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Jharkhand MNREGA workers return Re 1 to PM, CM to protest 'meagre' hike -Sanjoy Dey & Vishal Sharma

-Hindustan Times The workers stage the unique protest against the Centre’s decision to increase their wages from Rs 167 to Rs 168. Ranchi/ Latehar: Several Jharkhand MNREGA workers have returned Rs 1, the amount the Centre has increased in their wages, to Prime Minister Narendra Modi and state chief minister Raghubar Das to protest the meagre hike. The union government has recently increased the wages for the Jharkhand workers under the Mahatma...

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We should tax agriculture. But how? -Madan Sabnavis

-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where Money is channelled to avoid paying taxes. As the focus...

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Why Punjab needs incentives, not loan waivers -PK Joshi, Tajuddin Khan & Avinash Kishore

-The Financial Express Punjab farmers would benefit if the state govt subsidised the adoption of appropriate technology and diversification of crops. The newly-elected government in Punjab is considering a loan waiver for farmers to reduce agrarian distress. According to the recent Situation Assessment Survey of Farmers (SASF), the average outstanding loan is nearly three times higher in Punjab compared with the rest of India (Rs 3.31 lakh versus Rs 1.22 lakh). Farmers...

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Removal of corporate contribution cap has hit transparency: CEC -Sofi Ahsan

-The Indian Express He added that the amendment means that companies are not required now to show the names of political parties they have contributed to. Chandigarh: Chief Election Commissioner Nasim Zaidi on Saturday said that amendments to the Companies Act of 2013, removing cap on corporate contribution to political parties, are “basically hitting” transparency in funding. “Two things are likely to happen in future. There would be less and less...

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