-Livemint.com GST is one of the most complex with the second highest tax rate in the world among a sample of 115 countries which have a similar indirect tax system, says the World Bank The goods and services tax (GST) implemented by the Narendra Modi government from 1 July last year is one of the most complex with the second highest tax rate in the world among a sample of 115 countries...
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NITI Aayog begins discussions on MSP model; comes out with 3 options
-The Hindu Business Line To be finalised by the end of this month New Delhi: The NITI-Aayog has initiated discussions on putting in place a system to fix minimum support price (MSP) for different crops. A consultation meeting to discuss various options was held on Friday chaired by the NITI-Aayog Vice-Chairman Rajiv Kumar. The move comes following an announcement in the Budget by Finance Minister Arun Jaitley that the Aayog will work with States...
More »Jaitley rules out privatisation of public sector banks
-PTI Finance Minister Arun Jaitley today ruled out privatisation of public sector banks as a response to the Rs 11,400-crore fraud hitting Punjab National Bank, saying the move may not be politically acceptable. Speaking at an event, he said a lot of people have started talking of privatisation in the aftermath of the PNB fraud. “This (privatisation) involves a large political consensus. Also, that involves an amendment to the law (Banking Regulation...
More »From Plate To Plough: A vision coloured green -Ashok Gulati & Ritika Juneja
-The Indian Express Operation Greens must build forward and backward linkages between farmers and markets. It can learn from Operation Flood. The finance minister announced Operation Greens, on the lines of Operation Flood, with a seed capital of Rs 500 crore in his speech on February 1. Three days later, the Prime Minister backed the scheme at a parivartan rally in Bengaluru. He said farmers are his TOP priority — T is...
More »Job Creation in Organised Sector Dipped by 65% in April-June 2017 -Somesh Jha
-TheWire.in New Delhi: The pace of job creation in the organised sector fell sharply during April-June 2017 to a three-quarter low due to significant job losses in manufacturing, latest official estimates show. The number of new jobs created declined by around 65% to 64,000 in April-June 2017 from 185,000 in January-March 2017, according to the Labour Bureau’s quarterly report on employment. Job creation during April-June was even lower than the 77,000 reported...
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