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Agri Ministry wants tax exemption for FPOs

-The Hindu Business Line Women farmers face the brunt; GST adds to their woes New Delhi: The Agriculture Ministry has written to the Finance Ministry seeking income-tax exemption for farmer produce organisations (FPOs), particularly for those that are registered as farmer producer companies (FPO) under the Companies Act. “These FPOs were brought in to negotiate the problems that are faced by cooperative societies. So they are naturally eligible for all the benefits that...

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A strange hybrid -Sujatha Rao

-The Indian Express   Niti Aayog proposal for privatising public hospitals is ill-designed, driven by ideology more than welfare The corporate hospitals have been resting their gaze on public hospitals for long: Land, doctors and patients. Finally, in the Niti Aayog, they have found a sympathetic collaborator. As per media reports, the Aayog is all set to push states to privatise well functioning district hospitals in the Tier 2 and 3...

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Declining bank credit indicates poor economic performance

Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...

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The Indian Farmer is Protesting About Much More Than Loan Waivers -Gopalkrishna Gandhi

-TheWire.in It is about agriculture’s place in the life our country, Equity’s place in the life of our agriculture, and farmers’ place in the world of Equity. P. Sainath has to be crazy. Or all those who read him, hear him and do nothing about what he is writing, saying, doing, have to be crazy. He says of the Indian drought : ‘Drought horribly exacerbates misery. It adds cruelly to the crisis. It is...

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Job creation in high-growth India should be a top priority -Harsh Mander

-Hindustan Times There are almost no jobs available in India’s high-growth economy. Job creation has plummeted to levels even below those of preceding UPA governments. Of the one million new people who join the workforce every month, only 0.01% of new workers added to the work force actually found work. For millions of young voters Prime Minister Modi’s most alluring election promise in 2014 was that his government would create ten million...

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