-Newsclick.in The central government has raked in over Rs18 lakh crore from excise duties compared to Rs14 lakh crore from taxes by all state governments over the past eight years. Yet again, the government has tried to obfuscate the exorbitant petrol/diesel prices by blaming state governments. This time, it was the Prime Minister himself who blamed some Opposition-ruled states for not reducing taxes like the Value Added Tax (VAT) after the central...
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WPI inflation rises to 14.55% in March, completes one year in double-digit territory
-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...
More »Centre considers delinking oil, gas extraction from mining tag -Jayashree Nandi
-Hindustan Times The MoPNG is seeking a separate category of clearance for oil and gas because if it is considered a mining activity, the environmental norms may prove to be more stringent, an official in the ministry said. The Union environment ministry is considering a proposal to delink oil and gas extraction from mining projects, as far as environmental appraisal is concerned, people familiar with the matter said. If approved, oil and gas...
More »Pocket pinch: Editorial on price rise
-The Telegraph The BJP’s nationalism would have been credible if it had a humane, inclusive face The prime minister has assured his legion of admirers that India’s stature is rising in the global order. The countrymen, however, can spot only one thing that is on an unprecedented rise: the price of essential commodities. On Tuesday, the price of diesel scored a century in Bengal, much like petrol that is already burning a...
More »IPCC report: Clap for Kolkata’s public transport -Jayanta Basu
-Down to Earth The city's inadequate drainage system results in frequent flooding, it says Kolkata in West Bengal has something to cheer about: Its much-criticised public transport system got an elaborate mention in the third instalment of the sixth assessment report by the Intergovernmental Panel for Climate Change (IPCC). The most significant report on the global climate crisis referred to the city’s public transport network as an “illustrative case study” to showcase integrated...
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