-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...
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A Long Food Movement: Transforming Food Systems by 2045
-Press release by International Panel of Experts on Sustainable Food Systems dated 30th March, 2021 * New report sounds alarm on control of food tech, farming data, and corporate takeover of UN multilateral agencies. * Civil society and social movements can fight back, boosting post-pandemic resilience, slashing agriculture’s GHG emissions by 75%, and shifting $4 trillion to sustainable food and farming. The future planned by agribusiness giants could accelerate environmental breakdown and jeopardize...
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...
More »As the Rich Receive State Patronage, Modi Has Left the Poor to Be 'Atmanirbhar' -Ravi Joshi
-TheWire.in Under Modi, the state bears the losses of the rich, with tax concessions and state subsidies. But, working classes have to live through complete doing away of fertiliser subsidies, and petrol and diesel subsidies. Last year on May 12, in the peak of COVID -19-induced lockdown, when the poorest of the poor migrant workers were walking thousands of kilometres to their homes, Prime Minister Narendra Modi, with the insight of an...
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...
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