-The Times of India Farmers can't keep them, traders don't want to buy them, and gaushalas are full. The result: Havoc on farms and roads. Sunday Times travels across the country to find out how the population of stray bovines is becoming a ticking time bomb. The problem of stray cattle is not new in India, but in the last few months, it has reached alarming proportions. According to 2012 data from...
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Uneven Mandi tax adds to GST burden -Madhvi Sally
-The Economic Times Even as the dust kicked up by the Goods and Services tax is yet to settle, traders and companies have to face another conundrum an uneven mandi tax. So wide is the discrepancy that a company procuring grain had to pay 6 per cent tax in Punjab, 4 per cent in Haryana and 0.2 per cent in Madhya Pradesh. Industry says this will create an imbalance in the interstate...
More »Lucas Chancel, economist working on inequality, interviewed by Sanjay Vijayakumar (The Hindu)
-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...
More »Centre warns taxi drivers: If you pick up drunk passengers, we'll catch you
-Firstpost.com A new directive from the road transportation ministry forbids taxi drivers from picking up drunk passengers, according to a report in The New Indian Express. According to the Motor Vehicles driving regulation 2017: “The driver shall strictly comply with the laws for the time being in force relating to the prohibition on the consumption of alcohol and drugs and smoking, and also ensure compliance there by the other crew, riders and...
More »'Tomato prices likely to decline in next 15 days'
-PTI New Delhi: Tomato prices, which have skyrocketed up to Rs. 100/kg, are more likely to decline over the next fortnight as supplies from southern and other growing states are expected to improve, said a senior ICAR official. Retail tomato prices have gone through the roof for more than a month now in most parts of the country and are still ruling high up to 100 per kg, as per the Consumer...
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