-The Times of India NEW DELHI: Amid a growing debate over issue of taxing farm income, eminent agriculture scientist M S Swaminathan on Saturday expressed his views against such tax and said other methods could be explored to tax Rich Farmers with multiple sources of the income. "I do not agree with tax on agriculture income since agriculture is the major source of livelihood for over 50% of our population. It is...
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'States can levy tax on farm income'
-PTI New Delhi: Joining the debate on taxing agriculture income, Chief Economic Adviser Arvind Subramanian today said states, which have the option to levy the tax, should make a distinction between rich and poor farmers. “The legal situation is...nothing prevents state governments from taxing agriculture income. The constitutional restriction is on central government taxing agriculture income. “There too, one could make a case that this is a choice open to 29 state governments...
More »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...
More »Does the Banking System Really Want to Help Farmers? -Devinder Sharma
-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
More »From plate to plough: Development with cow -Ashok Gulati & Smriti Verma
-The Indian Express Agricultural growth in Uttar Pradesh can be achieved by putting dairy in the lead role. State’s new chief minister has his task cut out for him Yogi Adityanath’s taking over as Uttar Pradesh chief minister has been criticised by several political pundits who say that Prime Minister Narendra Modi has picked “cow over development”. They may soon have to bite the dust, like the economic pundits, who had...
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