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Small firms flounder Post demonetisation, on GST: RBI study

-The Indian Express The RBI which studied the results of 2,726 non-government and non-financial companies said the overall EBIDTA of these corporate showed a 0.2 per cent increase. However, net profit declined by 6.9 per cent even as sales improved by 7.2 per cent. Mumbai: Small companies are finding the going tough with sales and profits taking a big beating in the wake of demonetisation and implementation of Goods and Services Tax (GST)....

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Herd Mentality -Himanshu Upadhyaya

-CaravanMagazine.in How political rhetoric has drowned out the economic realities of cattle-slaughter bans In mid August, news broke that more than 200 cows had starved to death in a shelter in Chhattisgarh owned by a Bharatiya Janata Party leader named Harish Verma. After the reports appeared, Verma protested that he had not received funds that the government had promised him for the shelter. But the irony could not have been starker. The BJP...

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I need to speak up now -Yashwant Sinha

-The Indian Express The economy is on a downward spiral, is poised for a hard landing. Many in the BJP know it but do not say it out of fear I shall be failing in my national duty if I did not speak up even now against the mess the finance minister has made of the economy. I am also convinced that what I am going to say reflects the sentiments...

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Not Doing Away With Hot Meals For Children Under ICDS, Centre Clarifies -Anoo Bhuyan

-TheWire.in This comes after Maneka Gandhi recently said the government was considering moving from food transfers to cash transfers. New Delhi: The Ministry of Women and Child Development has said there is no plan of replacing hot cooked meals, which the government currently provides to children between the ages of three and six years, by either uncooked food such as ‘nutrient packets’, ready-to-cook food or cash. “There has been a lot of discussion...

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SC Directives on Police Reforms Rejected, Ignored or Diluted by States -Gaurav Vivek Bhatnagar

-TheWire.in Eleven years after order, none of the states have conformed to the guidelines, says a Commonwealth Human Rights Initiative report. New Delhi: Eleven years ago, on this day, the Supreme Court had issued directions to the Centre and state governments to transform their police forces into professional, accountable and efficient service units. However, a recent report shows that compliance remains far from satisfactory with none of the governments enacting laws to...

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