KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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UP: No Govt Funds for Mid-day Meals for over 3 Months, Headmasters Forced to Raise Money -Abdul Alim Jafri
-Newsclick.in The Education Department has attributed the delay in payment to the non-release of the funds by the state Finance Department. Lucknow: Government schools in Uttar Pradesh have reportedly not received any money for mid-day meals for the last three months, preventing some schools from serving food to children under the scheme. In a few schools, teachers and gram pradhan (village head) have been spending from their own pockets or buying rations...
More »UP: Farmers In Sitapur, Lakhimpur Threaten Massive Movement on July 15 if Outstanding Cane Dues not Paid -Abdul Alim Jafri
-Newsclick.in Farmers said the cane-crushing season had ended earlier this month, but payments of over Rs 15 crore are still pending. Lucknow: Irked over the delay in sugarcane payments, farmers on Friday held a demonstration against Mahmudabad co-operative sugar mill in the Sitapur district. Farmers said the cane-crushing season had ended earlier this month, but payments of over Rs 15 crore were pending. Per the norms, the payment should be cleared within 14 days...
More »Contrasting rules for farm, corporate loans -Devinder Sharma
-The Tribune While many of the big defaulters have escaped abroad, why is it invariably a farmer (or a small borrower) who is left to face ill-treatment and injustice in the loan recovery process? While the big defaulters are treated with kid gloves, farmers are always treated with a different yardstick, as if they are children of a lesser god. WHILE the Punjab State Cooperative Agricultural Development Bank (PADB) has issued arrest...
More »Rs.78,704 crore due to States as GST recompense
-The Hindu Dues equal four months’ compensation, says Finance Ministry The Centre is yet to remit ₹78,704 crore in outstanding Goods and Services Tax (GST) compensation dues to States, equivalent to four months of compensation under the indirect tax regime introduced in July 2017, the Finance Ministry said on Wednesday, citing ‘inadequate balance in the fund’. “The pending amount will also be released as and when amount from cess accrues in the...
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