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Central excise duty on petrol and diesel cut, says FM Nirmala Sitharaman -Vikas Dhoot

-The Hindu The measures included a ₹8 reduction in central excise duty per litre of petrol and a ₹6 cut in the duty on diesel. Finance Minister Nirmala Sitharaman unveiled a slew of measures to rein in runaway inflation on Saturday evening, including duty cuts on petroleum products, a ₹200 subsidy on LPG cylinders for the poor and a rejig of import duties on plastic and steel products. A reduction in central excise...

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UN agency in talks with India on wheat procurement amid Ukraine war

-PTI/ The Hindu World Food Programme report talks of a three-dimensional crisis — food, energy and Finance The United Nations’ World Food Programme (WFP) has said that it is in discussions with India on procurement of wheat as several countries face food security challenges amid the Ukraine war. “We are in discussions with India on procurement of wheat. So, that is something which is ongoing,” the WFP’s Chief Economist Arif Husain said at...

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Dr. Gopal Krishna, law and policy researcher, and a member of the Citizens Forum for Civil Liberties, interviewed by Gursimran Kaur Bakshi (TheLeaflet.in)

-TheLeaftlet.in ‘Convergence of all sensitive databases is another unmet open constitutional challenge’, says law and policy researcher, Dr. Gopal Krishna THE Comptroller and Auditor General of India [CAG] published an audit report titled ‘Functioning of Unique Identification Authority of India’ on April 6, 2022. The Aadhaar project, established through the Unique Identification Authority of India [UIDAI] in January 2009, has generated more than 129.04 crore Aadhaars till the end of March 2021....

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Contrasting rules for farm, corporate loans -Devinder Sharma

-The Tribune While many of the big defaulters have escaped abroad, why is it invariably a farmer (or a small borrower) who is left to face ill-treatment and injustice in the loan recovery process? While the big defaulters are treated with kid gloves, farmers are always treated with a different yardstick, as if they are children of a lesser god. WHILE the Punjab State Cooperative Agricultural Development Bank (PADB) has issued arrest...

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Rs.78,704 crore due to States as GST recompense

-The Hindu Dues equal four months’ compensation, says Finance Ministry The Centre is yet to remit ₹78,704 crore in outstanding Goods and Services Tax (GST) compensation dues to States, equivalent to four months of compensation under the indirect tax regime introduced in July 2017, the Finance Ministry said on Wednesday, citing ‘inadequate balance in the fund’.   “The pending amount will also be released as and when amount from cess accrues in the...

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