Agriculture Organization of the United Nations (FAO) has declared 2023 as the International Year of Millets. Millets have special nutritive properties (they are high in protein, dietary fibre, micronutrients and antioxidants) and special agronomic characteristics (drought-resistant and suitable for semi-arid regions). If millets are good for nutrition …

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REVISIT THE TAX TREATMENT OF TOBACCO PRODUCTS

Adam Smith, in his famous work The Wealth of Nations, argued that commodities such as sugar, rum and tobacco, though not necessary for life, are widely consumed, and thus good candidates for taxation. Research in India and around the world supports the use of taxes to regulate tobacco consumption. However, …

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NREGA REFORMS

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is no stranger to reform. In fact, the zeal with which reforms are introduced often outpaces the capacity to adapt. Every time the administrative system gets back on its feet after a reform move, it is hit by another. Poorer States …

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SEBI’S SCRUTINY ON ADANI GROUP TRANSACTIONS

India’s market regulator has increased scrutiny of deals by the Adani Group over the past year and will study a report by short-seller Hindenburg Research to add to its own ongoing initial investigation into the group’s foreign portfolio investors, as per two sources aware of the matter. On Wednesday, the …

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KASHMIR’S PASHMINA SHAWLS

Kashmir’s famed pashmina shawls, known for centuries for their intricate buta or paisley patterns, got a French touch this week. Artist Maximilien Pellet turned the fabric into a canvas for contemporary art forms at a Parisian exhibition, in a rare bid to cater to Western sensibilities. Mujtaba Qadri, owner of the label …

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INDIA’S GROUNDWATER GOVERNANCE

Data show that India, with nearly 18% of the world’s population, occupies about 2.4% of the total geographical area and consumes 4% of total water resources. A World Bank report says that India is the largest groundwater user. A rapidly growing economy and population are straining the country’s groundwater resources. …

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