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Lowering corporate tax rate is good but not enough -Renu Kohli

-The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes...

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In the national media conference, media practitioners take pledge to uphold positive values in digital communications

-Press release of 4th All India Media Conference, dated 8 October, 2019 Udaipur, Oct. 8: More than 300 media practitioners, researchers, scholars and educationists from different states of India and from four foreign countries took a pledge to empower the underprivileged sections of society by ending the digital divide and create new opportunities to highlight the issues of common people, rural areas, landless labourers, malnourished children and farmers affected by climate...

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Budget work to start on October 14

-The Hindu Ministries asked to submit data and ensure correctness of figures The Finance Ministry will start its pre-Budget work from October 14 onwards, according to a circular it sent to all Ministries and Departments. The other Ministries will have to prepare and send their budgets, expenditure trends, and non-tax revenue estimates for 2020-21 by October 9 to the Finance Ministry. Following this, the Finance Ministry will hold separate meetings with all the...

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'Give states the power to fix seed prices, royalties' -KV Kurmanath

-The Hindu Business Line The seeds regime should protect farmers’ interests, says Alliance for Sustainable and Holistic Agriculture Hyderabad: The Alliance for Sustainable and Holistic Agriculture (ASHA) has called for a seed regime that would protect the farmer’s right to breed, select, save, use, exchange, distribute and sell seeds. The regime should also encourage agro-diversity to ensure sustainable agriculture and resilience to climate change stresses. Referring to reports on the proposed amendments to...

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Residents worried as Madambakkam panchayat digs more wells

-The New Indian Express Madras High Court in August gave permission for the project based on a  submission by Public Works Department that the area has plenty of groundwater. CHENNAI: Many localities have permanently lost their groundwater source due to excessive extraction of water to meet the city’s growing needs. Residents of Madambakkam, a residential area in south Chennai, are worried whether their case too will end up the same. Madambakkam panchayat...

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