The Things You Should Know

  As per the data released by Ministry of Statistics & Programme Implementation, India's retail inflation for the month of March rises to   6.95 percent (Base 2012 = 100)  from previous month's 6.07 percent.  Inflation in rural area is recorded at  7.66  percent  against previous month's  6.38  percent   and in urban area CPI (Consumer Price Index) is recorded at  6.12  percent  against previous month's  5.75  percent . Stay tuned for more updates. Feel free to comment. This blog is now on  Telegam . For reports on Economics, Current Affairs and more, subscribe this blog on  Telegam .

Ministry of Finance has released the data of gross GST revenue collection for the month of January on 31st of January.  The gross GST revenue collected in the month of January 2022 is  ₹ 1,38,394 crore   of which CGST is   ₹ 24,674 crore , SGST is   ₹ 32,016 crore , IGST is   ₹ 72,030 crore   (including ₹ 35,181 crore collected on import of goods) and Cess is   ₹ 9,674 crore   (including ₹ 517 crore collected on import of goods). The government has settled  ₹   29,726 crore to CGST and   ₹   24,180 crore to SGST from IGST as regular settlement. In addition, Centre has also settled  ₹   35,000 crore of IGST on ad-hoc basis in the ratio of 50:50 between Centre and States/UTs in this month. The total revenue of Centre and the States in the month of January 2022 after regular and ad-hoc settlements is   ₹   71,900 crore for CGST and   ₹   73,696 crore for the SGST. Centre also released GST co...

As per the data released by Ministry of Statistics & Programme Implementation, India's retail inflation for the month of December rises to   5.59 percent (Base 2012 = 100)  from previous month's 4.91 percent.  Inflation in rural area is recorded at  5.36  percent  against previous month's  4.29  percent   and in urban area CPI (Consumer Price Index) is recorded at  5.83  percent  against previous month's  5.54  percent . Stay tuned for more updates. Feel free to comment. This blog is now on  Telegam . For reports on Economics, Current Affairs and more, subscribe this blog on  Telegam . You may also like to Read: NITI Aayog Releases National Multidimensional Poverty Index | Kerala having least poor population and Bihar poorest in MPI http://politoeconomy.blogspot.com/2021/11/niti-aayog-releases-national.html Wholesale Inflation rises to 14.23% in November | Remains in double digit for the 8th straigh...

Ministry of Finance has released the data of gross GST revenue collection for the month of December on 1st of January.  The gross GST revenue collected in the month of December 2021 is  ₹ 1,29,780 crore   of which CGST is   ₹ 22,578 crore , SGST is   ₹ 28,658 crore , IGST is   ₹ 69,155 crore   (including ₹ 37,527 crore collected on import of goods) and Cess is   ₹ 9,389 crore   (including ₹ 614 crore collected on import of goods). The government has settled ₹25,568 crore to CGST and ₹ 21,102 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of November 2021 is ₹ 48,146 crore for CGST and ₹ 49,760 crore for the SGST. The revenues for the month of   Decem ber 2021 are 13% higher  than the GST revenues in the same month last year and 26% over December 2019. During the month, revenues from import of goods was 36% higher and the revenues from domestic transact...

As per the data released by Ministry of Statistics & Programme Implementation. India's retail inflation for the month of November rises to   4.91 percent (Base 2012 = 100)  from previous month's 4.48 percent.  Inflation in rural area is recorded at  4.29  percent  against previous month's  4.07  percent   and in urban area CPI (Consumer Price Index) is recorded at  5.54  percent  against previous month's  5.04  percent . Stay tuned for more updates. Feel free to comment. This blog is now on  Telegam . For reports on Economics, Current Affairs and more, subscribe this blog on  Telegam . You may also like to Read: NITI Aayog Releases National Multidimensional Poverty Index | Kerala having least poor population and Bihar poorest in MPI http://politoeconomy.blogspot.com/2021/11/niti-aayog-releases-national.html Wholesale Inflation rises to 14.23% in November | Remains in double digit for the 8th straigh...