-The Indian Express Interim budget does little to tackle unemployment, poverty. And it is clear that the government’s figures cannot be trusted. Last month, I was part of an all-party delegation of MPs from Karnataka, led by a Union cabinet minister, who met the Union rural development minister. We requested him to release the MGNREGA funds overdue to Karnataka. We pleaded that the poorest of the poor, who turn to MGNREGA...
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Data shows corporates are consistently favoured over rural India -Jitendra
-Down to Earth Corporate India gets indirect subsidy equivalent to 60 per cent of government expenditure on rural areas A recent analysis has revealed a shocking injustice being done consistently to rural India by the government with corporates getting subsidies at its expense. The Inclusive Media for Change, a New Delhi-based non-profit has analysed the last seven Union Budgets. It has found that indirect subsidy, termed as “tax expenditure” that was given...
More »Size of Tax Rebates is large as compared to spending by agricultural & rural development ministries
Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...
More »Union Finance Minister Shri Arun Jaitley Holds Pre-Budget Consultation Meeting with the representatives of different Agriculture Groups
-Press Information Bureau/ Ministry of Finance The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer’s income by 2022, there is need for better storage and marketing facilities for the...
More »NEERI pitches for cage-free housings in poultry farms -Mayank Aggarwal
-Livemint.com A report by NEERI recommends that suitable rebate in tax or subsidies may be given to poultry farms to encourage owners to give up the present caged system New Delhi: Poultry owners should understand that animals raised for food too deserve to live free from cruelty, and so, layered battery-cage systems in India’s poultry industry should be replaced with cage-free housings in a phase-wise manner, according to a report by the...
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