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Key steps to kick-starting the economy -C Rangarajan

-The Hindu Getting financial institutions to a healthy state when they can begin to lend confidently is most crucial for faster growth We bid goodbye to 2019 with a sigh of relief. Anything that could go wrong went wrong during this year. Growth RATe plummeted. From the level of 8.1% in the fourth quarter of 2017-18, quarterly GDP growth fell to 4.5% in the second quarter of 2019-20, a fall of 3.6...

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Justice Madan Lokur, former judge of the Supreme Court, interviewed by Bhadra Sinha (Hindustan Times)

-Hindustan Times Article 14 of the Constitution is not limited only to reasonable [actually RATional] classification. What is important is that the RATional classification must have a reasonable nexus with the object sought to be achieved by the legislation, says Justice Lokur Justice Madan Lokur, a former judge of the Supreme Court, says the proviso to the definition of illegal immigrant in the amended citizenship act is unconstitutional if one agrees with...

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Finance panel suggests new structure to RATionalise GST slabs -Rajeev Jayaswal

-Hindustan Times The suggestion is to come up with a standard RATe of 17%, a lower merit RATe for items of common consumption and a higher RATe on luxury and sin goods, according to these officials who spoke on the condition of anonymity. The Fifteenth Finance Commission (FFC) has suggested the Goods and Services Tax (GST) Council to simplify tax RATes by creating just three slabs, two officials with direct knowledge of...

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What a sharp rise in inflation RATe amid spike in food prices means -Prabhat Patnaik

-Newsclick.in Even as the growth RATe of the Indian economy is slowing down, and the index of industrial production (IIP) is actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the inflation RATe in the economy has started acceleRATing. Significantly, the acceleRATion in inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the...

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NITI Aayog to start drafting plan for 'population stabilisation'

-TheWire.in Experts believe that the “population explosion” theory is contentious as despite its 1.37 billion people, India’s birth RATes have been falling. New Delhi: Drawing from prime minister Narendra Modi’s Independence day speech, the NITI Aayog will soon start drafting a roadmap for “population stabilisation” in India. On Friday, it organised a national consultation titled “Realising the vision of population stabilisation: leaving no one behind” with the Population Foundation of India (PFI)...

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