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AIKSCC holds protests against agri Ordinances

-The Hindu Business Line Hyderabad: Hundreds of activists of AIKSCC (All-India Kisan Sangarsh Coordination Committee) have participated in several protest meets in Andhra Pradesh and Telangana on Sunday. They held demonstrations to protests against three recent Agricultural Ordinances and Electricity Amendment Bill, saying the moves will cause harm to the primary sector. Demonstrations were held in 400 villages in Andhra Pradesh and 250 villages in Telangana. The AIKSCC demanded that the Union Government withdraw...

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Why Punjab stands to lose from farmers’ produce trade and commerce ordinance -Parikshit Goyal

-Down to Earth Instead of putting Punjab farmers at the mercy of Big Corporates and private players, there is a need to strengthen existing infrastructure The Union government announced three agriculture-related ordinances as part of its novel coronavirus disease (COVID-19) relief package — permitting agricultural trade outside the boundaries of market committees, easing regulation and control under the Essential Commodities Act and facilitating contract farming. Out of these, the Farmers’ Produce Trade and...

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Farmers' group not impressed with Union Budget 2020-21

-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of Big Corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...

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How opaque electoral bonds edge out transparent funding routes for 7 political parties

-Moneylife.in More and more big donors of political parties, including corporates, are using the electoral bond (EB) route for making large-sized donations due to the anonymity that provides to the donors. In fact, the annual audit reports for 2018-19 of seven political parties as published by the Election Commission of India (ECI) shows that they have received more than 50% of their donations through electoral bonds, reveals an analysis by Ventakesh...

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Corporate tax reduction: They already pay much less than required effective -Subodh Varma

-Newsclick.in Effective tax rate for Big Business in India was 26.3% although statutory rate is 34.6%, according to Budget documents. There is a proposal that corporate taxes should be reduced to 25% from 30%. According to reports, this has been mooted in a report submitted to the finance minister by a panel headed by Akhilesh Ranjan, member of the Central Board of Direct Taxes (CBDT). However, data on corporate taxes put out...

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