-Hindustan Times Traditionally, Union budgets have mattered for people at large because of two reasons: prices of goods and income tax rates.There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates. Traditionally, Union budgets have mattered for people...
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How real is the GST boost? -AK Bhattacharya
-Business Standard The share of GST collections in GDP has stagnated, even as IGST revenues from imports have gone up sharply The Modi government is elated over the steady improvement in the collection of goods and services tax (GST) in recent months. Along with the sharp growth in collections of other Union taxes, GST collections have also crossed the Rs 1-trillion mark for each of the last six months beginning July 2021. Please...
More »GDP Numbers: What’s Wrong With How India Measures Manufacturing Output Data -Kaushal Shroff
-TheWire.in A claim of an 8.4% real GDP growth rate has little relevance even as rural India battles plummeting wage levels, depleted incomes and widespread unemployment. With the release of the GDP figures for the quarter ending September, the government machinery has been in full swing advancing the narrative that economic growth is indeed back on track. However, sorely missing from these narratives is the inconvenient factoid on the currently dismal state of...
More »‘Withdraw order on mandatory use of health card in govt. hospitals’ -Bishwanath Ghosh
-The Hindu Bengal doctor’s association writes to Mamata saying the order will only fatten wallets of insurance firms A prominent association of doctors in West Bengal has written to Chief Minister Mamata Banerjee, asking her to revoke a recent order that makes it mandatory for patients to use the Swasthya Sathi card while seeking treatment in government-run hospitals. Swasthya Sathi is the Trinamool Congress Government’s insurance scheme providing a cover of ₹5 lakh...
More »48 Hours Of Rain In Uttarakhand, No Electricity Or Phone Signal -Vishnu Som
-NDTV blog After more than 48 hours of incessant rain, the first sign of a let-up - it has now come down to a drizzle with the government indicating that the worst may now be over. But there has been a heavy price to pay. After three days of splendid sunshine in Majkhali, in Uttarakhand's Almora district - which opened up extraordinary views of the Nanda Devi, Trishul and Panchachuli ranges, heavy, overcast...
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