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Why shouldn't rich farmers pay? -Mukesh Butani

-The Economic Times blog Finance minister Arun Jaitley was correct when he stated in April that constitutional constraints do not empower his government to tax agricultural income, implying that he is not constrained from amending the Income-Tax Act. B R Ambedkar, in framing the Constitution, was vehemently critical of British land revenue system, the foundation for which was laid during the Mughal period, and strengthened by the East India Company, which...

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5 killed as shots fired at MP farmers' protest, CM accuses Cong of instigating violence

-The Times of India INDORE: At least five persons were killed and over a dozen injured when shots were fired during a protest by farmers in Mandsaur district of Madhya Pradesh on Tuesday. Curfew has been clamped in Mandsaur and Pipliamandi and internet connectivity has been severed. The death toll, it is feared, may rise. The farmers were demanding that the government grant them a loan waiver and set a minimum...

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GM Mustard should not go the BT Brinjal way -KK Narayanan

-Livemint.com Activists who are ideologically opposed to genetically modified crop technology have unleashed a virulent campaign to stall the GM Mustard cultivation Seven-and-a-half years ago, BT Brinjal, developed by two public agricultural universities, was approved for commercial cultivation by the genetic engineering approval committee (GEAC), a statutory body. BT Brinjal is inherently resistant to the notorious fruit and shoot borer (FSB) pest and therefore produces a marketable crop without the large number...

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A life below the bottom line -Sarah Hafeez

-The Indian Express The Delhi government’s decision to hike minimum wages by almost 40% gave hope to thousands struggling to make ends meet. But two months later, little has changed on the ground — be it for the saleswoman supporting her family, or the factory worker doing overtime. Sarah Hafeez investigates. Vinay, a 32-year-old bus driver, was both surprised and thrilled to hear that his colleague, a conductor hired by a...

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Farm loan waivers by states might hit Rs 2,57,000 crore by 2019 elections: BofA-ML Report

-ENS Economic Bureau 'Such waiver would prove counter-productive for the RBI’s measures to clean up bank balance sheets' Mumbai: With Maharashtra also joining the farm loan waiver bandwagon, various state governments are expected to waive off $40 billion, or Rs 2,57,000 crore, of farmers’ loans in the run-up to the 2019 general elections in the country, a global banking group has said. Farm loan waivers will amount to 2 per cent of...

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