-Hindustan Times Unless consumer preferences shift to climate resistant crops, goals associated with the policy won’t materialise After a gap of three years, the Karnataka government has reintroduced ragi/finger millet in its public distribution system (PDS). To feed the PDS system, the government has announced a procurement price much higher than the market price and introduced bonuses. With interventions on the sides of both production as well as consumption, the objectives are...
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Can Budget 2018 Set a Road Map For a Truly 'Good and Simple Tax'? -Rajul Awasthi
-TheWire.in While the nitty-gritties of GST work are handled by the council, slippage in revenues are a result of poor design, which is why a road map for reforming the GST is needed. I don’t envy finance minister Arun Jaitley. The fiscal situation is looking rather grim, with the fiscal deficit target amount for the entire year having already been exceeded by 12 percentage points, with a full quarter of the fiscal...
More »CPI for industrial workers up at 3.97% in Nov as food items get costlier
-PTI The All-India CPI-IW for November increased by 1 point and pegged at 288 New Delhi: Retail inflation for industrial workers rose to 3.97 per cent in November 2017 mainly due to surge in prices of food items, kerosene and cooking gas. "The year-on-year inflation measured by monthly CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month (October, 2017)...
More »Nervous over rising crude, government ends monthly LPG price hike -Sanjay Dutta
-The Times of India NEW DELHI: In a clear indication of the nervousness over rising oil prices evoking popular anger, the government has asked state-run fuel retailers to stop raising the price of subsidised cooking gas cylinders by Rs 4 a month. The order was issued in October, around the same time the government cut excise duty on petrol and diesel by Rs 2 per litre to stave off rising consumer anger...
More »Govt to file review petition against SC order on MRP issue
-PTI SC had said that the government cannot enforce sale of mineral water on their MRPs in hotels and restaurants as the Standards of Weights and Measures Act, 1976 does not apply The government will file a review petition in the Supreme Court against an order allowing hotels and restaurants to charge higher price than the MRP on mineral water, Consumer Affiars Minister Ram Vilas Paswan said on Saturday. "In relation with the...
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