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Finance Ministry aims to set up anti-profiteering body by August -Surabhi

-The Hindu Business Line Firms seen to be largely cooperating New Delhi: To clear confusion over the new prices of items under the Goods and Services Tax, the Finance Ministry is working to set up a National Anti-Profiteering Authority to curb any unwarranted price hikes. “The process for selection of members and the Chairman will start soon. We are working to ensure that the authority can be set up by early next month,...

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Loan waiver: Debt-ridden farmers from Vidarbha, Marathwada top list of beneficiaries -Shubhangi Khapre

-The Indian Express As many as 11,46,768 farmers from Vidarbha and 10,83,932 from Marathwada will have their loans waived. Western Maharashtra, which is economically most prosperous, has a relatively lower number of beneficiaries, with 7,391,48 farmers making it to the list. Mumbai: With the government announcing that over 35.11 lakh farmers across Maharashtra who have outstanding individual loans up to Rs 1.5 lakh will benefit from its loan waiver decision, more...

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'Volume two of Eco Survey to have downloadable data' -TCA Sharad Raghavan

-The Hindu Publication is expected to be released around July 21-22 The second volume of the Economic Survey will be released during the Delhi Economic Conclave around July 21-22, according to a senior official in the Finance Ministry, who added that the volume will also for the first time include historical data in downloadable Excel files. The first volume of the Economic Survey, released a day before the Budget was presented in Parliament,...

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Centre gets a taste of 'fake news' on GST

-The Telegraph New Delhi: The Narendra Modi dispensation, which has used social media as a force multiplier and reaped huge political dividends, is now having to reckon with its rumour-spreading powers that threaten to throw a spanner in the government's GST blitz. In the first three days of the rollout of the new tax regime, the Finance ministry has had to step in twice to counter rumours that were spreading like wildfire...

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Battle over cattle -Himanshu Upadhyaya

-GovernanceNow.com Banning cattle slaughter, like demonetisation, may deliver political gains but will hit the rural economy hard More than a century ago, a team of officials from Brazil toured some villages of Kheda district, in central Gujarat. They had come to procure breeding bulls of the famous Kankreji breed, notes Bhailal Patel, a charismatic institution-builder who was also the first leader of opposition in Gujarat assembly, in his memoirs. It was of...

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