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Niti Aayog backs tax on agriculture income

-The Times of India NEW DELHI: Niti Aayog, the government's thinktank, has strongly backed taxing of Agricultural income above a certain threshold and removal of exemptions on personal income tax as part of a strategy to expand the tax base and prevent evasion. There is a view within the thinktank that the blanket relief on Agricultural income was aimed at protecting farmers, but it was being misused by many non-farmers who...

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Ministry comes up with model APMC Act to integrate agri markets

-The Hindu Business Line Proposes single trading licence, single-point levy of market fee New Delhi: The Agriculture Ministry has come up with a new model Agricultural Produce Market Committee (APMC) Act proposing single-point levy of market fee across a State and a united single trading licence for cost-effectiveness of transactions. It has also suggested abolition of fragmentation of market with the State/Union Territory by removing the concept of notified market area insofar as...

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Bets on India's normal monsoon seen at risk on El Nino outlook -Pratik Parija

-Livemint.com While initial monsoon forecast bodes well for the season that accounts for over 70% of annual rainfall, IMD also predicts of 50% chance of weak El Nino formation from Sept New Delhi: India’s annual monsoon forecast sends social media into overdrive and is splashed across newspapers. This year’s outlook has some analysts warning that weather watchers may be disappointed. India is set for a normal June to September monsoon, with rainfall...

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Government relaxes curb on export of organic farm produce

-PTI NEW DELHI: The government today relaxed restrictions on exports of certain organic Agricultural and processed products like wheat, non-basmati rice to boost their overseas shipments. "Export of organic Agricultural and organic processed products like wheat, non-basmati rice, edible oils, sugar have been exempted from existing quantitative ceilings," Directorate General of Foreign Trade (DGFT) said in a notification. Please click here to read more. ...

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Anaj Bank Frees Dalits From Fear of Hunger in Bihar -Mohd Imran Khan

-TheWire.in Community managed rice banks have replaced defunct government managed rice banks in several areas of Patna district in Bihar. A few years ago, Parbhawati Devi, Bichiya Devi and Meena Devi were landless farm laborers, fully at the mercy of landed farmers for their survival. But things have changed since then. Today, hundreds of women in dozens of villages in Patna district of Bihar, mostly from the marginalised Mahadalit community, have turned...

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