The declining trend in organized sector employment (i.e. in establishments employing 10 or more workers) continued in the first quarter of 2017-18. The sixth round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st July, 2017), which was released in February this year, confirms this. The Labour Bureau’s latest report says that the net number of jobs created in the 8 major sectors of the economy was...
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To Harvest Enterprise -Lola Nayar
-Outlook A tax holiday is expected to push more farmers to turn entrepreneurial The Budget’s announcement of a five-year tax holiday for Farmer Producer Organisations (FPOs) with a turnover of up to Rs 100 crore came as a relief to the thousands of farmers who are members of around 4,000 such companies in the country. In December 2017, a sizeable number of farmers gathered at a national conference organised in Pune were...
More »Water harvest: Punjab's experiment with DBT for power to the farm sector could pay off for groundwater in the state
-The Financial Express The scheme, part-funded by the World Bank, aims at pushing recharge of groundwater sources and efficient use at the local level. Rapidly-depleting groundwater in nearly a third of the blocks that were assessed in a study by the Central Ground Water Board (CWGB) has caused, The Times of India reports, the Centre to put the Rs 6,000-crore Atal Bhujal Yojana on fast-track. The scheme, part-funded by the World Bank,...
More »Over 1.1 mn farmers affected by drought in Chhattisgarh during kharif 2017 -R Krishna Das
-Business Standard The revenue tax collected in the affected villages had been suspended till further order Raipur: Scanty rains during the kharif 2017 had affected over 1.1 million farmers in Chhattisgarh. The opposition Congress members today informed in the Chhattisgarh Legislative Assembly that 1104767 farmers from 11297 villages have been affected by drought. In all, 1028657.812 hectares area had remained dry due to short rainfall. The state government accepted the figure and...
More »'Direct benefit transfer' pilot project for food subsidies turns a burden in Jharkhand -Sanjoy Dey
-Hindustan Times Under DBT system, beneficiaries are required to collect food subsidy in cash from their bank and then buy food grain from local ration shops at market price Septuagenarian Deventi Devi visited her bank, 6km from her village, thrice this month to withdraw her food subsidy credited by the government in her account under the Centre’s direct benefit transfer (DBT) scheme. She returned empty-handed each time because the bank said the...
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