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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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Industry, not farm loans, responsible for majority of NPAs: report -Beena Parmar

-MoneyControl.com As per data from 2011 to 2016, the agriculture loan NPAs stood between 4-6 percent while the industry NPAs have consistently increased sharply from nearly 3 percent to 12 percent in 2016. Despite criticism on farm loan waivers, a data study shows that the increase in non-performing assets (NPAs) is contributed more by the industry than the agriculture sector. According to a study report by Anand Rathi, in terms of contribution to...

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Farm loan waiver may give Karnataka farmers easier access to credit -

-Livemint.com Burden of farm loans has driven many Karnataka farmers into the clutches of moneylenders, who at times charge even by the hour Bengaluru: Naveen Kumar, 40, a small farmer in Hassan district, Karnataka, paid Rs.2,400 as premium (Rs.1,200 per acre) to insure his jowar crop last year. The crop failed after deficient rains. But Kumar was covered—or so he thought. Earlier this year, he received Rs1,600 (Rs800 per acre) as compensation—33% less...

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Paint 'I Am Poor' on Your Walls, Rajasthan Government Tells BPL Families

-TheWire.in Unable to fix its public distribution system, the State Government humiliates the poor by marking their houses. New Delhi: From being in denial over violence in her state to allegedly ‘using an army of paid trolls’ to defend herself on Twitter, Rajasthan chief minister Vasundhara Raje has been making headlines for all the wrong reasons in the past few weeks. This latest news from Dausa district will not exactly help Raje’s...

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The invisible women farmers -Mrinal Pande

-The Indian Express Agriculture cannot survive without them. But they are invisible in the current conversation on the agrarian crisis An ex-company executive-cum-economist turns to the anchor during a discussion on the farmers’ agitation. “Overpopulation is destroying the farming activity. There are simply too many mouths to feed and the farms are shrinking. We must look to the urban areas for creating new jobs,” he says. The man at the local paan...

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