-The Financial Express After private weather forecaster Skymet on Wednesday predicted normal monsoons In India, research firm HSBC says that it will provide a boost to the agricultural sector. Interestingly, Skymet has forecast a a 20% chance of above normal monsoon, and a 5% probability of excess rain in 2018-19. HSBC notes that the agriculture sector is slated to benefit from it, as 70% of the total rainfall is attributable to...
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From Plate to Plough: The right agri-support -Ashok Gulati & Tirtha Chatterjee
-The Indian Express Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices. With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The Centre and several state governments are searching for ways and means to support farmers. In his recent address (Mann ki Baat), the...
More »Only 16% of initial GST returns filed for July-Dec matched with final returns
-PTI NEW DELHI: With only 16 per cent of the summary sales returns under GST matching with the final returns, the revenue department has started to analyse major gaps with a view to check any possible tax evasion. According to the GST returns data, 34 per cent of businesses paid Rs 34,400 crore less tax between July-December while filing initial summary return (GSTR-3B). These 34 per cent of the businesses have paid Rs...
More »How and Why of Farmers' Long March to Mumbai -Subodh Varma
-Newsclick.in An explosive farming crisis and sustained protests over the past two years have converged in the historic march by 50,000 farmers to Mumbai. Over the past six days, India has slowly woken up to farmers’ distress – and their resistance. On 6 March, about 20,000 farmers from various parts of the state mobilized by the CPI (M) affiliated All India Kisan Sabha gathered at Nashik in north-western Maharashtra to begin a...
More »Assured return offers by realtors and jewellers to be treated as Ponzi -Sidhartha
-The Times of India NEW DELHI: The proposed law to crack down on Ponzi schemes will bar real estate developers that offer fixed returns till possession as well as schemes from jewellers as the government believes that they are “unregulated deposits”. The clampdown on realtors, jewellers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to...
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