-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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A bitter harvest: low prices leave farmers seething -Vishwanath Kulkarni
-The Hindu Business Line Market rates have fallen below MSP levels due to demonetisation hangover, poor offtake Bengaluru: The Narendra Modi government is finding it hard to live up to its promise of doubling farm incomes by 2022 given the challenge it faces in addressing the unremunerative prices of farm produce. The kharif harvest began a little over a month ago, and already the prices of a majority of the crops have slipped...
More »Despite RERA, Centre and states not doing enough to protect Home Buyers -Manish
-Hindustan Times The central government has extolled RERA as a panacea for exploitation of Home Buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective The Real Estate (Regulation) Act, 2016, the flagship legislation to protect Home Buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax...
More »Direct selling, adivasi style -Chitrangada Choudhury
-The Hindu Business Line At an organic market in Odisha, middle-class consumers get to interact with the producers of their food and appreciate traditional knowledge systems One Sunday morning in January, I visited an organic produce market located amidst dense bougainvillea creepers and rows of trees, on the grounds of the six-decade-old Christian Hospital in Bissamcuttack, a town in western Odisha’s Rayagada district. In policy and public imagination, Odisha, particularly its western districts...
More »Why the eNAM platform hasn't taken off despite all the fanfare -Rajalakshmi Nirmal
-The Hindu Business Line Most States have not amended APMC Acts; existing mandis lack infrastructure The eNAM portal, launched by the Centre in April 2016, has 45.4 lakh farmers and 417 mandis across the country registered with it. This number is disappointing, given that there are more than 13 crore farmers in India. eNAM, which was envisioned as a unified national electronics agriculture market, faces multiple hurdles. To implement it, each State has to first...
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