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.
Finances of states have deteriorated sharply since onset of Covid-19. The rising freebie culture will make things worse.
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.
Services exports should be given a more prominent place under ODOP-DEH, says SBI Research
The biggest impetus to revenue growth will come from aggregate state GST collections.
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.
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.
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.
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).
States like Maharashtra, West Bengal, Telangana, Andhra Pradesh, Tamil Nadu, Kerala, and Jharkhand didn't reduce VAT on petrol and diesel in November last year.
