-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...

-The Hindu A key to understanding the effect of driving restrictions on emission levels would be to analyse what substitutions citizens will make for private vehicle trips during restriction hours It will be an unusual start to the New Year for Delhi. The city will be subject to the much-discussed driving restrictions, according to which between 8 a.m. and 8 p.m. most private vehicle operators will only be able to take their...

-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...

-Hindustan Times The fight against air pollution extended to nearby towns in NCR on Saturday as the Supreme Court-mandated Environment Protection Control Authority (EPCA) directed seven districts across Haryana and Uttar Pradesh to stop the registration of diesel autos, taxis and buses with immediate effect. In a move to phase out diesel-run public transport facilities from NCR, the statutory body directed all authorities concerned in the seven districts to stop issuing fitness...

-The Hindu Business Line A CAG report has laid bare the fact that rice millers have for decades reaped undue gains even as they failed to replenish the national food stock Much like rice spilling out of a tear in the sack, the country’s food procurement system has been leaking crores of rupees every year and impoverishing the government. Last week, in a report presented to Parliament the Comptroller & Auditor General (CAG)...