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SBI's Budget 2018 pitch: Increase income tax exemption limit to Rs 3 lakh

-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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Global crash, local glut hit Gujarat milk market -Gopal B Kateshiya & Harish Damodaran

-The Indian Express Dairy farmers in Gujarat, till recently, were relatively insulated from the crisis faced by those growing cotton, groundnut or potatoes. Rajkot/ New Delhi: AFTER COTTON and groundnut, it’s milk that is turning sour for Gujarat’s farmers. A crash in global skimmed milk powder (SMP) rates, coupled with surging procurement by dairy unions affiliated to the Gujarat Cooperative Milk Marketing Federation (GCMMF), has led to an unprecedented glut. In the last...

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Bhavantar scheme to figure in central budget but FM should visit MP first: Yogendra Yadav -Ranjan

-Hindustan Times Swaraj India national president Yogendra Yadav says the central government is considering imposing Bhavantar scheme meant for farmers on the entire country and this is about to figure in the Central budget Bhopal: Swaraj India national president Yogendra Yadav said here on Thursday the central government was considering imposing Bhavantar scheme meant for farmers on the entire country and this was about to figure in the Central budget during...

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Budget 2018: Can Centre allay farmers' concerns over price crash, low market density? -Jitendra

-Down to Earth The average agricultural growth has reached its lowest in the last four years to 1.9 per cent While presenting Union Budget 2017-18, Finance Minister Arun Jaitley gave much emphasis on farmers. He even announced an increased budget outlay for agriculture, which made media houses declare it as a budget for rural India. Soon, the dust settled down and reality came to the surface. The budget was increased by...

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Panel sets out an action plan to make agriculture profitable -Sayantan Bera

-Livemint.com The committee’s suggestions on major reforms include an overhaul of the Union agriculture ministry New Delhi: In a detailed action plan for doubling farmers’ incomes, a top government panel has proposed major reforms to the existing administrative structure. This includes an overhaul of the Union agriculture ministry, setting up a three-tier planning and review mechanism through district, state and national level committees and an annual ease of doing agribusiness survey. The committee on...

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