-PTI NEW DELHI: With rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said on Monday. The move will benefit around 75 lakh people, it said. The SBI's Ecowrap report further said that if the exemption limit of interest payments under housing Loan is increased to Rs 2.5 lakhs for existing home Loan...
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Potato portents -Ajay Vir Jakhar
-The Indian Express The crisis in the crop’s prices in two of the four years of the Modi government illustrate that farmers no longer matter to it. Farmers are habitually great raconteurs. My grandfather would often narrate an episode, when he encountered a farmer sitting by a heap of potatoes in the middle of the night. On investigating what compelled the farmer to guard potatoes when there were no buyers, he was...
More »Loan recovery agents allegedly crush Dalit farmer under tractor in UP's Sitapur - Rajesh Kumar Singh
-Hindustan Times Gyan Chandra, 45, of Bhauri village in Sitapur had taken a Loan of Rs 5 lakh from a finance firm in 2015 to purchase a tractor. Loan recovery agents allegedly crushed a Dalit farmer under a tractor in Sitapur on Saturday when he failed to deposit an arrear of the Loan he had taken from a finance company, police quoted the victim’s brother as saying. Assistant superintendent of police (ASP), Sitapur,...
More »If it's a farm budget from Arun Jaitley, then it needs to be a smart one
-The Economic Times Finance Minister Arun Jaitley has given ample hint that Budget 2018 is going to be a farmer's Budget. Jaitley has said the agriculture sector is the top priority for the government because the country's economic growth is not justifiable and equitable unless the benefits were clear and evident in the farm sector. After launching options trading in guar seed on commodity exchange NCDEX yesterday, Jaitley said, "We see in...
More »Problem of plenty: on devising a sound agricultural policy
-The Hindu Agricultural policy should look to address the problem of severe price fluctuations There appears to be no end in sight to the cycle of boom and bust in the prices of agricultural goods. Over the last few weeks, across India the price of potatoes has fallen sharply after a year of bumper production. With the price of a kilogram of potato dropping as low as under a rupee in certain...
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