-The Indian Express The authority will have the power to cancel registration of any entity or business if it fails to pass on the benefit of lower taxes under the GST regime to consumers. New Delhi: THE UNION Cabinet on Thursday approved the setting up of a National Anti-Profiteering Authority, a body with an overarching mandate to ensure that the reduction in tax rates under the new Goods and Services Tax (GST)...
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The end of secession: Why the elite withdrawal from public services is coming to an end -Rohini Nilekani
-The Times of India blog With the approaching winter the air quality in many Indian cities, especially in Delhi, becomes a public health hazard. Something so fundamental as breathing easy can no longer be taken for granted. It’s a wake-up call worthy of a civic revolution. For decades now those who could afford it (very much including this writer), have seceded from public services. The Indian elite send their children to expensive...
More »Jean Dreze, development economist, interviewed by Ankita Virmani (Firstpost.com)
-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...
More »Gujarat model: The gleam of state's high growth numbers hides dark reality of poverty, inequality -Maitreesh Ghatak
-Scroll.in An analysis of data shows that the Gujarat model is a bubble waiting to burst. The Gujarat economy continues to be an enigma. In 2014, many considered the state’s economic performance nothing short of miraculous and credited it to the magic touch of Narendra Modi, then the four-term chief minister of the state. This even led to the coinage of a new term: Modinomics. Three years later, as Gujarat heads...
More »India's new wetland rules threaten to destroy 65% of its water bodies rather than protect them -Nityanand Jayaraman
-Scroll.in Notified in September, the rules will facilitate the development of wetlands as real estate, industrial sites and garbage dump After ignoring repeated directions from the Supreme Court to notify stricter rules to protect the country’s wetlands, the Ministry of Environment, Forests and Climate Change has gone and done just the opposite. On September 26, it published the Wetlands (Conservation & Management) Rules, 2017 – replacing the older rules dating back to...
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