-TheWire.in While Nepal is still awaiting a way to return the banned notes, Bhutan has curbed the use of the new high-denomination notes. New Delhi: When Prime Minister Narendra Modi announced that India would demonetise over 80% of its bank notes on November 8, 2016, two neighbouring nations were also taken by surprise. Nepal and Bhutan both have significant reserves and usage of Indian currency, with the latter giving it the status of...
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India's Livestock Markets Have Historically Been Marked By Mobility and Cross-Country Transactions -Himanshu Upadhyaya
-TheWire.in Legislative action that primarily looks at cattle mobility as ‘acts of smuggling cattle out of state for slaughter’ is deeply misguided and betrays a misunderstanding of how India’s cattle have been bought and sold since the British Raj. Like many poorly drafted laws, the recently notified Livestock Markets (Regulation) Rules is so pre-occupied with its self-righteousness that it fails to realise the harm that it would cause. If the colonial era’s...
More »All you need to know about GST
-Livemint.com Here are some FAQs about the Goods and Services Tax (GST) slated for rollout on 1 July What is GST? Goods and Services Tax (GST) is a value-added tax at each stage of the supply of goods and services precisely on the amount of value addition achieved. It seeks to eliminate inefficiencies in the tax system that result in ‘tax on tax’, known as cascading of taxes. GST is a destination-based...
More »A year after drought, Latur makes comeback as major foodgrain market -Abhiram Ghadyalpatil
-Livemint.com Last year’s abundant rains in drought-prone Marathwada region, of which Latur is a part, have helped farmers produce record amount of pulses Mumbai: Latur is back on its feet and its pulse mills are running again, a year after an acute drought. The dry bed of the Manjra river, the water train from Sangli and the once ubiquitous water tankers have become things of the past. Last year’s abundant rains in Marathwada—a...
More »Tricks of a trade -Divya Trivedi
-Frontline Cattle traders see a nexus between cow vigilantes and animal rights organisations in Delhi, where vigilantes unleashed violence in April. In the past year, 40,000 animals seized by them were not returned to the owners, and traders believe that they were sold. A PLANNED and brutal assault on cattle traders in Kalkaji in Delhi on April 22 by a mob of gau rakshaks (cow protectors) has brought to the fore...
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