-The Telegraph New Delhi: The goods and services tax (GST) regime has replaced a cascade of 11 central and state taxes with a concertina of eight tax rates, defeating the original idea of having a three-slab tax structure. The current GST structure on goods ranges from zero to around 40 per cent. If jute, silk and muri (puffed rice) fall in the exempted category, luxury cars and SUVs fall in the top...
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The Indian economy finally bares its demonetisation scars -Manas Chakravarty
-Livemint.com Very low GDP growth in the fourth quarter indicates that the slowdown is likely to persist in the current quarter as well Finally, the impact of demonetisation is visible in the gross domestic product (GDP) numbers. Gross value-added (GVA) growth at constant prices fell to a mere 5.6% in the fourth quarter of fiscal year 2017 (FY17), clearly showing the scars of demonetisation on the economy. That’s not all. The headline growth...
More »DeMolished India's top rank -Jayanta Roy Chowdhury and R Suryamurthy
-The Telegraph New Delhi: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth had tumbled to 6.1 per cent in the fourth quarter (January-March). That is considerably slower than the 6.9 per cent growth that the resurgent Chinese economy racked up during the same...
More »Maharashtra govt reviews measures for prevention of malnutrition death in tribal areas
-DNA Death of tribal kids during monsoon period when their parents don't get work has been a major issue since past many years. Maharashtra Chief Secretary Sumit Mullick on Wednesday held a core committee meeting to review the ongoing measures to prevent death of infant in the tribal areas. He directed health, women and child development and tribal departments to take necessary precautions for preventing various diseases whcih occur during the monsoon. Additional...
More »24x7 water for this honest village -Animesh Bisoee
-The Telegraph Jamshedpur: As water scarcity forces many urban residents to rely on tanker dole, a village around 35km southeast of Jamshedpur enjoys piped drinking water 24/7 thanks mainly to self-help. All 1,617 residents of over 300 households of Durku village in Kuldiha panchayat, Potka block, get safe tap water to drink. The reason behind it is surprising. Swajaldhara, a UPA-I drinking water scheme based on self-financing, which largely failed in the country...
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