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Don’t impose your will on states, Opposition tells govt in RS

-The Telegraph Remember West Bengal, Punjab, Telangana, Andhra Pradesh, Kerala, Jharkhand, Chhattisgarh and Rajasthan rejected you, says TMC MP Derek O’Brien The Opposition attacked the government in the Rajya Sabha on Saturday, accusing it of crossing constitutional boundaries, interfering in the affairs of states, failing to control private hospitals during the coronavirus crisis, and being unable to protect migrant labourers and the poor. Participating in a debate on The Epidemic Diseases (Amendment) Bill,...

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India should opt for income support so that pandemic does not turn into a financial crisis -Jahangir Aziz

-The Indian Express What is needed is ample income support for households and firms now so that the recovery is not hamstrung by excessively damaged balance sheets Even a cursory reading of Brazil’s recent history will confirm that the adoption of the all-encompassing cap on government spending in late 2016 was critical in rescuing the economy from the crisis of 2014-16. After riding the commodity boom of the 2000s, economic mismanagement and a...

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Why Centre’s Stance on GST Compensation is Utterly Bizarre -Prabhat Patnaik

-Newsclick.in Finance Minister Nirmala Sitharaman invoking ‘Act of God’ to deny states their promised dues, not only violates an Act of Parliament but also defies economic logic. When the Goods and Services Tax (GST) was introduced, and states virtually gave up the power to levy indirect taxes which they had enjoyed under the Constitution, the Centre had solemnly promised that it would compensate them for five years for any revenue shortfall arising...

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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....

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Legal and civil society luminaries issue statement on judgment against Prashant Bhushan

-The Hindu Several legal and civil society luminaries have issued a statement against the judgment against Prashant Bhushan in a contempt of court matter. Here is the full text of the statement and full list of signatories: Statement relating to the judgment against Prashant Bhushan in the contempt of court matter August 17, 2020 We, the undersigned citizens of the country, express anguish and disappointment at the verdict of the Hon’ble Supreme Court finding...

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