-TheWire.in The Goods and Services Tax (GST) is awfully complex and has confused not only businesses and the public, but also the government. Have prices of goods and services risen because the implementation of the Goods and Services Tax (GST) is faulty or because it was not designed properly? Eighteen percent GST is levied on the food in a restaurant. This has raised the cost of eating out. Is this what was...
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SBI Research says economic slowdown is real not just 'technical'
-PTI SBI Research said the slowdown is real and not technical and called for more public spending to arrest the slide Mumbai: Noting that the economy has been on a downslide since September 2016, SBI Research on Tuesday said the slowdown is real and not technical and called for more public spending to arrest the slide. “We certainly believe that we are in a slowdown mode since September 2016 and a slowdown that...
More »Soli Sorabjee, Former Attorney General of India, interviewed by Anuradha Raman (The Hindu)
-The Hindu The former Attorney General about recent landmark judgments of the Supreme Court, the credibility of the court, and the sedition law Former Attorney General of India, Soli Sorabjee, was given the Padma Vibhushan 15 years back for his defence of the freedom of expression and protection of human rights. Now, at 87, Mr. Sorabjee says he is looking forward to making his arguments in a pending case on Aadhaar. Excerpts...
More »Cash transfers may replace RATions for women and infants -Shalini Nair
-The Indian Express Cash transfers instead of food has been widely debated with several criticising it for not being an actual substitute for take-home RATions, which is a mix of cereals, fats, sugar and pulses, with added micronutrients. In a major policy shift, the Ministry of Woman and Child Development (WCD) has prepared a proposal to substitute take-home RATions, given in aanganwadis for infants under three and pregnant and lactating mothers,...
More »Do the maths: India's first bullet train isn't 'free of cost' as Modi claims -MK Venu
-TheWire.in/ Business Standard Over 50 years, the loan repayment value will be much higher based on the inflation differential Prime Minister Narendra Modi has claimed the bullet train offered to India by Japan is virtually free of cost. A 50-year yen loan amounting to Rs 88,000 crore at 0.1 % interest is being described by the prime minister as free of cost. This is patently absurd. India can have as many bullet trains...
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