By : Sabatini Chatterjee and Satyaki Paul On July 01, 2017 the Goods and Services Tax (GST) was implemented through the 101 Constitutional Amendment. The then Finance Minister was Shri Arun Jaitley. The date July 01, 2021 now has been designated by the Union Government as “GST Day”, which is celebrated every year to […]
Continue ReadingBy : Sabatini Chatterjee Recently, the Left Democratic Front (LDG) government of Kerala has passed a notification to acquire land for its Silver Line Project. This is considered as Kerala’s flagship semi high-speed railway project aimed at reducing travel time between the state’s southern end and state capital Thiruvananthapuram with its northern end of Kasaragod. […]
Continue ReadingBy : Satyaki Paul The Left Democratic Front (LDF) election manifesto and the pervious budget contained an agenda to ease the burden of the housewives. This scheme shall be introduced by the Kerala State Financial Enterprises (KSFE) through Smart Kitchen Project wherein small soft funds will be provided to the housewives to purchase household products […]
Continue ReadingBy : Satyaki Paul In September 2020, the Jharkhand Government had initiated the Phoolo-Jhano Ashirwad Abhiyan for rehabilitating women selling unregulated liquor and counselling them to adopt an alternative business source. The state government had initiated a process to provide Rs. 10,000 rupees collateral free loan to start-up small business. In the tribal belts of […]
Continue ReadingBy : Satyaki Paul The crude oil prices are on the incline after the negative costs of barrel in the last year due to COVID19 pandemic. The Brent crude is currently at $71 from $52 due to economic recoveries of countries across the world as well as due to cuts made by OPEC countries, Russia, […]
Continue ReadingBy : Satyaki Paul On June 2, 2021 the Union Cabinet chaired by PM Modi approved the new Model Tenancy Act (MTA), 2021. The Union Budget 2019-20 first proposed the necessity for bringing out a new Tenancy Act to safeguard the interests of both landlords as well as the tenants, so that an affordable rental […]
Continue ReadingBy : Satyaki Paul On June 11, 2021 the State Bank of India launched “KAVACH Personal Loan” for individuals affected with coronavirus. The aim of the scheme is to provision collateral free personal loans to tackle medical expenses emerged due to treatment of COVID19 patients. This scheme will enable individuals to take up loans up […]
Continue ReadingBy : Satyaki Paul The year 2020 will recorded as the dark past in our minds with horrors of the first wave of COVID19 Pandemic. To curtail such event numerous lockdown measures were imposed by various state governments. This resulted in decline of our Indian economy in a worst-ever condition since our dismal condition of […]
Continue ReadingBy : Satyaki Paul On May 31 2021, National Statistical Office (NSO) announced that India’s Gross Domestic Product (GDP) has declined by 7.3% in the fiscal year of 2020-21. This is a subset of NSO’s provisional National Income estimates which is marginally better than former year at 8% in the fiscal year of 2019-20. Preceding […]
Continue ReadingBy : Sabatini Chatterjee Recently, the Indian e-commerce industry has seen swift growth in the last few years, and it is expected to become the second largest e-commerce market in the world by 2030. Such developments are being driven by a young demographic profile (demographic dividend), increasing internet penetration and relative better economic performance of […]
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