-Livemint.com * Market participation is meaningless without information. Should every Indian farmer get a smartphone? * Without internet connectivity and market intelligence, the transaction cost associated with selling in places outside the local market are higher than the value of the produce FATEHPUR: Kamlakant is a smallholder farmer in Daulatiyapur village of Fatehpur district in Uttar Pradesh. He is an enthusiastic vegetable cultivator and every season, he searches for answers to three basic...
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Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran
-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm...
More »Rajya Sabha clears changes to Insolvency Code
-The Hindu The Upper House offers relief for Home Buyers New Delhi: The Rajya Sabha on Monday passed an amended version of the three-year-old Insolvency and Bankruptcy Code (IBC). The amendments seek to end ambiguity and streamline the resolution process further. It also gives Home Buyers the status of a creditor giving them a say in the resolution in case a housing project goes bust. Replying to the debate on the Insolvency and...
More »End to cattle curbs: on withdrawal of sale ban
-The Hindu The withdrawal of ill-conceived restrictions on livestock trade is welcome Good sense appears to have prevailed at last. With a fresh set of draft rules to replace last year’s poorly conceived ones, the Centre has sought to withdraw the ban on sale of cattle for slaughter in animal markets. The draft rules are now open for comments and suggestions. When the Union Ministry for Environment, Forests and Climate Change notified...
More »SBI's Budget 2018 pitch: Increase income tax exemption limit to Rs 3 lakh
-PTI NEW DELHI: With rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said on Monday. The move will benefit around 75 lakh people, it said. The SBI's Ecowrap report further said that if the exemption limit of interest payments under housing loan is increased to Rs 2.5 lakhs for existing home loan...
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