Onmanorama Lite App
Finance Minister K N Balagopal said the state government has already written to the Centre regarding its stand.
Pre-packaged and labelled food items, including cereal like rice, pulses and flour, would attract 5 per cent GST if the package weight is below 25 kilogram.
Global risk aversion has led to rupee depreciation against the dollar.
The mass return of Keralites in the aftermath of the COVID crisis and the influx of North Indians to the Gulf is likely to have contributed to this change.
The Rupee had weakened to a record low of Rs 79.96 last week, weighed down by broad gains in the dollar as red-hot inflation data raised fears of more aggressive policy tightening.
The Tata Sons, which took over from the government the loss-making airline on January 27 this year, announced the appointment of Wilson on May 12.
The hike in prices comes in the wake of a 5% GST on essential items imposed by the Centre.
Australia introduced a similar law in 2021, followed by France, Germany and Spain initiating measures to roll out the same.
When the GST was introduced in the country five years ago, essential items such as rice, vegetables, egg, and fish were excluded from the GST regime.
With a depreciation of more than 7 per cent this year, the currency exchange rate is slated to hit the low point of Rs 80 per dollar in India.
Results 1571-1580 of 1832