-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...
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16 farmer suicides in 1 month in Karnataka’s ‘sugar bowl’ -Johnson TA
-The Indian Express Farmers say CM promised Rs 2,500 per tonne, but factories paying only Rs 700; govt orders probe. Bengaluru: On June 24, Ningegowda, 61, a differently abled sugarcane farmer from Mandya in south Karnataka, turned the standing sugarcane crop in his 18 gunta field (1 acre = 40 guntas) into his funeral pyre. Till then, only one other farmer’s suicide had been reported from the region since April this...
More »CAG pulls up Delhi govt for not obtaining fund proof, discrepancies
-PTI New Delhi: Auditor CAG has pointed out discrepancies in the implementation of social welfare schemes including mid-day meal (MDM) and pulled up the Delhi government for its failure to obtain fund utilisation certificates from various institutions. The auditor also criticised the performance of the Delhi tourism and transport development corporation, saying that it has failed to formulate a perspective plan for tourism promotion in the city despite 39 years of its...
More »Narendra Modi’s Bharat challenge: Low production, dipping income -Harish Damodaran
-The Indian Express Dealing with the farm distress, while simultaneously creating enough non-farm job opportunities, is going to be a tough task. Call it bad luck or otherwise, the Narendra Modi government’s first year in office hasn’t been a really great one for agriculture and rural incomes. To start with, rainfall was deficient in both the south-west (June-September) and the north-east (October-December) monsoon seasons by over 12 per cent and 33 per...
More »Rs. 4.85 lakh crore tax due from corporates
-IANS Corporates owed over Rs.4.85 lakh crore to the government as outstanding dues under direct and indirect taxes towards the end of the last fiscal, parliament was told on Tuesday. "The total outstanding tax demand pending collection under the head corporate tax under the Direct Tax laws as on February 28 is over Rs.3.20 lakh crore," Minister of State for Finance Jayant Sinha told the Rajya Sabha in a written reply. As on...
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