-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....
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How to get the weave right -Seema Bathla & Prateek Kukreja
-The Hindu The government must target labour market rigidities to maximise gainful employment in the textile sector. India’s textile and apparel industry is all set for an overhaul as the new National Textile Policy will soon be placed before the Cabinet for approval. The government has already accepted a Rs.60 billion special package for this sector with an aim to create 10 million new jobs in the next three years, attract investments...
More »Agro-forestry: Poplar’s popularity dip, no takers for PM Modi’s timber farming call -Anju Agnihotri Chaba & Raakhi Jagga
-The Indian Express Punjab’s farmers are losing interest in planting new trees, with prices halving from their peaks. Jalandhar/ Ludhiana: Sandeep Singh Randhawa grew paddy and wheat on his 65-acre land at Talwandi Lal Singh village in Gurdaspur district’s Batala tehsil. That was till the late eighties, when he first planted poplar on the edges of his field. The returns encouraged him to expand the area under these trees — each...
More »Chickpeas futures trading may face ban
-The Hindu States asked to exempt pulses from Value Added Tax and other local levies to control prices The government is considering banning futures trading in chana dal (brown chickpeas) and reducing import duty on sugar as part of its efforts to rein in inflation, according to a top official. Higher food prices, led by pulses and sugar, pushed wholesale price inflation into positive territory in April after 17 months of decline while...
More »Edible Spoons: Bakeys' Narayana Peesapathy scoops up accolades with his innovative idea -Anu Thomas
-The Economic Times What's on your plate may be good for you. But, what if the plate itself is nutritious? This is not light-headed talk from going too long without a meal, but an idea that sprouted in the mind of a groundwater researcher-turned-entrepreneur Narayana Peesapathy on a flight. As Peesapathy watched a man pick at his lunch with a cracker after he accidentally broke his plastic spoon, he wondered if...
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