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<p style="text-align:justify"><em>In continuation of its pro-corporate and anti-poor tax policy, the Centre imposes tax on the common man battling hunger and inflation while sparing corporates making windfall gains and record profits</em></p>
<p style="text-align:justify">In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax on oil exports on July 19th – 19 days after it was imposed – with effect from July 20. This comes a day after a 5% GST was imposed, on July 18, on pre-packaged unbranded food items, like wheat, rice, curd, lassi, puffed rice, mutton and fish, which directly impact the poor fighting high inflation, chronic job crisis and hunger.</p>
<p style="text-align:justify">In June, the CPI inflation was 7.1% – higher than 6%, the upper band of RBI’s tolerance brand – and it is expected to remain above 6% for the entire FY23. The WPI inflation was 15.2% in June; it has been in double-digit for close to two years. In June, business portal CMIE reported a massive fall in employment, by 13 million (from 404 million in May to 390 million) with the labour force participation rate (LFPR) shrinking to its lowest level at 38.8%. India’s rank in the Global Hunger Index has fallen to 101, out of 116 countries – below that of Nepal, Pakistan, Myanmar, Bangladesh, and even Rwanda – indicating how impoverishment is growing.</p>
<p style="text-align:justify">Please <a href="https://www.cenfa.org/windfall-tax-on-corporations-goes-as-5-gst-on-food-items-kicks-in/?fbclid=IwAR0xurOlKDoslWPiGL3SheIptZfAK7_wZasYX5zbGqtcpaLz8W3a4922UYo">click here</a> to read more. </p>
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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LATEST NEWS UPDATES | Windfall tax on corporations goes as 5% GST on food items kicks in -Prasanna Mohanty </title>
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In continuation of its pro-corporate and anti-poor tax policy, the Centre imposes tax on the common man battling hunger and inflation while sparing corporates making windfall gains and record profits
In keeping with its anti-people and pro-corporate tax policy, the Central..."/>
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In continuation of its pro-corporate and anti-poor tax policy, the Centre imposes tax on the common man battling hunger and inflation while sparing corporates making windfall gains and record profits
In keeping with its anti-people and pro-corporate tax policy, the Central..." />
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<a href="https://im4change.in/latest-news-updates/windfall-tax-on-corporations-goes-as-5-gst-on-food-items-kicks-in-prasanna-mohanty.html" target="_blank">Windfall tax on corporations goes as 5% GST on food items kicks in -Prasanna Mohanty</a>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-Cenfa.org
In continuation of its pro-corporate and anti-poor tax policy, the Centre imposes tax on the common man battling hunger and inflation while sparing corporates making windfall gains and record profits
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax...</p>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-Down to Earth
Police stop farmers from using tube wells to irrigate their fields
India’s largest state, Uttar Pradesh, appears headed for a drought. Seventy-two of its 75 districts (96 per cent) recorded ‘below normal’ rainfall till July 20, 2022, according to India Meteorological Department (IMD)...</p>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The New Indian Express
Students of Classes 1-8 of all dists to get these for 46 days in a year
BENGALURU: The Karnataka Department of School Education and Literacy announced that eggs, bananas or peanut chikkis (supplementary nutrition) would be included in the midday meal scheme as...</p>
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<a href="https://im4change.in/latest-news-updates/rediscover-the-ragi-diptimayee-jena-and-srijit-mishra.html" target="_blank"><strong style="" >Rediscover the ragi -Diptimayee Jena and Srijit Mishra </strong></a>
<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
The Intergovernmental Panel on Climate Change has pointed out weather variations, global warming, and water scarcity can adversely affect food production
Climate change and the agrarian crisis are intertwined. They are manifest in the threat to food and nutritional security. These challenges have been further...</p>
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<a href="https://im4change.in/latest-news-updates/the-cost-of-misrepresenting-inflation-pulapre-balakrishnan-and-m-parameswaran.html" target="_blank"><strong style="" >The cost of misrepresenting inflation -Pulapre Balakrishnan and M Parameswaran</strong></a>
<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The Hindu
The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged
Globally, inflation is now the prime concern of governments, even as there is a speculation that a recession may not be far behind. In India, though, government agencies regularly announce that the...</p>
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<a href="https://im4change.in/latest-news-updates/windfall-tax-on-corporations-goes-as-5-gst-on-food-items-kicks-in-prasanna-mohanty.html" target="_blank">Windfall tax on corporations goes as 5% GST on food items kicks in -Prasanna Mohanty</a>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-Cenfa.org
In continuation of its pro-corporate and anti-poor tax policy, the Centre imposes tax on the common man battling hunger and inflation while sparing corporates making windfall gains and record profits
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax...</p>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-Down to Earth
Police stop farmers from using tube wells to irrigate their fields
