Most states now levy greater tax on petrol than the central government, without having to share the subsidy burden. After last week’s increase in prices, state sales tax/VAT on petrol is more than central excise in most cases. The central government levies a fixed excise duty of Rs 14.78 on every litre of petrol. But, states levy an ad valorem tax which, in absolute terms, increases with every price increase of...

A day after the steepest ever petrol price hike of Rs. 7.54 sparked protests by UPA allies and Opposition parties in several parts of the country on Thursday, there were strong indications that the government would cushion the blow for the common man. Petrol prices may come down by Rs. 3-4 a litre in the next few days as state governments readied plans to slash local taxes and oil companies...

On February 9, 2010, the then Minister of Environment and Forests, Government of India, Jairam Ramesh, imposed an indefinite moratorium on the introduction of Bt Brinjal in India. It is necessary and desirable to quote the order verbatim. It reads as follows: It is my duty to adopt a cautious, precautionary based approach and impose a moratorium on the release of Bt Brinjals till such time independent scientific studies establish, to...

Petition  seeks comprehensive policy on production, supply and sale of healthy, hygienic and natural milk The Supreme Court on May 9 sought a response from the apex food body, the Food Safety and Standards Authority of India (FSSAI), and the states regarding milk adulteration and production of synthetic milk. The three-judge bench sought their response on the public interest petition filed by Swami Achyutanand Tirth on behalf of the Swami Bhumanand...

The recent brouhaha following the release of the poverty headcount ratio has triggered heated discussions with regard to their reliability. While it is very clear that the completeness and the consistency of the statistics are not in question, what is being questioned is the possible fudging of the data to reduce the poverty line. The data has not been fudged, as has been brought out very clearly by many authors....