-Outlook Banks are fleecing customers to shore up their profits and offset the dead weight of bad loans to corporates When the GST era dawned this month, online jokesters quipped that it was the most inscrutable thing after Duckworth Lewis. But paradoxically, it may have brought a disquieting clarity to another zone of universal experience. Amid the flurry of news reports detailing what would entail a higher tax of 18 per cent,...
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Asim Dasgupta, former Finance Minister of West Bengal, interviewed by AM Jigeesh (The Hindu Business Line)
-The Hindu Business Line Asim Dasgupta, who was Finance Minister of West Bengal for 24 years, was probably the only CPI(M) member who attended Saturday’s event at the Central Hall of Parliament, on the eve of the GST’s launch. In fact, Dasgupta was Chairman of the Empowered Group of State Finance Ministers which prepared the first formulation of GST laws in 2009. He spoke to BusinessLine on the new indirect tax regime,...
More »Indore man drives a crucial change in motoring law -Usha Rai
-The Hindu Business Line Vikram Agnihotri can drive a car with his feet Vikram Agnihotri, 47, of Indore has no hands but he drives a modified Maruti Celerio AGS (automatic gear shift); on September 30, 2016, he got his permanent driving licence from the Indore RTO. He has since driven over 22,000 km without an incident and is the chauffeur for his proud parents. His rare achievement will soon earn him an...
More »Protect farmers, don't target them -Vandana Shiva
-AsianAge.com Now farmers have started to awaken the nation to the farming crisis with strikes in Maharashtra and Madhya Pradesh. Indian civilisation is based on gratitude to our farmers and all beings who contribute to our food — annadata sukhibhava. Our traditional belief is “Uttam-kheti, madhyam-vyapar, neech-naukri”. The combination of the Green Revolution in Punjab imposed in the 1960s and the corporate globalisation “reforms” started in the 1990s have created policies for annadata...
More »No jobs? Let them eat... -Jayanta Roy Chowdhury
-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...
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