logo
John Matthai: The values of service revisited in fresh perspective

John Matthai: The values of service revisited in fresh perspective

In Epilogue, however, Mr Dadabhoy chooses to dwell on Matthai's children and their achievements. In a biography of John Matthai, Epilogue should have been on his larger legacy in public policymaking
Premium
A K Bhattacharya
Listen to This Article
HONEST JOHN: A Life of John Matthai
by Bakhtiar K Dadabhoy
Published by Penguin
XXIV+396 pages ₹999
John Matthai had many unique distinctions. He was India's only post-independence finance minister who had also held that responsibility in the interim government, formed before the country gained freedom. As finance member in Viceroy Wavell's Executive Council, Matthai took some important decisions such as abolishing the notorious salt tax, levying an export duty on cotton and removing price controls on jute and jute goods.
But in less than two months, he had to make way for Liaquat Ali Khan of the Muslim League, which belatedly
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Non-classified hotels seek 3-star licence fee relief in Andhra Pradesh
Non-classified hotels seek 3-star licence fee relief in Andhra Pradesh

The Hindu

time13-08-2025

  • The Hindu

Non-classified hotels seek 3-star licence fee relief in Andhra Pradesh

The Andhra Pradesh Hotels and Restaurants Association has urged the State government to extend the benefits of issued on April 26, 2025, to non-classified hotels operating bar and restaurant facilities. A delegation led by the association president Parvathaneni Ravi Kumar, zonal president Krishna Mohan, and Executive Committee members Veeramachaneni Hemanth Kumar and Ilapuram Raja met GAD and Revenue–Excise Principal Secretary Mukesh Kumar Meena at the Secretariat on Wednesday. They pointed out that while the order currently applies only to 3-star and above hotels, many non-classified establishments match them in size, amenities, and service quality. Such hotels, they said, employ thousands of people, serve lakhs of customers annually, and contribute significantly to State tax revenues. Several have also invested heavily in clean, safe infrastructure and upgraded facilities in line with the government's vision for world-class hospitality. However, these establishments continue to be classified as standalone 2B bars, subject to high licence fees and restrictive conditions. The delegation proposed extending the same ₹25 lakh annual licence fee structure applicable to 3-star hotels to eligible non-classified hotels, along with automatic licence renewal or exemption from the lottery system. Mr. Meena assured them that the proposal would be examined for possible consideration.

After 125% tariffs, tit-for-tat moves: Why Trump announced 90-day pause on China duties
After 125% tariffs, tit-for-tat moves: Why Trump announced 90-day pause on China duties

Hindustan Times

time12-08-2025

  • Hindustan Times

After 125% tariffs, tit-for-tat moves: Why Trump announced 90-day pause on China duties

