-ENS Economic Bureau 'Such waiver would prove counter-productive for the RBI’s measures to clean up bank balance sheets' Mumbai: With Maharashtra also joining the farm loan waiver bandwagon, various state governments are expected to waive off $40 billion, or Rs 2,57,000 crore, of farmers’ loans in the run-up to the 2019 general elections in the country, a global banking group has said. Farm loan waivers will amount to 2 per cent of...
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CBSE asks private schools for data on fee structure to curb overcharging
-PTI To curb charging of “unreasonable” fees and levying of “hidden” costs, the CBSE has sought data from private schools about their fee structure and increase carried out in recent years. The move comes weeks after the Central Board of Secondary Education (CBSE) warned private schools against turning into “shops” by selling uniform and books in their premises. “We have told the schools that they should not charge unreasonable fees. The charges should...
More »'Gujarat using 72% of its groundwater' -Parth Shastri
-The Times of India AHMEDABAD: As the state is waiting for the onset of monsoon, water management experts are worried about harnessing the maximum amount rainwater to replenish aquifers. During a national-level workshop in Ahmedabad on Tuesday, experts said that out of 25 blocks defined by Central Ground Water Board (CGWB), 23 are overexploited in the state. The worst affected are districts in north Gujarat where depletion is more than 100% -...
More »Illegal and senseless -Arvind P Datar
-The Indian Express The proposed total ban on cattle slaughter goes against Supreme Court decisions on the matter since 1959 Less than a week ago, the Central government notified rules, many of which are as unconstitutional as they are senseless: A person is prohibited from bringing any type of cattle to an animal market for sale for slaughter. First, why is it unconstitutional? The ban on slaughter of cattle was a politically...
More »GST rate: Fertilizers to come under 12% tax slab, prices likely to rise -Sayantan Bera
-Livemint.com The GST Council has fixed a 12% GST rate on fertilizers, up from the current 4-8% rates, depending on raw materials used and in which states the products are sold New Delhi: India’s landmark tax reform, the goods and services tax (GST), may not be good news for farmers. Retail prices of commonly used fertilizers and micronutrients are likely to increase, not only raising the cost of cultivation but also leading...
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