-The Indian Express Since January 1, this year, every week between 20-30 suicides have been reported in eight districts of Marathwada Pune/Beed/Nanded: EVEN AS the ruling party and the opposition are sparring over granting of loan waiver to drought-hit farmers in Maharashtra, as many as 112 distressed farmers, rattled by mounting debts and withering crop, ended their lives this month in Marathwada region. This brought the toll to 1,109 this year. Compared...
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Direct cash transfers in agriculture gain ground -Sanjeeb Mukherjee
-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...
More »Cess proceeds in a black hole
-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...
More »Liberalised land leasing through government Land Bank can ease exit of distressed farmers -Kanchan Srivastava
-DNA The report said it will ease the exit of those farmers who find farming unattractive or non-viable and economically strengthen those farmers who want to stay and raise the scale of operational holdings. Opening farmland for 'liberalised leasing' through government-run 'Land Banks' can be a 'win-win reform' in the Indian farm sector, stated the latest report of the National Institution for Transforming India (NITI) Aayog taskforce on agricultural development. The report...
More »Rs. 1.4 lakh crore cess money lies idle -TCA Sharad Raghavan
-The Hindu The funds collected can be used only for the designated purpose and cannot be diverted More than Rs. 1.4 lakh crore of funds collected by the government under various cesses for purposes as varied as higher education, road development and the welfare of construction workers are lying unutilised, shows an analysis by The Hindu of a Comptroller and Auditor-General report on government finances and answers by Ministers in the Lok...
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