-The Hindu Letter to States flags falling collections The Centre has written to all the States voicing concern that due to the lower Goods and Services Tax (GST) collections, the compensation cess might not be enough to pay for losses arising out of the tax system. The communication comes at a time when several States, including Rajasthan, Kerala, Delhi, Punjab and West Bengal, have publicly urged the Centre to Transfer pending compensation payments...
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Will the government's stand on privatisation of public sector units help the economy? -K Bharat Kumar
-The Hindu * What is the push behind the strategic disinvestment move? What are the gains? The story so far: On November 20, the government announced that it would sell stakes in several public sector undertakings (PSUs) and even give up management control in some. The Central government will cede full management control to buyers in the case of oil marketing company Bharat Petroleum Corporation Ltd. (BPCL), Shipping Corporation of India (SCI)...
More »Mizoram revokes Forest Rights Act -Ishan Kukreti
-Down to Earth State government misused Article 371 (G) to revoke FRA in Mizoram, critics allege The Mizoram government passed a resolution revoking the implementation of the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 (FRA) in its assembly session on November 19, 2019. Under Article 371 (G) of the Constitution, Mizoram has a special provision which makes it mandatory for all legislations of Parliament pertaining to land...
More »Swachh Bharat In The City -Himanshu Gupta
-The Indian Express Urban areas require a different approach to end open defecation. The Swachh Bharat Mission is being executed by two different ministries — the Ministry of Drinking Water and Sanitation for rural areas and the Ministry of Housing and Urban Affairs for urban areas. In the rural areas, the major challenge was to change the mindset of the populace so that they would start using household toilets rather than...
More »Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
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