Centre to retain GST on concentrators
The Hindu
Delhi High Court pushes back, saying that the government should review its resistance at such a time
The Central government should review its resistance to exempting theimported for personal use, the observed on Thursday after the Finance Ministry conveyed its inability to accept the Court’s order issued on Wednesday. A High Court Bench of Justices Rajiv Shakdher and Talwant Singh also critiqued the Centre’s PR exercise amidst the pandemic, and mooted that it was time to be more humane, while mentioning that even President Joe Biden had dropped the U.S. administration’s resistance to intellectual property waivers for COVID-19 vaccines after “good sense prevailed”. The petitioner in the case, a senior citizen whose nephew had shipped him a concentrator as a gift, had challenged a May 1 notification that levied 12% GST on such imports from 28% earlier. He invoked Article 21 of the Constitution, which enshrines the fundamental right to life.![](/newspic/picid-1269750-20250211011510.jpg)
The Union Budget unveiled on February 1, 2025, has come at a time of unprecedented global uncertainty and a flagging domestic economy. The real GDP growth is estimated at 6.4% for 2024-25 and between 6.3-6.8% for 2025-26, a far cry from >8 percent growth required annually to make India a developed nation by 2047. While much attention has been devoted to the demand stimulus through income tax cuts, not enough is said about the proposed reforms in urban development, tariff rationalisation, and regulatory simplification aimed at making Indian cities and corporates more competitive. Since the majority of economic activity is located in cities (urban areas account for ~55% of GDP) and produced by large corporates (~40% of the national output and 55% of India’s exports), the above-mentioned reforms have a pivotal role in improving India’s trend growth rate. Below we unpack each reform.