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GST 2 Reforms: No Question Of Paying For States' Loss, Says FM
At the GST Council Meeting, finance minister Nirmala Sitharaman bust the myth that the Centre would continue to prop up states for revenue loss while rolling out GST reforms. The minister who had at the start of her media briefing thanked every member state for making it possible to roll out the two slab  GST — 5 % and 18 % — made it clear that as far as “loss of revenue” was concerned it wouldn’t be just the states that would lose revenue, even  the Centre would see a drop in earnings. “The Centre may be a one-third partner. The states put together can be two-thirds partners. But we are all in it together. So, anything that is gained or lost is for everybody. It’s not as if states have lost. If all of us have lost, all of us have lost…In the GST Council, the Centre and the states are together in it. Nobody is a donor and nobody is a done…” The new GST slab would be effective from September 22, the first day of Navratri. Sin goods will continue at the existing rates of 28% GST and compensation cess, where applicable, till the loan and interest payment obligations under the compensation cess account are completely discharged. Once it is cleared it will be40% GST for sin goods. All states unanimously voted in favour of GST rationalisation, as the collective intent was to provide relief to common man. When mocked about the 40% tax on sin goods by the Congress, Sitharaman couldn’t help asking if the Congress was demanding 5% GST on tobacco and gutkha?  She pointed out how the Congress could not implement GST while in office as it was not trusted by anyone.
DEvendra_015
Fadnavis Emerges Stronger Post Challenge Thrown By Maratha Agitation
Maharashtra chief minister Devendra Fadnavis has emerged unscathed and stronger post the Maratha agitation that disrupted Mumbai and challenged his leadership. The Maratha stir for reservations was seen as an attempt to embarrass Fadnavis’ government and it did falter badly initially attracting even the ire of the Mumbai High Court. The Maratha stir did test the Mahayuti government’s resilience, its stability and coalition strength as fears arose about the stir being pitchforked to destabilise Fadnavis government on the verge of upcoming local self-government polls. The chief minister seemed to lack vocal support from his own coalition partners who clearly chose to weigh in with the politically influential Maratha lobby. The Opposition too was unsparing with its jibes. Supriya Sule of the NCP-SP chided him for having broken her party and her family, while Sharad Pawar kept pushing the ball to the Centre recommending amendments. But, Fadnavis managed to end the stir, bring Mumbai back to normalcy and save his own leadership by giving away very little; the demanded government resolution may not withstand legal scrutiny, suggest legal hawks. Fadnavis may have faltered in handling the stir but he did manage to end it well on his own terms. He refused to meet the agitators and went about attending to Amit Shah on his two-day visit, attending to his duties and even visiting Ganesh pandals in Mumbai during the stir. Fadnavis managed to take the credit for facilitating reservations for the Marathas while his Maratha deputies were relegated to the sidelines. While giving up his fast, Manoj Jarange Patil meekly did mention his wish to withdraw stir in front of the CM and two deputy CMs. He gave in after realizing the government was in no further mood to entertain him.

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Editor’s Note: Short Post Noticed By People Who Matter

Four years have zipped by and we are crossing another milestone on 31st January 2025 – it’s our 4th Anniversary. It feels good.
Looking back at the 1460 days, I must say Short Post has made its mark with people who matter via 4000 stories published in the areas of politics, business, entertainment and sports. All made possible by the unflinching commitment and dedication of our senior editors, most of whom have been part of this journey from Day One.
Small pack, big impact is in essence the story of Short Post which was launched at the height of the Covid-19 pandemic in 2021. It shows our conviction. In all humility, I can say, we have created a new niche in the news segment space like Hindustan Unilever which created a new segment, when it launched CloseUp Gel.
Yes, we have created a brand (in a limited sense), created demand (readers) and created supply (senior journalists). But we are facing teething problems like all start-ups. What makes us happy and confident is the recognition of our efforts. For instance, we have an arrangement with the OPEN Magazine, part of the $4.5 billion Kolkata-based Sanjiv Goenka-RPG Group. This arrangement sees around 10 Short Post stories posted on OPEN Magazine website every week. This arrangement is testimony that our content has been well received! Also, I may add that the Maharashtra government has recognised Short Post and has allowed our senior editor to cover the Assembly sessions. Ditto: Odisha.
Our goal is to ensure that Short Post becomes a habit. I would like people to keep checking their smartphones to know the latest Authentic Gossip. As regards AI and the fear of it disrupting all businesses including media. On that, personally, I have no such fear as I am confident AI cannot smell news particularly Authentic Gossip. That’s the place we are well entrenched.