Centre has given two options to states under which they can borrow from the market to meet the shortfall in GST revenues.
The justification used to differentiate between roti and parotta is not working on parotta lovers.
Fixing Punjab’s wood-inlay industry will require the kind of sharp focus and attention to detail that Narendra Modi and Nirmala Sitharaman appear incapable of.
99.3% of demonetised currency is back in the banking system, and India’s addiction to cash is now, perhaps stronger than ever.
The Indian economy is experiencing a slowdown. In fact, it may have started three years ago – remember demonetisation in 2016, followed by the GST in 2017?
The most vulnerable sections of society, especially the informal sector, were hit hard by demonetisation and GST, said the report.
Multiple issues have reduced the effectiveness of GST and eroded the constitutional rights of states, writes Kerala Finance Minister TM Thomas Isaac with his co-authors in a new book.
The GST collection stood at Rs 1.02 lakh crore in the previous month.
The BJP government’s promises on jobs and farmers’ incomes have fallen flat, so it may look to fill the gap with ‘sound and fury’.
According to the report, India’s GDP is forecast to grow by 7.3 per cent in FY2018/19 and 7.5 per cent thereafter, in line with June forecasts.