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Why Centre’s Stance on GST Compensation is Utterly Bizarre -Prabhat Patnaik

-Newsclick.in Finance Minister Nirmala Sitharaman invoking ‘Act of God’ to deny states their promised dues, not only violates an Act of Parliament but also defies economic logic. When the Goods and Services Tax (GST) was introduced, and states virtually gave up the Power to levy indirect taxes which they had enjoyed under the Constitution, the Centre had solemnly promised that it would compensate them for five years for any revenue shortfall arising...

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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade

Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....

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When Lalu Prasad gave nod for leave during menstruation -Ankita Dwivedi Johri

-The Indian Express Nearly 30 years ago, the Lalu Prasad government in Bihar introduced the step of menstrual leave for working women — revolutionary both for the state (which lags on most development indices), and for its time (when women formed a small portion of working staff). Zomato’s decision to grant menstrual leave to its women employees has sparked a polarised discussion on whether such a policy will sow seeds of discrimination...

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In ‘act of god’, coercive not cooperative federalism -Rajeev Gowda and Manpreet Singh Badal

-The Hindu In bridging the GST gap, the Centre ought to help States through the Consolidated Fund of India It is beyond anyone’s imagination that the Government of India would invoke the “Force Majeure” clause against its own people. Unfortunately, this has become reality at a time when every Indian State is massively burdened by the COVID-19 crisis and governance has been severely affected. Finance Minister Nirmala Sitharaman’s statement on Thursday that the...

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Halt Char Dham project, environmentalists petition Modi -Jacob Koshy

-The Hindu Some members furthering an agenda that isn’t in public interest, they say. A group of 40 scientists, environmentalists and ecologists have written to Prime Minister Narendra Modi demanding a halt to the Chardham road construction work and that the recommendation of environmentalist Ravi Chopra, who heads a Supreme Court-appointed committee to advise on the sustainable execution of the project, be heeded. The Chardham Project (CP) is an ambitious attempt by the...

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