-The Hindu Minister for Communications justifies imposition of Internet blockade in Jammu and Kashmir New Delhi: Minister for Communications Ravi Shankar Prasad on Thursday justified the imposition of Internet blockade in Jammu and Kashmir by stating that national security trumped over the right to use the Internet and the blockade would be reviewed periodically based on the law and order situation in the region. Mr. Prasad, who was answering a question in the...
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Is the Indian economy staring at stagflation? -Prashanth Perumal J
-The Hindu Why is the scenario of rising prices and falling growth a cause for worry? Can the government or the Reserve Bank of India do anything? The story so far: The rise in retail price inflation to a nearly six-year high of 7.35% in December has led to increasing worries that the Indian economy may be headed towards stagflation. The current rise in retail inflation has been attributed mainly to the...
More »States stare at over Rs.1 lakh crore revenue gap post withdrawal of GST compensation
-PTI At the time of implementation of the Goods and Services Tax on July 1, 2017, the Centre had promised to compensate states for loss of revenue for five years at an agreed formula States might be facing a consolidated revenue gap of up to Rs.1.23 lakh crore on account of withdrawal of compensation after the five-year GST transition period ends on June 30, 2022, says a report by economic think tank...
More »Internet shutdowns lead to losses of Rs.2.45 crore per hour: Telcos
-The Hindu Business Line Switching off internet services as per government orders hurts dependent businesses to the tune of Rs. 2.45 crore per hour, according to Telecom companies. A telecom industry association representative said, “It is estimated that the loss has increased to Rs. 2.45 crore per hour by the end of 2019 as the dependence of various services on internet has significantly increased.” Telecom companies have to abide by the government orders...
More »Seed industry proposes changes in Seed Bill 2019
-The Hindu Business Line The National Seed Association of India (NSAI), which represents top seed companies in the country, on Wednesday suggested some changes in the proposed Seed Bill 2019, including a more scientific definition of transgenic variety, enhanced farmer rights on seeds and enlisting the services of private firms for evaluating new varieties before seed registration. In letters written to Indian Council of Agricultural Research - Director General (ICAR) Trilochan Mahapatra...
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