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Rich Landowners Reap Billions From India Tax Loophole -Unni Krishnan

-Bloomberg.com   Millionaire farmers are benefiting from measures intended to help poor farmers.   Stuffed animal heads adorn the walls of Kunwar Vikram Jeet Singh’s mansion on the outskirts of Delhi, and he also owns a three-bedroom apartment in a gated condominium in the city. His children go to one of India’s most exclusive private schools. Yet Singh doesn’t pay income tax because he’s a farmer. Singh is one of thousands of rich landowners who...

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Rainfall deficit contracts to 2%

-The Economic Times NEW DELHI: The season's rainfall deficit contracted to 2% from 6% in a day on Monday. The weather office has forecast heavy showers in Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Bihar and t parts of east in the next 24 hours. This could speed up planting of i paddy, oilseeds, coarse cereals, cotton, sugarcane and pulses. Monday's rainfall, 14.8 mm, was 74% higher than normal, as monsoon reached new areas...

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From Plate to Plough: Twenty-five years of tinkering -Ashok Gulati

-The Indian Express Agriculture needs a champion in the Union cabinet. July, this year, marks the silver jubilee of economic reforms. It is time to take stock of our major successes and failures. There is a saying that bad times are often good for policies and good times are bad for policies. It is well-known that the foreign exchange crisis, with reserves falling to as low as $1.5 billion, triggered fundamental changes...

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Empower through ‘e-panchayats’ -KP Shashidharan

-The Hindu Business Line The National e-Governance Plan can ensure that higher devolution of funds translates into improved outcomes Cutting edge technology is, no doubt, empowering. The right application of technology can boost productivity in all sectors of the economy: agriculture, manufacturing, services, business and governmental activities. Technology enables informed decision-making, stakeholder participation and efficient service delivery and can help ensure transparency, accountability, and rule of law leading to inclusive good governance....

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Centre spends 22% more on MGNREGS in FY16 -Sanjeeb Mukherjee

-Business Standard The Centre's expenditure on the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in 2015-16 was around Rs 43,848 crore, 22 per cent more than the Rs 36,025.04 crore incurred in the previous financial year. However, a statement by the Rural Development Ministry said Rs 56,000 was incurred on the scheme in 2015-16, but of this Rs 12,152 crore was paid in 2016-17 as arrears. This payment would now have to...

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