-Scroll.in Exporters claim that delays in refunds under the new tax code has tied up a substantial amount of their money, thus harming their businesses. Delays in processing tax refunds under the new Goods and Services Tax regime has locked up the funds of exporters, hurting their businesses and affecting their ability to be competitive in international markets. On September 19, a delegation of exporters met Revenue Secretary Hasmukh Adhia, who is...
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Govt readies booster dose to revive stuttering economy, may target MSME sector -Suchetana Ray
-Hindustan Times India’s economic growth slumped to 5.7% in April-June quarter, which experts attribute to demonetisation that sucked out 86% of the currency in circulation from a largely cash-reliant economy. The government’s expected measures to revive a stuttering economy could mainly target the MSME sector and involve a re-look at public-private project norms to boost investment without breaching its fiscal deficit target for the year, officials involved in the process told HT. Besides,...
More »Bullet Train: Do we need it? -TR Raghunandan
-Deccan Herald As a railway buff, I love the technology story of the bullet train. However, it is not appropriate for India, in the current configuration as negotiated by Prime Minister Narendra and his Japanese counterpart Shinzo Abe for the Mumbai-Ahmedabad high-speed rail line, for which they laid the foundation stone on September 14. The Shinkansen bullet trains were introduced in Japan in 1964 and traversed the 500-plus kilometre distance between Tokyo...
More »Maneka Gandhi Clashes With NITI Aayog on Replacing Food With Cash Transfers -Anoo Bhuyan
-TheWire.in The government is finalising a pilot project in line with NITI Aayog’s recent suggestion that children and mothers be given cash transfers instead of cooked or uncooked food. At a conference on under-nutrition organised by the Ministry of Women and Child Development this week, Union minister Maneka Gandhi said that the government is keen to overhaul the Integrated Child Development Service (ICDS) and withdraw the provisions of cooked food and rations...
More »NDA states stall 50 per cent quota for women in panchayat elections -Shalini Nair
-The Indian Express According to the 73rd and 74th Amendment Act of the Constitution, passed in 1993, one-third of the seats in all rural and urban local bodies are reserved for women. Amid reports that the NDA government may revive the Women’s Reservation Bill, for reserving one-third of seats in the Lok Sabha and state Assemblies for women, the Centre has canned a move to bring a central legislation to provide 50...
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