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'Need revenue for public spending,' says Arun Jaitley on high petrol, diesel taxes

-PTI 'If public spending is slashed, it will mean cutting down expenditure on social sector scheme." There is hardly any private investment,' explained Finance Minister Arun Jaitley. Finance Minister Arun Jaitley provided no indication today of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending without which growth will suffer. States levy a high amount...

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Rising input prices keeping down net crop incomes in many states, observes new report

For those who asked why the farmers of Madhya Pradesh, Maharashtra and other states hit the streets during June and July this year, the report prepared by the Committee on Doubling Farmers’ Income could be a ready reckoner. Prepared under the chairpersonship of Ashok Dalwai, the report on Doubling Farmers’ Income after studying the trends in crop income and cost associated with 23 crops, reveals a mixed picture across the...

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Farm crisis may deepen as drought looms over 225 districts -Jatin Gandhi

-Hindustan Times Of the affected states are also those announced farm loan waivers just months ago to bail out beleaguered farming community. With the southwest monsoon season about to end in less than three weeks’ time, the government’s drought warning system predicts there could be a drought in 225 districts across “17 agriculturally important states of India,” putting further strain on distressed agriculture sector. According to the government’s National Agriculture and Drought...

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MGNREGA Scheme: Women paid less than men, says Centre panel

-The Financial Express Women, employed under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme across the country, get only 78 per cent of the minimum wages paid to men, according to Indian Express report. The Ministry of Rural Development panel report said that not a single state has been able to enforce the payment of full minimum agricultural wages to its women workers. This comes after the panel had recently...

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4 states, one UT bring down pendency of 10-year-old cases to almost zero -Pradeep Thakur

-The Times of India NEW DELHI: For the first time, as many as four states and a Union Territory have managed to bring down cases pending for over 10 years in their subordinate courts to almost zero. It's not a mean achievement, considering that decade-old cases in the country account for 23 lakh, or almost 9% of all cases pending in the subordinate courts. Haryana, Punjab, Himachal Pradesh, Kerala and Chandigarh are...

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