GS 2- Development processes and the development industry - the role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders
Context: A collaborative effort of markets and the Government leads to development of a country. Engaging with communities and non-state informal institutions is as important as working with the Government machinery.
Way Forward
GS 3- Economy, GS 2- Centre-state relations
Context: Ahead of the 46th meeting of the GST Council, Finance Ministers of several States at a pre-Budget interaction with the Union Finance Minister demanded that the GST compensation scheme be extended beyond June 2022, when it is set to expire.
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The Hindu Editorial Analysis- 4th January, 2022
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Shortfall for the Current Fiscal Year Ending on March 31
Can the Deadline be Extended?
969 docs|678 tests
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1. What is the role of NGOs, government, and corporates in aiding governance? | ![]() |
2. What is the GST payment due to states and why are several states demanding a continuation of the compensation beyond June 2022? | ![]() |
3. How can the synergy between NGOs, government, and corporates contribute to development? | ![]() |
4. What are the challenges faced by states in implementing the GST? | ![]() |
5. How does the GST compensation benefit states? | ![]() |