In a policy shift, US President Donald Trump on Monday announced a postponement of the planned hike in tariffs on Chinese goods, just hours before the trade truce between Washington and Beijing was set to end. Chinese President Xi Jinping at the Kremlin in Moscow on May 8, 2025 and US President Donald Trump at US Steel - Irvin Works in West Mifflin, Pennsylvania, May 30, 2025. (AFP) The White House's halt on steeper tariffs will be in place until November 10. "I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days," Donald Trump wrote on his Truth Social platform. Earlier this year, Washington and Beijing imposed increasingly steep tariffs on each other's goods, pushing them to crippling triple-digit rates and disrupting trade. However, in May, both sides agreed to scale them back temporarily. So, why did Donald Trump change his mind? In the executive order posted Monday to its website, the White House reiterated its position that there are 'large and persistent annual US goods trade deficits' and they 'constitute an unusual and extraordinary threat to the national security and economy of the United States.' The order acknowledged Washington's ongoing discussions with Beijing "to address the lack of trade reciprocity in our economic relationship" and noted that China has continued to 'take significant steps toward remedying' the US complaints, news agency AFP reported. Here's the timeline on the development of US-China trade war this year: January 21: A day after taking office, Donald Trump threatened 10% penalty on Chinese imports, citing fentanyl flowing from China. February 1: Trump imposed 0% on goods from China along with 25% on Mexico and Canada, demanding they curb the flow of fentanyl and illegal immigrants into the US. February 4: In a tit-for-tat move, China responded with a wide range of measures targeting US businesses, including Google, farm equipment makers and the owner of fashion brand Calvin Klein. Beijing also slapped levies of 15% on imports of US coal and LNG and 10% for crude oil and some autos, beginning February 10. It also restricted exports of five metals used in defence, clean energy and other industries. March 3: The US doubled fentanyl-related tariffs on all Chinese imports, increasing levies to 20%, effective March 4. March 4: China hit back with 10-15% retaliatory levies on US agriculture exports, affecting about $21 billion in US exports. Beijing also imposed export and investment curbs on 25 US firms, on grounds of national security and banned imports of genetic sequencers from US medical equipment maker Illumina. April 2: Trump escalated global trade friction with sweeping "liberation day" tariffs, announcing a baseline 10% across all imports and significantly higher duties on some countries. Trump levies 34% on all Chinese goods, took effect on April 9. The Trump administration also decided to end duty-free access for low-value shipments from China and Hong Kong, known as "de minimis" exemptions, from May 2. April 4: China announced retaliatory tariffs of 34% on all US imports from April 10 and export curbs on some rare earths. It imposed restrictions on about 30 US organisations, mostly in defence-related industries. Beijing also suspended sorghum, poultry and bone meal shipments from some US firms. April 8: The US raised tariff on all Chinese imports to 84% from 34%. April 9: China raised its levies on US imports to 84% too, and added 12 US companies to a control list that prohibits exports of dual-use items and another six to its "unreliable entities" list, which allows Beijing to take punitive actions against foreign entities. The US further hiked tariffs on Chinese imports to 125% from 84%. China later on the day issued risk warnings to its citizens against travelling to the US. April 10: China announced it would immediately restrict imports of Hollywood films. April 11: China also raised levies on imports of US goods to 125%, dismissing the Trump tariff strategy as 'a joke' and indicated it will ignore any further US 'numbers game with tariffs'. May 10-12: Beijing and Washington held high-stakes trade talks over the weekend in Geneva. Both sides released a joint statement agreeing to a 90-day pause on their steep tariffs. The temporary truce meant US tariffs on China would fall to 30% from 145%, while China tariffs on the US drop to 10% from 125%. China also committed to removing non-tariff countermeasures imposed against the United States since April 2. May 28-29: The US said will start "aggressively" revoking visas of Chinese students. It also ordered a broad swathe of companies to stop shipping goods covering semiconductors, design software and aviation equipment to China. June 5: Chinese President Xi Jinping and Trump held an hour-long phone call. June 9-10: The US and China held a new round of trade talks in London and reach a framework agreement. July 6: Trump threatened an additional 10% tariff on countries he said were aligning themselves with the "Anti-American policies" of BRICS, which includes China. July 28-29: The US and Chinese officials agreed to seek an extension of their 90-day tariff truce after two days of talks in Stockholm. Both sides described the talks as constructive, but no major breakthroughs were announced. August 8: The US started issuing licenses to Nvidia to export its H20 chips to China. August 11: The US and China extended their tariff truce for another 90 days. (With inputs from agencies)

ECI's neutrality questionable; Opposition wants discussion in Parliament: Gaurav Gogoi
ECI's neutrality questionable; Opposition wants discussion in Parliament: Gaurav Gogoi

The Hindu

time03-08-2025

  • The Hindu

ECI's neutrality questionable; Opposition wants discussion in Parliament: Gaurav Gogoi

Senior Congress leader Gaurav Gogoi on Sunday (August 3, 2025) alleged that the neutrality of the Election Commission is questionable, which is why the Opposition parties want a discussion on the revision of the voter list in Parliament. Also Read | SIR exercise is 'an insult to migrant workers and gross interference in right of electorate in T.N.': Chidambaram Speaking to reporters before the start of the Extended Executive Meeting of the Assam unit of the Congress, Mr. Gogoi, who is also the deputy leader of the party in Lok Sabha, questioned the BJP-led central government's decision not to allow a discussion on the ECI even though the Chief Election Commissioner is appointed by it. "Today, there is a question mark in the minds of the people regarding the neutrality of the EC. That is why we want a discussion in Parliament. The government is trying to hide something. What is it? Is it their manipulation in the last assembly polls and Lok Sabha election?" the Assam Congress chief asked. Also Read | Suvendu Adhikari claims 1 crore 'Rohingya, Bangladeshi, fake voters' present in Bengal, urges ECI to take action Gogoi said the Opposition wants an open discussion in Parliament regarding the voter list, which is being revised in Bihar. 'The common people should know the status of their voting rights and details of polling stations. We want a discussion on this, but the government is saying they cannot discuss the matter.' said Mr. Gogoi "Their logic is that the Election Commission is not related to any department. This is an absurd logic because the Chief Election Commissioner is appointed by the PM and government," he added. Mr. Gogoi also claimed that there have been instances of electors visiting a polling station during voting, coming to know that their names are missing from the list. Speaking about Operation Sindoor, the Congress MP said, "The Union Home Minister did not even give minimum respect to the deceased of the Pahalgam terror attack. People died because of intelligence failure of the agencies under his ministry, but they did not apologise to the people. That's their nature." The Extended Executive Meeting of Assam Pradesh Congress Committee began here on Sunday morning. All party MPs, MLAs and senior leaders of the state unit participated in it. In the meeting, the strategy for the upcoming Assembly elections in the State will be discussed threadbare, an official said. Assembly elections in Assam for 126 seats are likely in March-April next year. "The meeting will adopt two resolutions. One will be political and the other will be economic. These will be prepared keeping in mind the upcoming assembly polls," the party official said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store