The party is putting up a fierce fight by letting the Hardik-Alpesh-Jignesh trio capture the caste-based anger against the BJP, while Rahul focuses on larger political economy issues.
Many textile traders who were involved in the protest say they will vote for the BJP again because the Congress fielded an unknown candidate and was not able to win their confidence.
India’s new GDP series comes with an extremely odd seasonal variation in the growth of “financial, insurance real estate and professional services”, which in turn bolstered Q2 growth.
BHU’s Political Science students were asked to write essays on Kautilya, GST, Manu and globalisation in their examination.
Not only is the real rate of GDP growth less than what the data suggest, it is also likely to fall in the coming quarters.
India’s exports turned negative with a 1.1% drop in October. There is fear that it could fall further in November with exporters finding it difficult to comply with GST.
Rising prices, party due to the GST, caused both foreign and domestic demand to drop.
Numbers show the BJP has always dominated the top tier. The real story of their big loss in vote share lies in the bottom two tiers.
The precipitous drop in October exports shows that the feared GST-fuelled disruption of MSME supply chains has now started taking its toll on the country’s export performance.
While right-wing trade groups that support the ruling NDA government have enthusiastically campaigned for a boycott of Chinese products, demonetisation and the hasty roll-out of GST might have even caused a bump in imports.
The senior leader heading a faction of the JD(U) talks about how the Gujarat elections are likely to set the tone for the 2019 Lok Sabha polls, Nitish Kumar’s demand for quota for backward classes in the private sector and more.
The relevance of parliament as an institution of accountability has come into question.
Karan Thapar interviews Montek Singh Ahluwalia, former deputy chairman of the Planning Commission, about demonetisation, GST and the overall state of the Indian economy.
The note ban followed soon after by the new tax regime have hit the predominantly mercantile state hard, but the urban voters still cannot see themselves siding with the opposition.
On the first anniversary of demonetisation, economist Prabhat Patnaik speaks about why its stated objectives were not achieved, the role of GST and more.
The court also expressed unhappiness over the absence of any women in 31-member GST Council.
Contrary to what a recent New York Times article claims, the sari is not limited to a particular ideological group, religion or class and is, in fact, representative of India’s multiplicity.
While government is of the view that the nature of the tax reform required it to be a shock, implementing it in a phased manner could have helped avoid much of the disruptions being experienced.
The trade deficit widened to $14.02 billion last month from $8.98 billion in September.
The demand has been made following a finance ministry assessment on October 25 of the financial health of 14 state companies, including top miner NMDC Ltd and trading firm MMTC Ltd.
Infosys has said that the Confederation of All India Traders’ allegations are “completely inaccurate”.
“Apart from the high taxation rate, what is creating a lot of problems is that people in the trade are unable to understand the working of the new system.”
Thousands of semi-literate, mostly unskilled workers employed as tailors, packers and cutters in the textile industry – the second largest non-farm employer in India –have been hit hardest by demonetisation.
A simpler and lower rate of tax is what was needed to widen the country’s tax base substantially. This was totally missing in GST’s initial design.
While many say that GST and demonetisation have dealt a severe blow to their livelihoods, some still remain hopeful that the Modi government will take steps to address the fast deteriorating conditions.
The move, which is aimed at providing relief to consumers and businesses, will cost in a loss of Rs 20,000 crore in revenue.
The decision taken by the GST Council will have a revenue implication of Rs 20,000 crore annually.
We must have an exhaustive investigation of every minute aspect of this whole disastrous experience. This includes a government-led comprehensive one, resulting in a white paper or report tabled in Parliament.
The prime minister’s ‘rich versus poor narrative’, which helped sell demonetisation in its first few months, is collapsing in the face of devastation in the informal and formal sectors.
Speaking to The Wire, Kumar also defends the Modi government’s handling of GST, and its record on employment and GDP growth.
While the BJP is relying heavily on tech to fight against anti-incumbency sentiment, the Congress is hoping ‘Raja’ Virbhadra Singh’s charisma will see it through.
The World Bank report ranked India top among the South Asian nations.
Former finance minister P. Chidambaram talks about the Modi government’s handling of the GST, Robert Vadra, Karti Chidambaram, attacks on the opposition, Gujarat elections and more in an interview with journalist Swati Chaturvedi.
The petition contended there was apparent false information about GST and ‘Digital India’ in the Tamil film which would encourage people to indulge in tax evasion.
Other textile traders have also said that they are thinking about whether to continue supporting the BJP after facing huge losses due to the GST.
The West Bengal chief minister also asked her party leaders to begin a ‘black day’ campaign condemning demonetisation from November 8.
Vinod Dua comments on revenue secretary Hasmukh Adhia’s statement on the GST and Modi’s claim that he inaugurated the first Ro-Ro ferry service in India.
Prime Minister Narendra Modi accused the previous UPA government of using the environment plea to halt development along the Gujarat coastline.
Adhia said GST, which amalgamates more than a dozen central and state levies like excise duty, service tax and VAT, will take about a year to stabilise.
Successive governments have for decades discriminated against and neglected the handloom sector to favour mills and mechanised powerlooms.