-The Hindu State rejects Centre’s options; to work for consensus among States. THIRUVANANTHAPURAM: Kerala has rejected the two options for Goods and Services Tax (GST) Compensation mooted by the Centre at the 41st GST Council meeting earlier this week. Instead the State has asked the Centre to take a loan and provide Compensation to the States. “We have decided to inform the Centre in writing that the State cannot agree to the two...
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Govt blames Covid, but payment stalled year ago -Aanchal Magazine
-The Indian Express The economic slowdown, which has been underway for almost three years now, began to adversely impact GST revenue collections in August last year. While the Centre Thursday chose to pin much of the blame for the delays on GST Compensation payments to the slowdown inflicted by the pandemic, the delays preceded the Covid-19 shock by almost a year – when payments due for August-September 2019 got delayed. Since then,...
More »There is confusion in the MIS data on approved labour budget and projected labour budget, says new tracker by Peoples' Action for Employment Guarantee
-Second MGNREGA tracker by Peoples' Action for Employment Guarantee (PAEG), released on 17th August, 2020 A MGNREGA tracker has been prepared by the Peoples' Action for Employment Guarantee (PAEG) that brings to you the latest developments, updates, and figures on the implementation of MGNREGA across the country till 3rd August, 2020. Given the significant role that MGNREGA is playing in the lives and livelihoods of rural workers, PAEG intends to keep...
More »In its letter to Shri Hardeep Puri, civil society activists and eminent citizens press for 100 days of guaranteed employment for each individual worker in urban areas
-Press release by Peoples' Action for Employment Guarantee, dated 29th July, 2020 The present Covid -19 crisis has brought to the fore the importance of MGNREGA in providing employment to rural workers as well as to those urban workers who due to lack of employment opportunities in urban areas were forced to migrate back to their villages. The Central Government is planning to launch an urban employment guarantee (UEG) programme at...
More »Centre unable to pay GST dues to States: Union Finance Secretary -Sobhana K Nair
-The Hindu GST Act allows change in formula, Ajay Bhushan Pandey tells Parliamentary Standing Committee on Finance. Finance Secretary Ajay Bhushan Pandey told the Parliamentary Standing Committee on Finance, headed by BJP MP Jayant Sinha, at a meeting on Tuesday that the government is in no position to pay the GST share of States as per the current revenue sharing formula, sources said. According to at least two members who attended the meeting,...
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