-The Hindu Business Line Rather than cut Fuel Prices, encouraging farmers to step up cultivation of oilseeds and raising LPG subsidy and vegetables will ease food inflation  It is true that a reduction in the prices of petro products will result in a modest fall in the prices of various commodities. However, the reduction in petro prices will happen only when both Central and State governments forgo a substantial portion of the...

-The Hindu Business Line Experts attribute it to higher cost of providing goods and services and more money under schemes Retail inflation based on Consumer Price Index (CPI) for rural areas is higher than urban areas for four successive months with West Bengal, Madhya Pradesh, Telangana and Haryana recording double-digit rural retail inflation in April. These are among the 17 States that witnessed higher retail inflation in rural areas. However, in Karnataka, Kerala,...

-Hindustan Times Although the controversial law was passed in 2019, the rules on how it is to be implemented have not been framed yet, and the government has said this will happen once the pandemic ends. The Citizenship Amendment Act (CAA) will be enforced as soon as the Covid-19 pandemic gets over, Union home minister Amit Shah said in West Bengal on Thursday, accusing the ruling Trinamool Congress in the state of...

-Newsclick.in The central government has raked in over Rs18 lakh crore from excise duties compared to Rs14 lakh crore from taxes by all state governments over the past eight years. Yet again, the government has tried to obfuscate the exorbitant petrol/diesel prices by blaming state governments. This time, it was the Prime Minister himself who blamed some Opposition-ruled states for not reducing taxes like the Value Added Tax (VAT) after the central...

-The Hindu What is the Opposition-ruled States’ stand on reduction of value added tax to bring down petrol prices?  The story so far: Petrol is retailing at more than ₹100 per litre across India. While rising crude oil prices have added to the burden, the primary reason behind the steep increase in pump Fuel Prices over the last few years is the gradually rising Central Government's excise duty component. Currently, for every...