-The Hindu While consumers will be glad to see their fuel bills slashed by the advent of a favourable rate structure under the GST, State governments will have to contend with an erosion in tax revenue. At the time of writing, petrol was retailing at Rs.82.48/litre in Mumbai, roughly 62% more than the Rs.50.8/litre Pakistanis shell out for a tank of gas. This is despite the fact that crude oil prices are...
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Jean Dreze, development economist and social activist, interviewed by Sagar (CaravanMagazine.in)
-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...
More »Poor land use can cost the world $23 trillion by 2050
-Down to Earth If the world spends even a fraction of the predicted loss, it can reverse land degradation, which affects the poorest the most The world will lose $23 trillion by 2050 due to land degradation, warns a United Nations Convention to Combat Desertification (UNCCD) review. In comparison, only US $4.6 trillion, a fraction of the predicted losses, will be required to rectify what is one of the biggest threats...
More »Courts can see House reports
-The Telegraph New Delhi: A five-judge Supreme Court constitution bench on Wednesday ruled that parliamentary standing committee reports can be examined by courts for evidence evaluation, rejecting the Centre's argument that it would be a breach of parliamentary privileges and an encroachment into the domain of the legislature. The apex court, however, said "admissibility of a parliamentary committee report in evidence does not mean facts stated in the report stand proved", as...
More »Don't chicken out
-The Hindu Business Line India has withdrawn curbs on US chicken imports, but phytosanitary concerns remain In keeping with its hardline stance on trade matters, the US continues to press for damages against India on poultry import curbs, despite India having relaxed them in recent months. Citing avian influenza concerns, India had for years virtually banned poultry imports from the US, prompting the latter to move the WTO. In 2015, the WTO...
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