-ThePrint.in In 'The Working of the Indian Constitution', T.M. Thomas Isaac examines the functioning of GST to assess if its high expectations have been realised. The Goods and Service Tax (GST) Council has been hailed as a model federal institution, where both states and the centre are represented, and consensus is arrived through a detailed delibeRATive process. Until the 38th GST Council meeting in December 2019, there had not been a single...
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Raise coverage under food security Act: Supreme Court tells Centre -Bhavini Mishra
-Business Standard The apex court directed the Centre to re-determine coverage in accordance with Section 9 of the NFSA The Supreme Court directed the Centre to come out with a solution so that benefits under the National Food Security Act (NFSA) are not restricted in accordance with the Census 2011. And, more and more needy persons get the benefits under the Act. Keeping in mind that the ‘Right to Food’ is a fundamental...
More »Public sector banks have ensured financial inclusion, finds a new empirical study
Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
More »Delhi’s (and India’s) urban poor may have houses to live. But are they habitable -Anuj Behal
-Down to Earth The habitability of housing, RATher than just its availability, will be an important factor in the future, given the trends in climate change The summer of 2022 has been the second-hottest since 2010, according to Delhi-based think tank, Centre for Science and Environment (CSE). The winter, monsoon and post-monsoon are also warming up. The mere availability of housing is no longer sufficient in such a scenario. It should also...
More »Urad prices rise, govt may ask traders to declare stock -Prabhudatta Mishra
-The Hindu Business Line RATe hike due to lower acreage, fear of crop damage Urad dal prices in the retail market have increased on an average by Rs.3-5/kg in the past one week while at some places the surge is Rs.13/kg to about Rs.110-120/kg, mainly due to overall lower acreage and fear of crop damage after incessant rains in the growing region of Madhya Pradesh. Kendriya Bhandar, a Central government-run coopeRATive, has...
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