-The Indian Express A cut in income tax will naturally mean a loss of revenue for the government, which will impact the fiscal deficit. The quantum of the revenue loss will depend on how deep the tax cut is. Finance Minister Nirmala Sitharaman has said that the government is considering cutting tax rates to revive growth. “Tax rate cut is one among the many things we are thinking to boost growth,” Sitharaman...
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Government working on more measures to boost economy: Nirmala Sitharaman
-PTI GST rates have to be ratonalised by the Council, says th Finance Minister Finance Minister Nirmala Sitharaman on Saturday, December 7, 2019, said the NDA government is working on more measures to revive the sagging economy. The GDP growth slowed down to more than six-year low of 4.5 per cent in the second quarter of the current fiscal from 5 per cent recorded in the first quarter. The government has taken several measures...
More »Climate change behind spike in onion price every alternate year: Study -Nagesh Prabhu
-The Hindu Researchers from Institute for Social and Economic Change say price will stabilise only by March 2020 Bengaluru: The price of onion in the country spikes every two years and this is largely triggered by a series of factors, including drought, late arrival of monsoon, floods, crop failure, and supply disruptions, according to a recent study. The current sharp spike in onion price is expected to continue till at least March...
More »Citizenship (Amendment) Bill: Non-stop protest looms -Pranjal Baruah
-The Telegraph AASU anchors anti-bill chant Assam is seemingly moving towards days of non-stop agitation witnessed over three decades ago during the anti-foreigner Assam Movement (1979-1985), as it continues to simmer over the Citizenship (Amendment) Bill. While the All Assam Students’ Union (AASU), the sentinel of the Movement in the eighties, announced non-stop protests against CAB from Saturday, many others, including civil society groups, have been hitting the streets in protest against the...
More »Instead of gigantic statues, India should build modern schools and universities: Raghuram Rajan
-India Today Raghuram Rajan said India needs to build modern schools and universities that teach its children to be more tolerant and respectful of one another. Former Reserve Bank of India Governor Raghuram Rajan has said Hindu nationalism does not just foment social tensions but also detracts India from its economic growth. Rajan said the Narendra Modi government is no exception to having a tendency "to want more power, especially given the...
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