-The Hindu The Centre is best positioned to raise additional resources to bridge the GST compensation gap Today is the crucial meeting of the Goods and Services Tax (GST) Council. It may not be an exaggeration to claim that today’s meeting could mark a milestone in the history of India’s fiscal federalism and shape the future of Centre-State relations. In 2017, the Centre made a promise to the States that a certain minimum...
More »SEARCH RESULT
Total Matching Records found : 936
New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »In ‘act of god’, coercive not cooperative federalism -Rajeev Gowda and Manpreet Singh Badal
-The Hindu In bridging the GST gap, the Centre ought to help States through the Consolidated Fund of India It is beyond anyone’s imagination that the Government of India would invoke the “Force Majeure” clause against its own people. Unfortunately, this has become reality at a time when every Indian State is massively burdened by the COVID-19 crisis and governance has been severely affected. Finance Minister Nirmala Sitharaman’s statement on Thursday that the...
More »Punjab to recover Rs 223.75 cr from 7 private sugar mills -Ruchika M Khanna and Rajmeet Singh
-The Tribune Subsidy given even when sugar rates soared after fall in 2015 Chandigarh: The Punjab Government today decided to recover Rs 223.75 crore from seven private sugar mills, most of them owned by politicians. This recovery is to be made as land revenue arrears for the largesse extended to them by the previous SAD-BJP government. A subsidy of Rs 50 per quintal on the State Advised Price (SAP) of Rs 280-Rs 295...
More »Shutdown of schools hits dairy and poultry farmers: Loss of mid-day meal market for milk and eggs -Harish Damodaran
-The Indian Express An example is the Karnataka government’s Ksheera Bhagya scheme, which offers free milk over and above the MDM food entitlement. The shutting down of schools due to Covid-19 is affecting not only children, now unable to access cooked nutritional food under the Mid Day Meal (MDM) scheme, but also farmers for whom it provided an assured market. An example is the Karnataka government’s Ksheera Bhagya scheme, which offers free milk...
More »
