-The Indian Express The woes of pulses farmers and traders like Kagi can be put down to all-time-high imports of 6.6 mt (valued at Rs 28,524.05 crore) on top of a record domestic production of 22.4 mt in 2016-17 — made worse by the weak, behind-the-curve policy response whether to do with trade or stockholding restrictions. Agriculture in India has always suffered from lethargic and uncoordinated policy response. And there can be...
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All you need to know about GST
-Livemint.com Here are some FAQs about the Goods and Services Tax (GST) slated for rollout on 1 July What is GST? Goods and Services Tax (GST) is a value-added tax at each stage of the supply of goods and services precisely on the amount of value addition achieved. It seeks to eliminate inefficiencies in the tax system that result in ‘tax on tax’, known as cascading of taxes. GST is a destination-based...
More »Telecom to banking, most services to be costlier with GST -Sidhartha & Pankaj Doval
-The Times of India NEW DELHI: For some days now, several service providers — from insurance and banking to telecom and hotels — have been sending emailers to customers warning of a GST-driven increase in prices starting July 1. Alarmed and unconvinced, the revenue department in the finance ministry has roped in other ministries to impress upon industry to adjust input tax credit against possible increase in tax liability. The tax credit...
More »Delhi's power subsidy policy helps rich more than poor: Study -Sanjay Dutta
-The Times of India NEW DELHI: The Delhi government's policy to subsidise power for households is undoubtedly among the most generous in the country but it is benefiting the rich more than the poor due to inefficiencies. While poor households on an average get subsidy of around Rs 1,000 per year as they consume less electricity, rich households end up benefiting by Rs 9,000 on account of fatter power bills, a Brookings...
More »Orphan food? Nay, future of food -Satish Deodhar
-Livemint.com Pulses are important from the perspectives of food security, environmental sustainability and balanced nutrition Most pulses such as pigeon pea (tur dal), black gram (urad), green gram (mung), field beans (waal), moth beans (matki) and horse gram (kulith) are native to the Indian subcontinent and have been an integral part of our diet for centuries. However, the single-minded focus on cereals over the last 50 years—the green revolution in wheat and...
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