India’s largest state, Uttar Pradesh, appears headed for a drought. Seventy-two of its 75 districts (96 per cent) recorded ‘below normal’ rainfall till July 20, 2022, according to India Meteorological Department (IMD)...</p>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The New Indian Express
Students of Classes 1-8 of all dists to get these for 46 days in a year
BENGALURU: The Karnataka Department of School Education and Literacy announced that eggs, bananas or peanut chikkis (supplementary nutrition) would be included in the midday meal scheme as...</p>
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<a href="https://im4change.in/latest-news-updates/rediscover-the-ragi-diptimayee-jena-and-srijit-mishra.html" target="_blank"><strong style="" >Rediscover the ragi -Diptimayee Jena and Srijit Mishra </strong></a>
<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
The Intergovernmental Panel on Climate Change has pointed out weather variations, global warming, and water scarcity can adversely affect food production
Climate change and the agrarian crisis are intertwined. They are manifest in the threat to food and nutritional security. These challenges have been further...</p>
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<a href="https://im4change.in/latest-news-updates/the-cost-of-misrepresenting-inflation-pulapre-balakrishnan-and-m-parameswaran.html" target="_blank"><strong style="" >The cost of misrepresenting inflation -Pulapre Balakrishnan and M Parameswaran</strong></a>
<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The Hindu
The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged
Globally, inflation is now the prime concern of governments, even as there is a speculation that a recession may not be far behind. In India, though, government agencies regularly announce that the...</p>
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<a href="https://im4change.in/latest-news-updates/windfall-tax-on-corporations-goes-as-5-gst-on-food-items-kicks-in-prasanna-mohanty.html" target="_blank">Windfall tax on corporations goes as 5% GST on food items kicks in -Prasanna Mohanty</a>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-Cenfa.org
In continuation of its pro-corporate and anti-poor tax policy, the Centre imposes tax on the common man battling hunger and inflation while sparing corporates making windfall gains and record profits
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax...</p>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-Down to Earth
Police stop farmers from using tube wells to irrigate their fields
India’s largest state, Uttar Pradesh, appears headed for a drought. Seventy-two of its 75 districts (96 per cent) recorded ‘below normal’ rainfall till July 20, 2022, according to India Meteorological Department (IMD)...</p>
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<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The New Indian Express
Students of Classes 1-8 of all dists to get these for 46 days in a year
BENGALURU: The Karnataka Department of School Education and Literacy announced that eggs, bananas or peanut chikkis (supplementary nutrition) would be included in the midday meal scheme as...</p>
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<a href="https://im4change.in/latest-news-updates/rediscover-the-ragi-diptimayee-jena-and-srijit-mishra.html" target="_blank"><strong style="" >Rediscover the ragi -Diptimayee Jena and Srijit Mishra </strong></a>
<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The Telegraph
The Intergovernmental Panel on Climate Change has pointed out weather variations, global warming, and water scarcity can adversely affect food production
Climate change and the agrarian crisis are intertwined. They are manifest in the threat to food and nutritional security. These challenges have been further...</p>
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<a href="https://im4change.in/latest-news-updates/the-cost-of-misrepresenting-inflation-pulapre-balakrishnan-and-m-parameswaran.html" target="_blank"><strong style="" >The cost of misrepresenting inflation -Pulapre Balakrishnan and M Parameswaran</strong></a>
<br><small>July 21, 2022</small>
<p style="padding-top: 6px;">-The Hindu
The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged
Globally, inflation is now the prime concern of governments, even as there is a speculation that a recession may not be far behind. In India, though, government agencies regularly announce that the...</p>
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LATEST NEWS UPDATES | Windfall tax on corporations goes as 5% GST on food items kicks in -Prasanna Mohanty
-Cenfa.org
In continuation of its pro-corporate and anti-poor tax policy, the Centre imposes tax on the common man battling hunger and inflation while sparing corporates making windfall gains and record profits
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax...
-Down to Earth
Police stop farmers from using tube wells to irrigate their fields
India’s largest state, Uttar Pradesh, appears headed for a drought. Seventy-two of its 75 districts (96 per cent) recorded ‘below normal’ rainfall till July 20, 2022, according to India Meteorological Department (IMD)...
-The New Indian Express
Students of Classes 1-8 of all dists to get these for 46 days in a year
BENGALURU: The Karnataka Department of School Education and Literacy announced that eggs, bananas or peanut chikkis (supplementary nutrition) would be included in the midday meal scheme as...
-The Telegraph
The Intergovernmental Panel on Climate Change has pointed out weather variations, global warming, and water scarcity can adversely affect food production
Climate change and the agrarian crisis are intertwined. They are manifest in the threat to food and nutritional security. These challenges have been further...
-The Hindu
The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged
Globally, inflation is now the prime concern of governments, even as there is a speculation that a recession may not be far behind. In India, though, government agencies regularly announce that the...
