-Firstpost.com Most experts agree that Centre has fixed current price of COVID-19 vaccine at Rs 250 only after factoring in the reduced expenses of the two companies, large volume of orders they are to get, affordability of the masses and the major hurdle of vaccine hesitancy it faces The COVID-19 vaccination drive is in full swing. The Centre had recently announced that both COVISHIELD and COVAXIN will be administered free of cost...
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The return of puzzling numbers for India’s GDP growth -Pranjul Bhandari
-Livemint.com The Centre’s plan to pay off food subsidy arrears is likely to distort our GDP readings for multiple years A puzzle of sorts has arisen—again—in India’s official gross domestic product (GDP) estimates. They don’t meet the smell test. Back in 2015, the Central Statistics Office’s practice of using ‘single deflation’ instead of ‘double deflation’ during a period of falling commodity prices had distorted growth prints, as per our analysis. This time, too,...
More »Bharat Bandh on Feb 26: Commercial markets to remain shut tomorrow -Poulomi Ghosh
-Hindustan Times As a transporter body has supported the strike on the issue of fuel price hike, E-way bill rules, 40 lakh trucks will remain off the road on Friday. Traders' body The Confederation of All India Traders have called for a Bharat Bandh on Friday protesting against the rising fuel prices, Goods and Services Tax, E-Bill etc. All India Transporters Welfare Association (AITWA) has extended support to the call for Bharat...
More »Petrol, diesel price hike: RBI governor calls for reduced indirect taxes on fuel -Anulekha Ray
-Livemint.com * Central and state taxes make up for 60% of the retail selling price of petrol and over 54% of diesel * On 20 February, petrol price was hiked by record 39 paise per litre and diesel by 37 paise a litre Reserve Bank of India governor Shaktikanta Das called for reduced indirect taxes on petrol and diesel to contain the fuel prices at a reasonable level. Petrol and diesel prices in...
More »Quixplained: Why are prices of petrol and diesel rising in India?
-The Indian Express Fuel prices vary from state to state and taxes are levied on them by both central as well as the state governments. So, why are the prices of petrol and diesel rising in India? Take a look The retail price of regular petrol hit a three-figure mark for the first time across the country after it was hiked by 26 paise to Rs 100.13 a litre in Rajasthan’s Sri...
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