-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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SC asks Centre to come up with law for appointment of Election Commission members -Bhadra Sinha
-Hindustan Times The court was hearing a public interest litigation by one Anoop Paranwal through lawyer Prashant Bhushan asking for a fair and transparent procedure for EC appointments. The Supreme Court on Wednesday asked the Centre to come up with a law or a procedure for the appointment of members of the poll panel or it would be forced to step in, setting up another possible showdown with the government. The Centre opposed...
More »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 »Despite drought, Karnataka farmers earned 38% more than last year -ManuAiyappa Kanathanda
-The Times of India BENGALURU: Notwithstanding the consecutive years of drought over the past three years, Karnataka farmers earned 38% in 2015-16 from sale of agri-commodities through the e-trading interface Unified Market Platform (UMP), according to a Niti Aayog report. The income is expected to double in 2016-17 with many more markets coming under UMP, said a senior agriculture marketing official. UMP, an initiative of the Rashtriya e-Market Services Ltd (ReMS), is...
More »Banks have no liability for loss of valuables in lockers: RBI -Hary M Pillai
-PTI RBI says do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector banks as the locker hiring agreement absolves them of all liability New Delhi: Do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector banks as the locker hiring agreement absolves them of all liability. This bitter truth was disclosed in an RTI response...
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