-Newsclick.in Finance Minister Nirmala Sitharaman invoking ‘Act of God’ to deny states their promised Dues, not only violates an Act of Parliament but also defies economic logic. When the Goods and Services Tax (GST) was introduced, and states virtually gave up the power to levy indirect taxes which they had enjoyed under the Constitution, the Centre had solemnly promised that it would compensate them for five years for any revenue shortfall arising...
More »SEARCH RESULT
Total Matching Records found : 9078
TMC slams Centre for cancelling Question Hour in Parliament but does the same in Bengal -Indrajit Kundu
-IndiaToday.in The Mamata Banerjee-led West Bengal govt has decided to cancel the Question Hour during the upcoming state assembly session. Kolkata: The Trinamool Congress may have been on the warpath against the BJP over the Modi government's decision to cancel Question Hour during the upcoming Monsoon Session of Parliament, but its own government in West Bengal has followed exactly the same path-to cancel the Question Hour. Speaker of West Bengal Legislative Assembly Biman...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »Is MGNREGA in danger of running aground because of insufficient allocations in the COVID-19 pandemic? -Debmalya Nandy
-Gaon Connection As against the current allocation of Rs 101,500 crore towards MGNREGA this financial year, there is a need for an additional allocation of Rs 100,000 crore towards the programme to meet the work demands of rural population. As of August 24, the Government of India is left with about Rs 45,000 crore for Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), and there are still seven months to go in...
More »India must aim for wider consumer base, direct public spending accordingly -Suvodeep Rakshit and Avijit Puri
-The Indian Express To achieve economic growth of 7-8 per cent, the government needs to start addressing some of the traditional sore points such as the large infrastructure deficit, the weak financial sector, archaic land and labour laws, and the administrative and judicial hurdles. India entered the pandemic with declining growth and limited scope for a conventional and large fiscal stimulus. We had noted in an article (IE, January 20, ‘Limited scope...
More »
