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As the Rich Receive State Patronage, Modi Has Left the Poor to Be 'Atmanirbhar' -Ravi Joshi

-TheWire.in Under Modi, the state bears the losses of the rich, with tax concessions and state subsidies. But, working classes have to live through complete doing away of fertiliser subsidies, and Petrol and diesel subsidies. Last year on May 12, in the peak of COVID -19-induced lockdown, when the poorest of the poor migrant workers were walking thousands of kilometres to their homes, Prime Minister Narendra Modi, with the insight of an...

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India score in QS subject ranking: 25 programmes, 12 institutes in top 100

-The Indian Express The four new universities/ institutes in the top 100 subject rankings are: IIT-Guwahati (for Petroleum engineering), Jawaharlal Nehru University (anthropology), Anna University (Petroleum engineering), and O P Jindal Global University (law). TWENTY-FIVE PROGRAMMES — mostly in engineering — offered by higher education institutions in India rank among the top 100 in the world in their respective subject categories, according to the latest edition of the QS World University Rankings...

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A changing fiscal framework -Dipankar Dasgupta

-The Hindu The government’s announced fiscal policy stance and the fiscal regime it is running seem contradictory There used to be a time — and this was well before India began to globalise — when each Union Budget announced sales tax increases on tobacco products, especially cigarettes. The demand for cigarettes being somewhat inelastic, the rise in tax was expected to be a shot in the arm for the revenue-starved government of...

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Petrol, diesel price hike: RBI governor calls for reduced indirect taxes on fuel -Anulekha Ray

-Livemint.com * Central and state taxes make up for 60% of the retail selling price of Petrol and over 54% of diesel * On 20 February, Petrol price was hiked by record 39 paise per litre and diesel by 37 paise a litre Reserve Bank of India governor Shaktikanta Das called for reduced indirect taxes on Petrol and diesel to contain the fuel prices at a reasonable level. Petrol and diesel prices in...

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Quixplained: Why are prices of Petrol and diesel rising in India?

-The Indian Express Fuel prices vary from state to state and taxes are levied on them by both central as well as the state governments. So, why are the prices of Petrol and diesel rising in India? Take a look The retail price of regular Petrol hit a three-figure mark for the first time across the country after it was hiked by 26 paise to Rs 100.13 a litre in Rajasthan’s Sri...

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