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Sliding GST collections may put pressure on government -Gireesh Chandra Prasad

-Livemint.com GST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November New Delhi: Things don’t augur well for the exchequer, with recent GST rate cuts and a lenient implementation of the goods and services tax causing collections to slide further in December, posing a challenge to the government. Total GST collection of the central...

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The rise and fall of the WTO -C Rammanohar Reddy

-The Hindu As the U.S. loses interest in multilateralism in trade, India should actively try to arrest the organisation’s slide Less than 25 years after the World Trade Organisation (WTO) was created, its future as a body overseeing multilateral trade rules is in doubt. The failure of the recent ministerial meeting at Buenos Aires is only symptomatic of a decline in its importance. Too ambitious? When the WTO was born in 1995, replacing the...

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Centre to dole out Rs 10,000 crore incentive for municipal reforms -Dipak K Dash

-The Times of India NEW DELHI: The Centre will dole out the biggest ever incentive of Rs 10,000 crore to municipalities and states in the next two years to push urban reforms. The housing ministry has put up the proposal before the Cabinet for approval. The ministry had introduced parameters for competition among states and municipalities last year and Rs 900 crore in incentives was disbursed based on their performance for two...

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FRDI Bill: Depositors' money safer than ever, says Arun Jaitley -Avishek G Dastidar

-PTI FRDI Bill: Jaitley says no need to create fear psychosis, government will consider what panel recommends The Money of all depositors in public-sector banks will be protected and the level of protection will be “much higher than the level which existed till today,” Finance Minister Arun Jaitley told Lok Sabha Thursday. Talking about the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 during his reply to the debate on Supplementary...

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A toolkit to think local -Soumya Swaminathan & Lalit Dandona

-The Hindu The findings of the India State-Level Disease Burden Initiative will aid in decentralised health planning Policymakers in India need reliable disease burden data at subnational levels. Planning based on local trends can improve the health of populations more effectively. Till now, a comprehensive assessment of the diseases causing the most premature deaths and ill health in each State, the risk factors responsible for this burden and their time trends have...

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