India s Economic Diplomacy in South Asia msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
From trade to infrastructure development, India has a troubling habit of over-promising and under-delivering.
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April 22, 2021
In this June 29, 2017, file photo, containers are piled up at a terminal at the Jawaharlal Nehru Port Trust in Mumbai, India.
Credit: AP Photo/Rajanish Kakade
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Even though Indian Prime Minister Narendra Modi touts the vision of “
Sabka Saath, Sabka Vikas, Sabka Vishwas” (“everyone together, everyone’s development, everyone’s trust”), India has failed to deliver on its promises. Trade totals with South Asian neighbors remain low, many Indian infrastructure projects in the region are still incomplete, and its neighbors are disappointed with discrimination in aid. China, on the other hand, has extensively made inroads into the region. What are the significant issues hampering India’s economic diplomacy? Furthermore, why has India not been able to resolve its challenges?
C-ing through Pradhan Quack’s charade April 19, 2021, 2:59 PM IST
The author is a senior journalist and a political commentator.
It’s a double whammy for Mother India. First, the misdiagnoses five diseases aka 5Cs – corruption, casteism, communalism, cronyism and criminalism – as the reason for Indian democracy being on the ventilator.
Then his alter ego Mr Hyde starts playing politics by targeting vote-bank politics, a euphemism for minority baiting, as the root cause.
The jhola doctor is half right. Indian democracy is being slow poisoned by five Cs. First is Chicanery. Achhe din aanewale hai, Gujarat model of Vikas, Rs 15 lakh in every Indian’s account are just some of the jumlas used by the Deceiver-in-chief to gain control of the temple of democracy. The jumla factory keeps churning out new ones for every occasion. The slogan has expanded from Sabka Saath, Sabka Vikas to Sabka Saath, Sabka Vikas, Sabka Vishwas. But the o
Updated:
Overall net revenue grows 12.3%; excise and service tax revenue jumps 59%
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Revenue rebound: GST collections exceeded ₹1 lakh cr.in each of the last 6 months of FY21, the Ministry said. Nagara Gopal
Overall net revenue grows 12.3%; excise and service tax revenue jumps 59%
A jump in excise revenue helped lift net indirect tax collections by 12.3% in FY21 to ₹10.71 lakh crore, surpassing the Centre’s recently revised estimates, provisional data from the Finance Ministry showed on Tuesday.
Goods and Services tax (GST) collections for the full year fell 8% from ₹5.99 lakh crore in FY20 to ₹5.48 lakh crore, but the overall kitty was bolstered by a sharp spike in excise collections.
Indirect tax revenue up 12% in FY21, exceeds revised estimate
April 13, 2021
At ₹10.71-cr, mop up even crossed FY20’s 9.54-lakh cr
Indirect tax collection during FY21 exceeded not just the revised estimate, but the actual collection in FY20 as well, the Finance Ministry said on Tuesday.
“Provisional net indirect tax collections (GST and non-GST) for FY21 show growth of more than 12 per cent compared to actual revenue receipts in FY20. Net indirect tax collections represent 108.2 per cent of the revised estimates of ₹9.89-lakh crore of indirect taxes for FY21,” a statement issued by the Ministry said.
Revenue collection
The provisional figures showed that net revenue collections are at ₹10.71-lakh crore compared to 9.54-lakh crore for FY20. As regards customs, net tax collections stood at ₹1.32-lakh crore during the period under consideration against ₹1.09-lakh crore during FY20, a growth of around 21 per cent.