Columbia University professor Arvind Panagaria was recently appointed as the head of the 16th Finance Commission. His job is to give suggestions on the way the financial relations between the central and state governments will work in future. The Wire reports (2024), Arvind Panagariya has been recently appointed as the head of the 16th Finance […]
Tag Archives: GST
17
May
May
Before the mindless covid lockdown was imposed by the Modi government in March 2020 the unemployment rate in India was already at a 45 year high. Post lockdown the unemployment rate has sky rocketed and last April it was 7.83%. The latest CMIE report presents a very grim scenario of the Indian labor market. It […]
18
Sep
Sep
Recent survey said 77% of Indians want petrol and diesel to come under GST. The rationale for bringing petrol and diesel under GST goes something like this, Bringing petrol and diesel under the ambit of GST will significantly improve the cost of living for many. The price of petrol and diesel can come down to […]
09
Aug
Aug
The Informal sector is what keeps India moving. That part of the market keeps on working and so you get your daily milk, vegetables and newspapers delivered to your doorsteps. According to ILO, close to 81% of the Indian jobs are in this informal sector. Informal sector is the backbone India’s economy. Since coming to […]
22
Oct
Oct
Morgan Stanley (MS), an international financial institution, has come out with a report on India claiming that India was already on a path to growth, but the country’s drive towards digitization may put it on track to be the world’s fastest-growing economy over the next decade. MS’s study makes the claims primarily on two initiatives: […]
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