-The Hindu GST Act allows change in formula, Ajay Bhushan Pandey tells Parliamentary Standing Committee on Finance. Finance Secretary Ajay Bhushan Pandey told the Parliamentary Standing Committee on Finance, headed by BJP MP Jayant Sinha, at a meeting on Tuesday that the government is in no position to pay the GST share of States as per the current revenue sharing formula, sources said. According to at least two members who attended the meeting,...
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India’s Trade-relationship with China: The New Imperialism -BP Mathur
-MainstreamWeekly.net Chinese import have thrown a spanner in the wheel of India’s economic progress per se and industrial manufacturing in particular. The Chinese import is so hard hitting on Indian industry that many manufacturers have become traders. The impact of Chinese goods has been such that India is threatened to become a country of importers and traders with domestic factories either cutting down production or shutting down completely...The country can...
More »Delayed Audit Reports, Lower Output Marked Last Two Years of CAG’s Functioning -Himanshu Upadhyaya
-TheWire.in As the tenure of the current CAG of India comes to an end in August, just how impactful has the national auditor been in recent times? When Parliament’s budget session for the year 2020 started on January 30, political and economic observers hoped to see tabling of the Comptroller and Auditor General (CAG) of India’s Audit Report on Union Government (Finance Accounts). However, these hopes were dashed when on the third day,...
More »6 ex-bureaucrats move SC seeking judicial probe into Modi Govt’s ‘gross mismanagement’ of COVID-19, lockdown
-National Herald The plea says the Centre failed to “undertake timely and effective measures for containing transmission of disease within India” despite being notified about the same by WHO in January, 2020. Six retired bureaucrats have moved the Supreme Court seeking an independent inquiry by a Commission appointed under the Commissions of Inquiry Act, 1952, into the Central Government's "gross mismanagement" of the COVID-19 pandemic in India, legal news website LiveLaw.in has...
More »Six months later, MHA yet to frame rules on CAA -Vijaita Singh
-The Hindu Parliamentary panel to seek status report More than six months after the Citizenship (Amendment) Act (CAA), 2019, was passed by Parliament, the Ministry of Home Affairs (MHA) is yet to frame rules or inform Parliament about the delay in doing so. Without rules being notified, the Act cannot come into force or be implemented. The Parliamentary Standing Committee on Subordinate Legislation, which has not received any communication from the MHA, has...
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