3 Ideas For 4 Countries Hunting for Chips

News: Quad Leaders’ Summit meeting is being hosted today. One agenda item will be to announce a concrete action plan under the Semiconductor Supply Chain Initiative. The goal of the Semiconductor Supply Chain Initiative is to strengthen the global semiconductor supply chain’s productive capacity and resilience. Why Quad is focusing on the semiconductor supply chain?… Continue reading 3 Ideas For 4 Countries Hunting for Chips

States must follow Centre’s fuel tax cuts

News: Government has announced lowering excise duties on petrol and diesel as well as offering a subsidy for LPG cylinders. States must also reduce the taxes on oil. The combined impact of tax cuts will provide much-needed relief to stressed household budgets and small business balance sheets. Because unlike previous inflationary pressure, that took place… Continue reading States must follow Centre’s fuel tax cuts

Let’s keep GST good and simple

Context: The Supreme Court ruled on May 19th that the recommendations of the Goods and Services Tax (GST) Council only have persuasive value, and cannot be binding on the Centre and states. It should be noted that the case – Union of India vs Mohit Minerals Pvt Ltd – was dealing with the levy of… Continue reading Let’s keep GST good and simple

Putin’s Made India The Swing State In Geopolitics

News: Currently, The Russia-Ukraine War is ongoing. And the Prime Minister of India is going to attend the Quad summit in Tokyo next week. What are the developments in the Russia-Ukraine war? Although Ukraine may never become a NATO member, it is being strongly supported by the Western countries. Sweden and Finland formally applied to… Continue reading Putin’s Made India The Swing State In Geopolitics

Objection milords: SC’s GST Council ruling is an overreach and can be hugely disruptive. GoI should file review petition

News: A Supreme Court Bench in a judgment has said that the recommendations of the Goods and Services Tax (GST) Council were not binding on the Central and state governments. In the five years since GST has been rolled out, the GST Council has been the decision-making body on all key matters such as tax… Continue reading Objection milords: SC’s GST Council ruling is an overreach and can be hugely disruptive. GoI should file review petition

GST Council recommendations not binding on government: SC

What is the News? The Supreme Court has ruled that the recommendations of the GST council are not binding on the Union and the State Governments. What are the key highlights from the Supreme Court judgment on GST? Firstly, the recommendations of the GST Council are the product of a collaborative dialogue involving the Union… Continue reading GST Council recommendations not binding on government: SC

Help Afghans 

News: At present, the four-day meeting of the Shanghai Cooperation Organisation’s Regional Anti-Terrorist Structure is being organized in Delhi, India.   Importance of the meeting  At present the global attention has been shifted to the Ukraine war, sanctions and their economic impact. Therefore, the US has abandoned Afghanistan to the Taliban. Therefore, SCO’s RAT member countries,… Continue reading Help Afghans 

PM Modi’s recent Nepal visit saw a successful deployment of India’s soft power to repair bilateral ties

Context: Indian Prime Minister’s recent visit to Lumbini (Nepal) on Buddha Poornima. What is the significance of the visit? This visit assumes significance since the two countries should have had the best relationship in South Asia, but have been unable to capitalise on their connections, caught in the crossroads of Nepalese internal politics. It also… Continue reading PM Modi’s recent Nepal visit saw a successful deployment of India’s soft power to repair bilateral ties

Lancet Planetary Health Report: ‘At 2.4 million in 2019, India led world in pollution deaths’

What is the News? The Lancet Commission on Pollution and Health has published “The Lancet Planetary Health Report”. What are the key highlights from the report? Global findings Pollution was responsible for 9 million premature deaths in 2015 making it the world’s largest environmental risk factor for disease and premature death.  Ambient air pollution accounted… Continue reading Lancet Planetary Health Report: ‘At 2.4 million in 2019, India led world in pollution deaths’