In an interview with ThePrint, Assocham president Niranjan Hiranandani says RBI should also look at a one-time loan restructuring to prevent a banking system collapse.
Maharashtra received the highest GST compensation from the Centre amounting to Rs 19,233 crores, followed by Karnataka which received Rs 18,628 crores.
Modi may be too smart to fall for his own propaganda, but the positive change narrative has become untenable. For its own sake, the govt should course-correct.
GST collections for the first quarter of this fiscal declined 59% as lockdown imposed to contain spread of Covid-19 pandemic severely impacted economic activity.
The roti-vs-parota battle is hardly India’s first tax classification problem. Remember chappal vs sandal? It’s a problem with how Indian officials function.
Complex labour laws & regulations were responsible for the creation of dwarf entities in India. MSMEs will need many reforms to scale up and be competitive.
The Accountability Initiative working paper says state finances were already under pressure before the Covid-19 pandemic struck due to lower tax devolution and GST compensation.
A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.
Modi govt is perceived as ‘strong’ because of its centralised functioning, but its slow response on Covid-19 exposes the risks that come with such style of governance.
Alongside buying into the grift that is dating apps, the girlies are also installing astrology apps like Astrotalk to investigate the same tired mystery—will he ever text back?
Aquaculture is the fastest growing food sector in Africa, offering significant returns on investment for all involved and achieving the continent’s goals for food security, dignified livelihoods and economic growth.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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