Even after slowdown in industrial activity, the Government
managed to collect more than ₹1 lakh crore plus in May. This is third
consecutive month of ₹1 lakh crore plus mobilization. However, collection in
May was lower than all-time high of April.
The growth in revenue collection has come at a time when
industrial production has slowed down. Growth rate in Core sector (comprising of
eight industrial sectors, steel, coal, electricity, cement, Refinery production,
crude oil, natural gas and fertiliser) dropped to 2.6 per cent in April.
These eight sectors together comprise of over 40 per cent in
Index of Industrial Production (IIP), which reflects performance of overall
industry. April figure for IIP to be released on June 12 while it turned
negative in March.
The revenue in May, 2018 was ₹ 94,016 crore and the revenue
during May, 2019 is a growth of 6.67 per cent over the revenue in the same month
last year. The revenue in May 2019 is 2.21 per cent higher than the monthly
average of GST revenue in FY 2018-19 (₹ 98,114 crore).
An amount of ₹ 18,934 crore has been released to the states as
GST compensation for the months of February-March, 2019.
The Centre has clarified that it has not taken any decision
on the three-language system as suggested in the draft New Education Policy
(NEP) prepared by a panel headed by eminent scientist K Kasturirangan.
In a statement issued yesterday, Human Resource Development
Ministry said, this is a draft policy submitted by the committee and is placed
for the views of the general public. The HRD ministry said, the final decision
will be taken after consulting state governments and getting feedback from the
Union HRD Minister Ramesh PokhriyalNishank also clarified that
it is just a recommendation and not a government policy. He said Prime Minister
NarendraModi has already said that no particular language will be imposed on any
Mr Nishank said it is just a draft and government will be
collecting information from various states and then it will have further
Information and Broadcasting Minister PrakashJavadekar also said
that Modi government has always promoted all Indian languages and there is no
intention of imposing any language on anybody.
The committee led by former ISRO Chief K Kasturirangan submitted
the draft education policy to the HRD Minister on Friday.