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GST Is Proving to Be a Procedural Nightmare for Small Service Providers and Traders -MK Venu

-TheWire.in Most of the outreach efforts of the finance ministry to explain and create awareness about the GST have been with the bigger industry players. It is becoming increasingly clear that that neither the Centre nor states are adequately prepared to launch the goods and services tax (GST) on July 1. The sheer multiplicity of taxes, as also different tax slabs for the same commodity or service, is a problem which has...

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Decoding the Agony of the Indian Farmer -Nilanjan Banik

-TheWire.in Statistical analysis suggests that farmers in states that have amended the Agricultural Produce Market Committee Act are less likely to commit suicide, but further reforms are needed to reduce the incidence of farmer suicides across the country. Every summer, it is the same old story: drought and farmers committing suicide in India. Between 2012 and 2015, over 10,000 farmers killed themselves. Farmer suicides are a major cause of political contention, despite...

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Core sector growth slips to over 1-yr low of 1% in Feb

-PTI Crude oil and natural gas contract; the previous low of 0.9% was recorded in December 2015 New Delhi: The growth of eight core sectors slipped to over one-year low of 1% in February mainly due to decline in output of crude oil, natural gas, refinery products, fertilisers and cement. The growth rate of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity was 9.4% in...

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Reducing food waste vital for India's food security -Shyam Khadka

-Down to Earth It is estimated that saving one-fourth of the food currently lost or wasted globally would be enough to feed 870 million hungry people in the world Agriculture, along with its allied sectors, is the largest source of livelihood in India. About 82 per cent of the country’s farmers are small and marginal, having holdings less than one hectare. Over the years, irrigation potential has increased largely due to increased...

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Welcome push to rural India's aspirations -Harsh Kumar Bhanwala

-The Hindu Business Line Bringing digital banking to Primary Agricultural Cooperative Societies is an important and laudable aspect of the Budget The Budget hides months of discussion, with stakeholders nursing a gamut of interests. This year was no exception and the Budget was an exercise in the accommodation of innumerable expectations; and it is bound to dissatisfy many. I would like to apply the old economic litmus test to judge its efficacy: Is...

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