GST Council

GST Council Context: The Goods and Services Tax (GST) Council on Saturday clarified tax provisions on items ranging from fryums to sport utility vehicles (SUVs) to reduce disputes. It also approved decriminalisation of some offences but could not find the time to discuss half its […]

Remittances to India – 2022

Remittances to India – 2022 Context: According to the World Bank’s most recent Migration and Development Brief, “Remittances Brave Global Headwinds,” remittances to India are expected to reach a record $100 billion in 2022. India received $89.4 billion in 2021, becoming the first nation to […]

Population Prospects

Population Prospects Context: The World Population Prospects 2022, a projection of anticipated trends in world population, was released by the UN Department of Economic and Social Affairs, Population Division, on July 11, World Population Day. According to the estimate, the world’s population, which was about […]

Dogged by inflation: On Price rise and policy measures

Dogged by inflation: On Price rise and policy measures #GS-03 Economy Context The recent release of  Government’s Index of Eight Core Industries for May, and S&P Global’s survey-based Purchasing Managers’ Index (PMI) have shown some concerns regarding the growth of India’s manufacturing industries.   For Prelims […]