-The Tribune Shimla: A large number of ration cardholders have been deprived of subsidised ration due to the closure of fair price shops ever since the rollout of the GST. In Shimla, shutters on more than 50 per cent shops under the public distribution system (PDS) are down with a notice that the sale had been closed due to the GST. Consumers are taking rounds of the PDS shops, but no ration is...
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Print post-GST rates on items or go to jail, government warns traders
-The Times of India NEW DELHI: The government on Friday warned manufacturer, importer and sellers of pre-packaged goods of penalties ranging from fines of up to Rs 1 lakh or prison terms up to a year for repeat offence of not printing the post-GST rates on product labels. The consumer affairs ministry has come out with the new norm for affixing the revised maximum retail price (MRP) on the old stocks,...
More »Govt bans practice of dual MRP at airports, malls -Bella Jaisinghani
-The Times of India MUMBAI: The Union ministry of consumer affairs on Thursday decided to ban the 'dual' MRP policy, a practice through which sellers charge a higher MRP for their products in certain spaces like malls, airports and hotels. As per the order, which comes into force starting January 1, 2018, companies will not be allowed to charge a different price for water, soft drinks or snacks at premium locations. The decision...
More »Why risks to inflation in India are on the rise -Roshan Kishore
-Livemint.com There is a growing risk that inflation may spike in the coming months The sharp drop in prices of farm products over the past few months has not just upset farmers across the country, but also seems to have complicated the task of India’s monetary authorities. The minutes of the last meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) show that the committee is divided...
More »Farmer organisations from Punjab to join Mandsaur protest march -Anju Agnihotri Chaba
-The Indian Express The protest march will reach ‘Jantar mantar’ in Delhi on July 18 and will focus on only two main issues — “total loan waiver for all farmers and providing one-and-half times more price of the total production cost of the crop”. Jalandhar: Despite Punjab government’s loan waiver announcement, four farmers’ organisations from Punjab have decided to participate in the national-level protest under the banner of Akhil Bhartiya Kisan Sangharsh...
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