Forest fires are not just confined to countries like the United States of America (California, 2020), Brazil (Amazon forest, 2019-2020) or Australia (2019-20); they happen every year across many states in India too. Media reports suggest that forest fires have taken place in the recent months in Odisha's Simlipal National Park, Uttarakhand and Himachal Pradesh, among other states. Forest fires have also been reported this year in Nagaland-Manipur border (Dzukou...
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GST mop-up hits a record in March -Vikas Dhoot
-The Hindu The indirect tax collections were 27% higher than that in March 2020. The gross GST collections in March hit a record of ₹1,23,902 crore, the Union Finance Ministry said on Thursday. This is the sixth month in a row that GST revenues have remained above ₹1 lakh crore. “The GST collections for March have created a record; it has never been so high. We have crossed the record collections by a...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »Every time Bengal loses a traditional rice variety, it loses a little bit of its culture -Debal Deb
-Scroll.in Old Customs and foods no longer have the same meaning because the rice varieties associated with them are long gone. In Bengali culture, like many other cultures in Asia, “eating rice” is synonymous with “having a meal”. The Sanskrit word “anna” and the old Bengali word “odan” mean both “rice” and “meal”. A standard Bengali expression – “Have you eaten rice?” – is a polite way to inquire, “Have you had...
More »India implemented several measures to facilitate trade during 2015-20: WTO
-PTI/ The Hindu The points were part of the report of India’s seventh Trade Policy Review (TPR), which began on January 6 at the World Trade Organization India has implemented several measures to facilitate trade, such as simplification of procedures and Customs clearances for imports and exports, according to WTO. Geneva-based World Trade Organisation (WTO) said that the other trade-facilitation initiatives introduced by India since 2015 include introduction of Indian Customs Electronic Gateway...
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