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Centre cuts windfall tax on domestic crude oil by 65%

-PTI/ The Telegraph    The levy on crude down to Rs 1,700 per tonne from Rs 4,900, as per order coming into effect Friday New Delhi: The government has slashed the windfall profit tax levied on domestically-produced crude oil as well as on export of diesel and ATF following a drop in global oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural...

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Cracked earth & nasty weeds: How UP farmers are battling a drought to save their rice crop -Sayantan Bera

-ThePrint.in In 5 east UP districts, where rice is primary rain-fed crop, the overwhelming sentiment is despair. For most, planting has been delayed by over a month, which means a drop in yield. Hardoi, Rae Bareli, Barabanki: From a distance, the sight of cattle grazing with abandon in a lush meadow appeared like that default desktop screensaver — a serene landscape spanning over a hundred acres, the deep green of the fields...

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Poor monsoon Hits Paddy Cultivation in Bihar -Mohd. Imran Khan

-Newsclick.in Farmlands have developed cracks and paddy saplings are either drying up or turning yellow. Patna: Kamlesh Yadav and Dhirendra Singh are among hundreds of thousands of farmers in Bihar who are uncertain about paddy sowing during the Kharif season due to poor monsoon. “June-end is the best time for paddy transplantation but our farmlands are dry due to poor monsoon. We expected good rainfall like last year and before when heavy rains...

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Farming became costlier between crop years 2012-13 and 2018-19, shows the latest available NSO data

One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...

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Dried Wells, Broken Dams, Distressed Villagers Define UP's Multi-Crore 'Bundelkhand Package' -Dheeraj Mishra

-TheWire.in Corruption, poor quality construction materials and the specious implementation of schemes combined with the Centre’s flawed MSP policies have rendered the attempt to transform the region useless. Chitrakoot/ Banda: On a freezing night in early January, as anchors on television and radio jubilated in the new year and extolled the many ‘achievements’ of the incumbent government, Madhav Prasad, a 55-year-old farmer in Bundelkhand, lay anxious on a cot in his hut.  The...

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