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No plan to tax agri income; rich farmer very rare, says Arun Jaitley

-PTI Stating that the agriculture sector is under distress, he said farm holdings are very small in size Finance Minister Arun Jaitley has said the government has no plans to tax agricultural income, including that of prosperous farmers, saying a rich farmer is “a very rare institution” and not the norm.   In an interview to PTI, he said the farm sector is in distress and there was no question of taxing agricultural income. NITI...

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If Modi Really Wants Affordable Medicines, Why is His Niti AAYog Pushing in the Opposite Direction? -Anoo Bhuyan

-TheWire.in The government’s premier policy-formulating agency recently recommended measures to deregulate the pharmaceutical sector and make essential medicines more expensive. New Delhi: Even as the prime minister repeatedly expresses his commitment to providing affordable medicines in the country, it appears that the NITI AAYog and the Department of Pharmaceuticals (DoP) may be working in an opposing direction. Documents between October 2016 and April 2017 show the intention of various government arms to...

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Pressure to pay loans seen as among reasons for farmer suicides -Sayantan Bera

-Livemint.com Abject poverty, high levels of debt, and crop failures among the leading causes behind farmer suicides, according to a study commissioned by agriculture ministry New Delhi: Abject poverty, high levels of indebtedness, crop failures and pressure to repay loans are among the leading causes behind farmer suicides, according to the preliminary findings of a study commissioned by the Union agriculture ministry. The broad findings of the study conducted by the Institute for...

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Outsource Govt Services, Bring in Pvt Sector Talent, Suggests Niti AAYog

-Outlook Policy think-tank Niti AAYog has suggested outsourcing of public services to private hands in order to reduce dependence on the government administrative machinery. It has also recommended induction of specialists into the governance system through lateral entry, a move which, it says, will bring "competition to the established career bureaucracy". In its draft report on a three-year action agenda made public recently, the Niti AAYog has set a target of full- digitisation...

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Find ways to tax rich farmers with multiple sources of income: Swaminathan -Vishwa Mohan

-The Times of India NEW DELHI: Amid a growing debate over issue of taxing farm income, eminent agriculture scientist M S Swaminathan on Saturday expressed his views against such tax and said other methods could be explored to tax rich farmers with multiple sources of the income. "I do not agree with tax on agriculture income since agriculture is the major source of livelihood for over 50% of our population. It is...

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