Page 12 - Government
FM defends handling of inflation, says GST regime hasn't raised tax burden
In Rajya Sabha, Sitharaman said GST tax on food items such as rice, wheat flour and curd was agreed to by all states and that such a levy pre-existed on one or the other daily essentials in 22 states
 "FM defends handling of inflation, says GST regime hasn't raised tax burden")
SC seeks govt response on pleas against extended term for ED director
A Bench of Chief Justice of India N V Ramana and Justices Krishna Murari and Hima Kohli has posted the matter for next week.
 "SC seeks govt response on pleas against extended term for ED director")
China seals off iPhone maker, CNOOC in Shenzhen to battle Covid-19
The lockdown comes as China narrowly escaped an economic contraction in the June quarter, when a series of rolling lockdowns shut businesses nationwide, eroded employment and hurt consumer spending
 "China seals off iPhone maker, CNOOC in Shenzhen to battle Covid-19")
PM KISAN Yojana: List of documents required to receive the 12th installment
To avail of the benefits under PM KISAN Yojana, the farmer family must present the required documents before the state government
 "PM KISAN Yojana: List of documents required to receive the 12th installment")
IGNOU June term end exam begins on July 22; check all the details here
IGNOU has released the hall tickets on July 20 which is available on the official site ignou.ac.in
 "IGNOU June term end exam begins on July 22; check all the details here")
Rupee fall likely to hit govt finances with ballooning subsidy bill
The finance ministry has hinted that India's fertiliser subsidy bill for 2022-23 (FY23) could rise to around Rs 2.5 trillion against Budget Estimates (BE) of Rs 1.05 trillion
 "Rupee fall likely to hit govt finances with ballooning subsidy bill")
United Opposition stalls proceedings over 'unparliamentary' GST hike
Says govt running away from discussion in Parliament on price rise, Rs
 "United Opposition stalls proceedings over 'unparliamentary' GST hike")
Arvind Kejriwal's Delhi model beats BJP's Gujarat model on every parameter
A 17-member delegation from Gujarat would have found that the Delhi aces it on key welfare parameters
 "Arvind Kejriwal's Delhi model beats BJP's Gujarat model on every parameter")
KKR India advisor, TCS CEO among 29 members inducted in Board of Trade
The Board, chaired by commerce and industry minister Piyush Goyal, advises the government on policy measures to improve the country's foreign trade
 "KKR India advisor, TCS CEO among 29 members inducted in Board of Trade")
Gender Gap Index 2022: India slips on income measures, shows data
The country performed better on education and health parameters. Political representation has been a mixed bag
 "Gender Gap Index 2022: India slips on income measures, shows data")
'Right to Repair': Soon, consumers & third-party vendors may fix products
Committee identifies farming equipment, cell phones, consumer durables among sectors for policy
 "'Right to Repair': Soon, consumers & third-party vendors may fix products")
Centre wants to create framework for PPP in farm sector: Agriculture Secy
Manoj Sinha said work on the framework is ongoing, private players are encouraged to share their inputs
 "Centre wants to create framework for PPP in farm sector: Agriculture Secy")
India should be broadly aligned with the West: Financial Times' Martin Wolf
In a Q&A, Martin Wolf, chief economics commentator at Financial Times warns that big problems are emerging due to relatively weak investment in the private sector
 "India should be broadly aligned with the West: Financial Times' Martin Wolf")
National emblem: Govt made the lions 'angry', 'full of angst', says Oppn
Opposition members and activists accused the government of distorting the national emblem by replacing the "graceful and regally confident" Ashokan lions
 "National emblem: Govt made the lions 'angry', 'full of angst', says Oppn")
Govt unearths leakages of Rs 100 crore in urea usage in two months
Per year, about 1-1.2 million tonnes of urea meant for farming gets diverted towards industrial use, say officials
 "Govt unearths leakages of Rs 100 crore in urea usage in two months")
Recovery tracker: Mobility up, power generation dips as Covid cases rise
Number of flights declined; Indian Railways carried more goods, traffic on Delhi roads eased
 "Recovery tracker: Mobility up, power generation dips as Covid cases rise")
Bitcoin is more likely to hit $10,000 than $30,000, finds MLIV Pulse survey
This sector remains a polarizing one: while some 28% of the overall respondents expressed strong confidence that cryptocurrencies are the future of finance, 20% said they're worthless.
 "Bitcoin is more likely to hit $10,000 than $30,000, finds MLIV Pulse survey")
Govt moots regulation of e-pharmacies, trial mishap penalties in new bill
Also, for the first time, regulations for conduct of clinical trials for new drugs and medical devices have been brought under the draft New Drugs, Medical Devices and Cosmetics Bill, 2022
 "Govt moots regulation of e-pharmacies, trial mishap penalties in new bill")
Govt issues corrigendum to withdraw excise on ATF for international flights
Indian Oil had begun levying 11% duty following a govt notification; ATF accounts for 40% of an airline's operating expenses
 "Govt issues corrigendum to withdraw excise on ATF for international flights")
Punjab power subsidy at multi-year high, other sops in focus in new budget
Punjab's new budget promises sops that may delay the state's date with fiscal prudence
 "Punjab power subsidy at multi-year high, other sops in focus in new budget")
