-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....
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Edible Spoons: Bakeys' Narayana Peesapathy scoops up accolades with his innovative idea -Anu Thomas
-The Economic Times What's on your plate may be good for you. But, what if the plate itself is nutritious? This is not light-headed talk from going too long without a meal, but an idea that sprouted in the mind of a groundwater researcher-turned-entrepreneur Narayana Peesapathy on a flight. As Peesapathy watched a man pick at his lunch with a cracker after he accidentally broke his plastic spoon, he wondered if...
More »India must fight US-WTO designs to block growth of solar energy -Raghu
-People’s Democracy In the last week of February, a panel set up by the WTO’s Dispute Settlement Body ruled against India on a complaint by the US in early 2013 that India’s Domestic Content Requirement (DCR) for some solar power projects violated WTO prohibitions on measures that result in “less favourable treatment” of international trade partners. The panel was ruling on an appeal by India in response to the original injunction...
More »How reforms killed Indian manufacturing -Ashok Parthasarathi
-The Hindu As the government pushes for ‘Make in India’, it could begin by unmaking the damage the post-1991 reforms inflicted on domestic industry. This year marks 25 years since the so-called “economic reforms” were launched in July 1991. By now, broad contours of the policies and practices that characterised such reforms are well known, viz. radical deregulation, marketisation and privatisation of the industrial, technological and financial sectors, and an across-the-board...
More »Textiles Ministry alleges large-scale import of cheap jute bags -Devesh K Pandey
-The Hindu Cheap imported bags are sold as Indian to government agencies for a higher procurement price. The Union Textiles Ministry has unearthed a major racket in large-scale import of cheap jute bags from Nepal and Bangladesh by Indian manufacturers, many of whom were supplying these to government agencies after putting their own seals. The Jute Packaging Materials (Compulsory Use in Packing Commodities) Act, 1987, mandates that jute bags supplied to government agencies...
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