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GST’s ‘give-and-take’ attitude has dried up. India needs a system overhaul -TM Thomas Isaac

-ThePrint.in In 'The Working of the Indian Constitution', T.M. Thomas Isaac examines the functioning of GST to assess if its high expectations have been realised. The Goods and Service Tax (GST) Council has been hailed as a model federal institution, where both states and the centre are represented, and consensus is arrived through a detailed deliberative process. Until the 38th GST Council meeting in December 2019, there had not been a single...

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Govt to come out with second PLI scheme for textiles: Goyal -Dilasha Seth

-Livemint.com Move aims to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday COIMBATORE: The Union government is set to come out with a second production linked scheme (PLI) for the textiles sector, to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday. On possibility of extension...

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Trucks laden with wheat stuck on Bangladesh border -Soumya De Sarkar and Main Uddin Chisti

-The Telegraph Customs accused of blocking grain’s movement on premise of export bar Malda/ Cooch Behar: Hundreds of trucks laden with around four lakh tonnes of wheat meant for export to Bangladesh have been stuck at land ports in Bengal for at least three weeks as Customs authorities are allegedly refusing their onward journey. The exporters are worried that delay in the transportation of the wheat will cause them losses of crores of...

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Data: Rising Inflation & global factors could affect India’s food grain exports after record exports of Rice & Wheat in 2021-22 -Bharath Kancharla

-Factly.in The Government of India recently imposed restrictions on Wheat exports, in a bid to control rising food prices, ensuring domestic food security. However, this comes after India’s record exports of both Rice & Wheat in 2021-22 putting the export targets for 2022-23 in jeopardy. The Government of India recently imposed restrictions on Wheat exports. Among the reasons cited for the imposition of these restrictions are the controlling rising food prices, ensuring...

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India relaxes wheat export ban -Aparna Banerjea

-BusinessToday.in Allows wheat consignment already registered with Customs prior to the order. The Indian government on Tuesday announced some relaxation to its earlier notified ban on wheat exports issued by Directorate General of Foreign Trade (DGFT), Department of Commerce.  In a fresh notification, the Ministry of Commerce stated, "It has been decided that wherever wheat consignments have been handed over to Customs for examination and have been registered into their systems on or...

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