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Low grant sanctions, disbursement: India wants to promote FPOs but where are the funds? -Shagun

-Down to Earth Eligibility threshold for FPOs should be reduced or support provided to meet the criteria, experts feel Farmer producer organisations (FPO) figure prominently in government policies and the ambitious plan to double farmers’ income by 2022. But funds remain elusive for these bodies, according to a recent analysis.  Just 1-5 per cent of FPOs have received funding under Central Government schemes introduced to promote them in the last seven years, the...

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The under-nutrition problem in Bundelkhand should receive equal attention of the policymakers, if not more

Recent media reports point out that the Bundelkhand region of Uttar Pradesh is likely to get about Rs. 6,300 crore projects ahead of the upcoming Uttar Pradesh assembly polls, including a Rs. 400 crore worth plant for the propulsion system of anti-tank guided missiles in Jhansi. The foundation was laid for the first project in the Jhansi node (related to the Uttar Pradesh Defence Industrial Corridor) on November 18, 2021. The two...

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Centre not likely to go for any off-Budget borrowing this year -Arup Roychoudhury

-Business Standard This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process Union Finance Minister Nirmala Sitharaman, in this year’s Budget speech, had said that she would discontinue extra-budgetary resources (EBR) funding for the Food Corporation of India, in a continued bid to clean up the Central Government’s balance sheet and end below-the-line accounting. As a result, the EBR provision for 2021-22...

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Corporate tax assessment: CAG spots major errors in over 350 cases

-The Hindu Business Line Suggests CBDT to create a foolproof IT system, internal control mechanism The Comptroller and Auditor General of India (CAG) has pointed out significant errors in the assessment of over 350 cases related to corporate tax. It also advised the Central Board of Direct Taxes (CBDT) to put in place a foolproof IT system and internal control mechanism to avoid such recurrences. In a report tabled in Parliament, the apex...

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Farm Fatale -Anita Joshua

-The Telegraph The agrarian laws might have been repealed but are we any wiser about what it was that the farmers were so against, what reforms they could do with instead of the ones thrust upon them? Even in retreat over the farm laws, the Modi government adopted the same top-down approach it employed while bringing them in in May 2020. Pleasantly surprised as they were by the Prime Minister’s unexpected announcement,...

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