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Niti Aayog vindicates UPA's claims on poverty alleviation -Pranav Mukul

-The Indian Express The Niti Aayog's report, submitted before the United Nations, acknowledges that anti-poverty programmes like the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) helped weaker sections of the society. Vindicating the UPA government’s stand on pulling people out of poverty, India’s Voluntary National Review Report on the implementation of Sustainable Development Goals to the United Nations has said that sustained growth of 8.3 per cent from 2004-05 to 2011-12,...

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Telecom to banking, most services to be costlier with GST -Sidhartha & Pankaj Doval

-The Times of India NEW DELHI: For some days now, several service providers — from insurance and banking to telecom and hotels — have been sending emailers to customers warning of a GST-driven increase in prices starting July 1. Alarmed and unconvinced, the revenue department in the finance ministry has roped in other ministries to impress upon industry to adjust input tax credit against possible increase in tax liability. The tax credit...

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Maharashtra farmers seek blanket waiver sans riders -Abhiram Ghadyalpatil

-Hindustan Times Representatives of Maharashtra farmers have sought a blanket crop loan waiver for all farmers, saying waivers must not be limited to those who have been repaying their loans Mumbai: Representatives of Maharashtra farmers have sought a blanket crop loan waiver for all farmers, saying waivers must not be limited to those who have been repaying their loans. A steering committee of leaders and activists from the state said this at a...

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Punjab 3rd state to waive farm loans, to take Rs 24,000 crore hit

-The Times of India CHANDIGARH: The farm loan waiver fever is spreading across the country, threatening to place a huge additional burden on the already creaking finances of state governments. On Monday, Punjab became the third state this year — after UP and Maharashtra — to announce a total waiver of all crop loans up to Rs 2 lakh for small and marginal farmers (up to 5 acres) and a flat Rs...

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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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