MP, Punjab, Tamil Nadu—Universal Income Scheme catching with states
After Madhya Pradesh and Punjab, Tamil Nadu has become the latest state to implement the scheme to a targeted section of women.
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Centre asks states, UTs to keep medical oxygen infra ready to face Covid-19 surge
The health ministry has asked states and UTs to ensure availability of liquid medical oxygen in the health facilities and uninterrupted supply chain for their refilling.
Can States Afford Doles?
Finances of states have deteriorated sharply since onset of Covid-19. The rising freebie culture will make things worse.
Rise Of India's Gas Economy
India is spending an astounding ₹3 lakh crore in nationwide pipelines, LNG terminals, city gas distribution and exploration to wean the nation away from coal to gas.
States' exports jump 3 times with One District One Product scheme: SBI
Services exports should be given a more prominent place under ODOP-DEH, says SBI Research
States' revenue may grow a modest 7-9% this fiscal: CRISIL
The biggest impetus to revenue growth will come from aggregate state GST collections.
After Centre's infra push, now state capex up 36% in FY23
The Union Budget had provided a 35.4% increase from ₹5.54 lakh crore in 2021-22 to ₹7.5 lakh crore in 2022-23 in capex allocations early this year.
Revenue shock to hit state capex as GST compensation ends
With stagnated "own tax revenue", states face double whammy as GST compensation on which they continued capex push had ended and Centre's tax collection is set to dip in FY23.
GST unlikely to boost tax revenue of states: India Ratings
The data available so far does not instil confidence with respect to GST achieving or is on course to achieve its key objectives, says India Ratings & Research.
GST Council recommendations not binding on Centre, states: SC
A bench, headed by Justice DY Chandrachud, held that the parliament and state legislatures have simultaneous powers to legislate on Goods and Service Tax (GST).
