-The Telegraph New Delhi: More than half the light emitting diode (LED) bulb brands sold in India breach the safety standards prescribed by the government's Bureau of Indian Standards, a lighting industry association said on Monday, citing a survey by a market research firm. The Nielsen survey has found that 36 to 73 per cent of LED bulb brands sold across 200 retail outlets in four cities failed to comply with the...
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Exclusion of farm tractors from category of 'non-transport vehicles' will hit farmers: Swaraj India
-The Hindu Business Line New Delhi: The Centre’s decision to exclude agricultural tractors from the category of ‘non-transport vehicles’ will have “severe implications” on the already distressed farmers of the country, said Swaraj India, a party founded by Yogendra Yadav and Prashant Bhushan, after breaking away from the Aam Aadmi Party. In a memorandum submitted to the Road Transport Minister Nitin Gadakri, the party has demanded more time for submission of objections...
More »Gujarat model: The gleam of state's high growth numbers hides dark reality of poverty, inequality -Maitreesh Ghatak
-Scroll.in An analysis of data shows that the Gujarat model is a bubble waiting to burst. The Gujarat economy continues to be an enigma. In 2014, many considered the state’s economic performance nothing short of miraculous and credited it to the magic touch of Narendra Modi, then the four-term chief minister of the state. This even led to the coinage of a new term: Modinomics. Three years later, as Gujarat heads...
More »Govt planning steps to ease GST compliance burden on SMEs: Hasmukh Adhia -Gireesh Chandra Prasad
-Livemint.com The simplification process may result in some readjustment of GST rates, including a possible reduction in tax of some items that are in the highest tax slab of 28% New Delhi: Policymakers are considering steps to ease the compliance burden related to the goods and services tax (GST) on small businesses and to make product classification for taxation less complicated, said revenue secretary Hasmukh Adhia. The simplification process may result in some...
More »World Bank reduces India GDP growth forecast to 7% for 2017-18 -Asit Ranjan Mishra
-Livemint.com World Bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, blaming disruptions caused by demonetisation and GST New Delhi: After remaining the world’s fastest-growing region for eight consecutive quarters, South Asia has slipped to the third position behind East Asia and the Pacific regions, as India’s economy slowed to its lowest level in 13 quarters, the World Bank said on Monday. This is at a time when...
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