-Macroscan.org At the end of the five-year period in which states were being compensated for shortfalls in GST revenues relative to targets, they are on the verge of a fiscal crisis. That could spell the end of the GST regime. Please click here to read more. ...
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CAG raises concerns over Centre’s ballooning debt, interest burden
-The New Indian Express Meanwhile, data released by the department of economic affairs in the Finance Ministry showed interest paid on debt has increased to Rs 8.05 lakh crore in FY22 from Rs 6.80 lakh crore in FY21. NEW DELHI: The Comptroller and Auditor General (CAG) of India have raised concern over increasing Central government debt as several indicators gauging the sustainability of debt have turned unfavourable since 2015-16. The CAG in...
More »Chhattisgarh: Mining & Allied Activities Promises In INC’s 2018 Election Manifesto Yet to be Implemented
-Press release by Mineral Inheritors Rights Association dated August 4, 2022 The promises made by the INC during the 2018 elections for the Chhattisgarh Legislative Assembly in the Mining and Allied Activities portion of their manifesto are yet to be implemented. Four years have passed, and the Indian National Congress (INC) has yet to implement any of the five promises stated in the Mining & Allied Section of their 2018 Chhattisgarh Legislative...
More »Assam flood situation improves but 2 more die
-PTI/ The Telegraph Cachar is worst-hit district in Assam with 3,55,960 people still affected Guwahati: Two more people died on Sunday even as the flood situation in Assam considerably improved, as per an official bulletin. Both the deaths happened in Hailakandi district, taking the toll in this year's flood and landslides to 192, as per the Assam State Disaster Management Authority (ASDMA) bulletin. Still, 5,39,334 are suffering in the flood across 12 districts. Altogether...
More »Fall in FMCG sales shows a declining quality of life
-The New Indian Express High inflation is not just a research figure fueling the economic debate. It has a real, negative impact on the daily lives of the masses. High inflation is not just a research figure fueling the economic debate. It has a real, negative impact on the daily lives of the masses. In this respect, fast-moving consumer goods (FMCGs) that are bought daily have seen lower sales through June, compared...
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