Saturday, 19 January, 2019

Topic: GST

Central transfers can make up some, not all, of the inequality in India (Representational image) | PTI

India needs to fix the growing inequality between poorer east and richer south

Social sector spending by the poorer states remains lower than in the better-off ones. If they are to catch up, this is the opposite of what it should be.
Anupam Kher as Manmohan Singh in The Accidental Prime Minister | YouTube screengrab

Sadly for BJP, Indians don’t vote based on fictional works like The Accidental Prime Minister

Nervous about their own poor performance, BJP is hoping that a cock and bull story will get it votes in 2019.
RBI Headquarters in Mumbai

After landing punches, Modi govt rushes with balm for MSME sector ahead of elections

RBI permits banks to restructure loan accounts of MSMEs that are under stress. But MSMEs still not happy.

MSME loan restructuring has only postponed bad assets problem of banks

The 50-word Edit — ThePrint view on the most important issues, instantly.
The bronze bull statue at the Bombay Stock Exchange | Dhiraj Singh/Bloomberg

Five major challenges that shook India’s economy in 2018

From GST to RBI to NPAs, both institutions and governance had a turbulent ride.

The little guy is the Indian person of the year in 2018

The deeper problem is that no matter how many govt schemes there are for the poor, the system works more for the privileged, less for the little guy
Latest news on Karnataka CM Kumaraswamy

H D Kumaraswamy meets Jaitley, seeks extension of GST compensation period till 2025

Karnataka chief minister asserted that the state's revenue deficit has widened to  widened to 20% post GST.
A giant cut-out of Prime Minister Narendra Modi installed at Ashok Road | Ravi Choudhary/ Getty Images

GST slabs of 12% & 18% could merge with rise in revenues, says Arun Jaitley

In a Facebook post, finance minister Arun Jaitley said a future road map could be to work towards a single standard rate instead of two standard rates of 12 per cent and 18 per cent.
A vendor sells Congress souvenirs on a street in Bhopal, Madhya Pradesh

With just months to go for Lok Sabha elections, populism is back centre stage

Modi has so far held back on announcing a national farm loan waiver. But temptation to appease voters was evident when he hinted at cutting GST rates.
Central transfers can make up some, not all, of the inequality in India (Representational image) | PTI

India needs to fix the growing inequality between poorer east and richer south

Social sector spending by the poorer states remains lower than in the better-off ones. If they are to catch up, this is the opposite of what it should be.

Karnataka crisis: Can horse-trading be checked or should it be accepted as part of politics?

The Karnataka Congress called a legislature party meeting Friday to address the issue of horse trading in the state and put up a show of strength. The Congress ...