-TheCitizen.in 90% rise in Indian billionaires’ wealth There has been a 90% rise in Indian billionaires’ wealth over past decade. It is not accidental. The BJP led government reduced corporate income tax from 30 to 22 percent starting from the financial year 2019/20. New corporates established in India after October 2019 will only pay 15 percent. It has also provided many other opportunities, incentives and foregoing exemptions to corporations. Meanwhile the Union government...
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Farm Laws: How Bihar’s Peasantry was Pushed to the Brink after APMCs were Scrapped -Tarique Anwar
-Newsclick.in Eradication of the APMC-regulated mandi system and the entry of private players led the farming community to losing a favourable marketplace. Farmers were left with no option but to sell their produce to private procurers at throwaway prices. New Delhi: The nationwide protests against the three contentious Farm Laws enacted by the Centre has brought Bihar into focus. It is a state where new regulations for agricultural produce and its storage,...
More »India's Oligarchy Shuts the People Out – and the Constitution Is to Blame -Bhanu Dhamija
-TheWire.in Only a serious overhaul can remedy the fundamental shortcomings in our constitution. It is now clear that India, the world’s largest democracy, is being run by an oligarchy, a form of government where the real power lies with just a few individuals and families. This became tragically evident from the recent saga of India’s Agricultural Reforms. Three farm laws were enacted by a coterie in the Centre without even recognising that...
More »Finance Ministry Had Endorsed Mandi Tax, Which BJP Is Criticising to Counter Protests -Dheeraj Mishra
-TheWire.in The finance ministry had said, "Market fee is not a tax and the concerned APMC provides facilities in mandis in exchange for the amount." New Delhi: Amid the raging protests against the disputed agrarian laws passed by the Centre, a far more widespread and deeper controversy has emerged over the taxes levied across state agricultural markets. Members of the ruling Bharatiya Janata Party have been criticising the Agricultural Produce Market Committee tax...
More »Kerala Only State That Pays MSPs as per Swaminathan Commission Recommendations -Dr Somu
-Newsclick.in PM Modi has said that despite there being no APMC market yards in Kerala, the state is opposing the farm laws. But what Kerala has is an alternative course of agricultural policies. Prime Minister Narendra Modi while releasing Rs 18,000 crore on Friday as the next Rs 2000 installment to eligible farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) programme, accused the opposition parties of misleading the agitating farmers that...
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