-The Hindu Business Line The Government should honour its MSP promise and lift trade curbs The Government move to impose an import duty of 10 per cent on wheat and tur is a timely one. With a bumper harvest likely in wheat this year, market PRIces have dropped below MSP. Apart from estimates of higher arrivals in mandis, higher imports in recent months too have hit PRIces. In January alone, 1.13 million...
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Why Are Banks Deducting Money From Farmers' Accounts Without Permission? -Nitika Kakkar and Deepak Vaishnav
-TheWire.in Banks are deducting ‘crop insurance premiums’ from farmers’ current accounts without their knowledge. In the Bhivani district of Haryana, a 49-year-old farmer, Bansi Lal, complained that Rs 2,480 was deducted from an account that was linked to his Kissan Credit Card (KCC), without his knowledge. Upon enquiry, the bank informed him that the money was deducted under the Pradhan Mantri Fasal Bima Yojna (PMFBY). But when he told the bank that...
More »CAG protests refusal of access to GSTN data -Pradeep Thakur
-The Times of India NEW DELHI: The Comptroller and Auditor General (CAG) has protested with the finance ministry against the Goods and Services Tax Network (GSTN), a special purpose vehicle majority owned by PRIvate companies, refusing to give access to taxpayers data on its network for scrutiny and audit. The GSTN is a PRIvate limited company floated to aid the rollout of the new indirect tax regime. The company will provide information...
More »Feeding insecurities -Reetika Khera
-The Hindu Business Line Aadhaar does more damage than good in welfare programmes It is widely believed that Aadhaar-Based Biometric Authentication (ABBA) is necessary to improve the delivery of welfare programmes such as the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), Public Distribution System (PDS), social security pensions, and so on. This is a misconception. We have been studying these programmes for a decade, focusing mainly on the source of leakages and...
More »Loan waiver leaves Indian farmers trapped in deadly debt spiral -Bibhudatta Pradhan & Pratik Parija
-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt PRIme Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...
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