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Telecom to banking, most services to be costlier with GST -Sidhartha & Pankaj Doval

-The Times of India NEW DELHI: For some days now, several service providers — from insurance and banking to telecom and hotels — have been sending emailers to customers warning of a GST-driven increase in prices starting July 1. Alarmed and unconvinced, the revenue department in the finance ministry has roped in other ministries to impress upon industry to adjust input tax credit against possible increase in tax liability. The tax credit...

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How farm loan waivers can actually benefit the economy -Charan Singh

-The Financial Express The fastest-growing major economy of the world cannot ignore its farmers as there is a genuine need to help the farming sector which is suffering from stress on account of indebtedness. The banking industry is also not able to extend credit to those farmers who are in default. A loan waiver can help bankers to renew the loans, and farmers can use the borrowed money for production of...

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Bleeding banks need more than a bandage -Shachi Singh

-GoI Monitor The NPAs have risen to Rs 10 lakh crore and farm loans make a very small portion of it. Will the recent RBI actions help? THE RESERVE Bank of India (RBI) has decided to act against 12 big corporates responsible for 25 per cent of the Rs 10 lakh-crore non-performing assets (NPAs) in Indian banks. However, despite Supreme Court's order in 2015, the RBI has refused to make the list...

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Modi Government's Environment Policy Endorses Everything That Bodes Well for Business -Garima Maheshwari

-TheWire.in The government knows what it wants to achieve where the environment is concerned, even if it is at the cost of the protection of ecosystems, and people’s livelihood and well being. The last three years under the Modi government have seen the transformation of the environment from being a field of relative stability and inactivity, to functioning as an active instrument of capital accumulation. The sharp polarisation between extremely positive initiatives...

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The invisible women farmers -Mrinal Pande

-The Indian Express Agriculture cannot survive without them. But they are invisible in the current conversation on the agrarian crisis An ex-company executive-cum-economist turns to the anchor during a discussion on the farmers’ agitation. “Overpopulation is destroying the farming activity. There are simply too many mouths to feed and the farms are shrinking. We must look to the urban areas for creating new jobs,” he says. The man at the local paan...

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