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11 Apr 2024
Recently, Delhi Chief Minister and some other leaders are behind bars because of corruption charges against them in liquor policy for Delhi.
| Relevance For Prelims: Health, Role Of Government In Health, Goods And Services Tax (GST), Taxation In India, and Excise Duty On Industrial Alcohol.
Relevance For Mains: Issues with Liquor Laws in India. |
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To cut red tape and encourage a more positive economic and social climate, licence requirements for the sale and consumption of alcoholic beverages in public areas should be made simpler.
| Prelims PYQ (2017):
What is/are the most likely advantages of implementing ‘Goods and Services Tax (GST)’? 1. It will replace multiple taxes collected by multiple authorities and will thus create a single market in India. 2. It will drastically reduce the ‘Current Account Deficit’ of India and will enable it to increase its foreign exchange reserves. 3. It will enormously increase the growth and size of economy of India and will enable it to overtake China in the near future. Select the correct answer using the code given below: (a) 1 only (b) 2 and 3 only (c) 1 and 3 only (d) 1, 2 and Ans: (a) |
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| Mains Question: Discuss the rationale for introducing Goods and Services Tax (GST) in India. Bring out critically the reasons for the delay in roll out for its regime. (200 words, 10 marks) |
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