-TheNewsMinute.com The scientists said that they have received partial funding and permission for implementing systematic surveillance of new variants of Coronavirus. Over 300 scientists from across India, including renowned names like Prof LS Shashidhara (Professor of Biology, IISER Pune and Ashoka University) and Prof Partha Majumder (National Science Chair, Government of India), have requested Prime Minister Narendra Modi to take steps to open access to various data in order to transparency in...
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Forest fires have become more frequent this year as compared to the past
Forest fires are not just confined to countries like the United States of America (California, 2020), Brazil (Amazon forest, 2019-2020) or Australia (2019-20); they happen every year across many states in India too. Media reports suggest that forest fires have taken place in the recent months in Odisha's Simlipal National Park, Uttarakhand and Himachal Pradesh, among other states. Forest fires have also been reported this year in Nagaland-Manipur border (Dzukou...
More »GST mop-up hits a record in March -Vikas Dhoot
-The Hindu The indirect tax collections were 27% higher than that in March 2020. The gross GST collections in March hit a record of ₹1,23,902 crore, the Union Finance Ministry said on Thursday. This is the sixth month in a row that GST revenues have remained above ₹1 lakh crore. “The GST collections for March have created a record; it has never been so high. We have crossed the record collections by a...
More »China may have become more prosperous in comparison to India in 2020, estimates new study
During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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