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Is Rajasthan's Sikar the New Mandsaur? Entire Town Rises to Support Farmer Agitation -Tushar Dhara

-News18.com Nearly every section that constitutes the socio-political economy of Sikar district has turned up to lend support to the farmers' protest, be it students, anganwadi workers, the city bus union, the autorickshaw union, the small Traders association or the pump set workers. Sikar: Something unusual is happening in Sikar. For the past 10 days, an agitation is being held at the farmer mandi of the district headquarters here. But what is...

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Onion prices fall 35% after I-T raids on Nashik Traders

-The Times of India NASHIK: The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven onion Traders in Nashik district of Maharashtra. After the sudden crash in wholesale onion prices, farmers stopped the auction at Lasalgaon and did...

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Uneven Mandi tax adds to GST burden -Madhvi Sally

-The Economic Times Even as the dust kicked up by the Goods and Services tax is yet to settle, Traders and companies have to face another conundrum­­ an uneven mandi tax. So wide is the discrepancy that a company procuring grain had to pay 6 per cent tax in Punjab, 4 per cent in Haryana and 0.2 per cent in Madhya Pradesh. Industry says this will create an imbalance in the interstate...

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Monthly household costs up after GST? You are not alone, 54 per cent have the same complaint -Prabhash K Dutta

-India Today After demonetisation, GST could be another headache for the government. According to a survey conducted on completion of two months of GST, 54 per cent people complained about rising monthly household costs. In a series of online surveys, conducted by a citizen grievances portal having a tie-up with the consumer affairs department of the central government, one in every two persons has reported a rise in household costs after the...

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Downturn in India's growth 'very worrying': Kaushik Basu

-PTI Washington: Basu said from 2003 to 2011, India was growing typically over 8 per cent per annum. The year of global crisis, 2008, it dropped briefly to 6.8 per cent, but over 8 per cent growth had become the new norm for India. The downturn in India’s growth is “very worrying”, World Bank’s former chief economist Kaushik Basu said, underscoring that this is the “hefty price” the country had to pay...

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