Monday morning news brief, Oct 30 2017

Monday morning brief Oct 30 2017
Good morning!
Here’s everything you need to know to start your day…
The level of emissions from fireworks fell by around 40% this Diwali as compared to 2016. A study by a govt agency concluded that, as a whole, the Diwali period (October 18-22) was the cleanest since 2014. The post-Diwali air had also been good as compared to last year as the smoke from stubble burning regions in Punjab and Haryana had not reached Delhi because of the wind direction. Read
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A panel has suggested a cut in GST for restaurants and a flat 1% tax for small businesses. A flat 12% GST for standalone AC and non-AC restaurants, and 18% for those located inside hotels has been suggested. Traders who opt to pay tax on total turnover will pay 0.5% tax. But those who segregate income from the non-exempted products will have to pay 1% tax on the sale of these goods.
The sale of khadi products shot up over 89% to Rs 814 crore during April-September 2017. PM Modi himself promoting khadi is believed to have helped in its resurgence. New initiates such as the launch of gift coupons and tie-ups with large chains and institutional sales have also helped. Combined sales of khadi and village industries will top Rs 50,000 crore during the current financial year.
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Rajasthan is unlikely to go forward with an ordinance that restricts registration of cases against serving and former officials. Senior BJP sources said the ordinance did not seem necessary and might have been avoided altogether. Given the less than enthusiastic response of the central leadership, the Rajasthan government may consider the option of withdrawing the ordinance or just allowing it to lapse.
Cricketers are getting 8% of BCCI’s gross revenue as salaries and bonuses, while they eligible to receive 26%. The 26%, according to a 2001 understanding, was to be split three ways- 13% for international players, 10.6% for domestic players and the rest for women and juniors. However, sources said BCCI doles out 70% of its gross revenue to state associations and pays players 26% of the remaining 30%, amounting to just 8% of the gross revenue.
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