-The Hindu Issues such as levy on warehousing, agri-project imports pose a challenge With the introduction of Goods and Services Tax (GST) — India’s biggest reform in the tax structure — the government has succeeded in moving a step closer towards making the country a unified common market, leading the nation’s economy towards growth and sustainability. India’s fast-moving consumer goods (FMCG) sector has grown consistently over the past three years, reaching over...
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Traders, MSMEs saw 3.5 mn job losses due to note ban, GST, other factors -TE Narasimhan & Gireesh Babu
-Business Standard Among various solutions, AIMO pushed for the supply of raw materials such as steel and aluminium to MSMEs at a lower subsidised cost Chennai: The TMSME (Traders, micro, small and medium enterprises) sector has seen a loss of around 3.5 million jobs in the past 4.5 years, according to a survey conducted by the All India Manufacturers Organisation (AIMO). Demonetisation and the goods and services tax (GST) are the main...
More »A tale of two States: the differing politics of rural Madhya Pradesh and Rajasthan -Vikas Pathak
-The Hindu With farm distress becoming a major electoral issue in the run-up to the 2019 Lok Sabha election, Vikas Pathak visits two pockets of rural India, Mandsaur in Madhya Pradesh and Jodhpur district in Rajasthan, and finds that the political instincts of the rural voter are not necessarily rooted in agriculture. A few farmers sit huddled near a statue of Sardar Patel at Balaguda village in Mandsaur, Madhya Pradesh pouring out...
More »Rajasthan's Unorganised Gems and Jewellery Industry May Want to Punish BJP -Shruti Jain
-TheWire.in Several people who worked in the industry say demonetisation and the GST crippled their business. Jaipur: However much the Bhartiya Janta Party (BJP) may wish to overlook the impact of demonetisation and the Goods and Services Tax on the unorganised gems and jewellery sector in Rajasthan, the workers and households who bore the brunt of the twin economic policies are resolute in their decision to vote the BJP out of power. The...
More »Recalculating GDP figures isn't wrong, it's strange. Let CSO explain this -Ashok V Desai
-The Economic Times The NDA government has been a pioneer a number of times. Demonetisation and the goods and services tax (GST) are only its bestknown antics. Now it has taken the lead in politicising national income statistics. Normally, the Central Statistical Office (CSO) issues a press note every quarter, giving figures of national income and its components for the previous quarter. The figures do not make headlines. The common man has...
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