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Entering the age of GST -M Govinda Rao

-The Hindu The long-term benefits of GST are clear — the challenge is to quickly address the short-term obstacles The Goods and Services Tax (GST) is in force from today. The reform, touted as a “game changer” and the “reform of the century”, was deemed worthy of a launch on the midnight of June 30 in the Central Hall of the Parliament. Indeed, one is reminded of the famous speech by Pandit...

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Ground water levels declining fast in Maharashtra -Zeeshan Shaikh

-The Indian Express The study compared pre-monsoon water level data for 1,487 wells selected from across Maharashtra with the decadal mean between 2006-2015. This study indicated a decline in ground water levels in 70 per cent of the wells monitored. Mumbai: The low intensity of rains across the state, especially in cities like Mumbai, may have led to consternation but Maharashtra faces a larger problem in the long run due to a...

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Public anger over unemployment a big challenge for Modi govt -Sanjay Kumar and Pranav Gupta

-Livemint.com A CSDS survey shows that the public perception about job growth is worse than what it was during the second term of the UPA government Negative perception about jobs could become the Achilles heel of the Narendra Modi-led Union government, a recent survey conducted by research group Lokniti at the New Delhi-based Centre for Developing Societies (CSDS) seems to suggest. The “Mood of the Nation” survey of more than 11,000 respondents across...

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GST fear: Drug-makers expect shortage of medicines

-The Times of India NEW DELHI: With just a day to go before the roll out of goods and services tax (GST) in India from July 1, the country's drug industry fears that there may be a temporary shortage of medicines as many traders and chemists are yet to comply with the norms. Though the All India Organisation of Chemists and Druggists, which represents over 8 lakh chemists, has assured the government...

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Agriculture finance: Post-demonetisation, cooperative banks in Maharashtra fail to disburse kharif crop loans to farmers -Partha Sarathi Biswas

-The Indian Express First, it was demonetisation and crop price crash; now it is the collapse of cooperative credit that is hurting farmers during peak kharif operations. For most Maharashtra farmers, drying up of institutional finance for kharif farming operations is what’s really hurting. Nashik (Maharashtra): Last kharif, the Nashik District Central Cooperative Bank (NDCCB) disbursed  Rs 1,608.55 crore of crop loans during April-June, exceeding its target of Rs 1,257.18 crore. This...

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