-The Indian Express In Mumbai, Chief Minister Uddhav Thackeray, in an address to the state, stopped short of announcing a lockdown, but warned that a decision may have to be taken in the next two days after consultations with experts and political leaders. On the day the Centre categorised 11 States/UTs as “States of grave concern” on account of their high and rising daily cases and deaths, several states moved Friday to...
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How updated land records can help revive rural economy -Prerna Prabhakar
-The Indian Express With livelihoods affected during the pandemic, the importance of land ownership for access to formal loans as well as government relief programmes became more evident. But the relatively poor availability of clear and updated land titles remains a hurdle. For a significant section of the rural poor, land is both an asset and a source of livelihood. Many informal jobs in the urban centres were lost as the economy...
More »GST mop-up hits a record in March -Vikas Dhoot
-The Hindu The indirect tax collections were 27% higher than that in March 2020. The gross GST collections in March hit a record of ₹1,23,902 crore, the Union Finance Ministry said on Thursday. This is the sixth month in a row that GST revenues have remained above ₹1 lakh crore. “The GST collections for March have created a record; it has never been so high. We have crossed the record collections by a...
More »Govt’s April Fool’s joke on small savings schemes would have hurt the economy -Vivek Kaul
-Livemint.com * Trying to project lower interest rates as a panacea for everything isn’t the right way to go about it. The central government just played an April Fool’s joke on a large section of India’s middle class, which invests in small savings schemes. Late Wednesday evening, the government announced a substantial cut in interest rates on small savings schemes for the three months to June. The interest rates on Senior Citizen Savings Scheme...
More »Migrant workers should have political voice, say experts
-The Indian Express On the Covid-19 lockdown in India, Tumbe said that while internal migration takes place in all countries, India was probably the only country that faced a massive migration crisis. The recent laws in Jharkhand and Haryana that reserve private sector jobs for local residents are “nativist” and should be struck down, panelists said Tuesday at the second edition of the eight-part webinar series — Thinc Migration — organised by...
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