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Decision to import onions reflects the government's anti-producer bias -Kabir Agarwal

ut the move itself reveals a deep-seated pro-consumer and anti-producer bias that has been, in large part, the reason for the agriculture economy being in doldrums. While the quantity to be imported &NDAsh; 2,000 metric tonnes &NDAsh; is only a few days’ worth of arrivals in the mandis of Maharashtra, the urgency with which the government, faced by a price rise, has acted is striking. In Maharashtr

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Modi govt gives Rs.1.45 lakh crore gift to corporates -Subodh Varma

uo; to the economy but which actually means that much loss of taxes. With this latest announcement, the second edition of Modi government has set a dubious record of giving freebies to corporates &NDAsh; in just 120 days it has announced 33% more concessions than the whole of last year. In the combined five and a half years of the Narendra Modi-led Bharatiya Janata Party (BJP) rule since 2014, Rs.5.76 lakh crore worth of corporate freebies have bee

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Agriculture 4.0: Here are 10 elements of strategy that the sector needs -PVS Suryakumar

ltural ecosystems. We need to re-look at agriculture with the ‘farmer at the centre’, and need to focus on 10 ‘elements of strategy’. These elements also supplement the recommeNDAtions of the High Powered Committee of Chief Ministers that is primarily examining agri-market reforms. First, ‘seeds’. Most of our staples are self-pollinated crops and managing seed multiplication is easy. Hybrids predominate cross-pol

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It's a fact. We don't want farmers to get rich -Zia Haq

articular item to quote higher than globally prevailing prices to prospective buyers. This means importers elsewhere looking to buy Indian produce would not be willing to buy for such a high price (maNDAted artificially of course by a government fiat). They would instead look for markets where the item would be cheaper. Please click here to read more.

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Can we prevent rural suicides? Yes, it is possible, says a recent WHO-FAO publication

s the ill-effects of chemical pesticides on human health and environment. The recently released booklet of WHO-FAO says that long-term occupational or domestic exposure could cause chronic illnesses &NDAsh; including dermatitis, respiratory problems and cancer apart from reproductive, neurodevelopmental and behavioural disorders. There are some pesticides, which could cause acute poisoning and may result in death. Instead of using WHO’s clas

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No GST relief for automobiles

Among many procedural changes, the Council arrived at an ‘in principle decision’ to link Aadhaar with registration of taxpayers under GST and examine the possibility of making Aadhar maNDAtory for claiming refunds. To factor in the creation of Union Territories of Jammu and Kashmir as well as Ladakh, suitable amendments in the Central GST Act, the Union Territories’ GST Act, and the corresponding State GST Acts have also been a

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Why are resident Indians remitting more money abroad than ever before?

the first four months of FY’20, resident Indians sent out a little over $5.8 billion. This is higher than the aggregate outward remittance under LRS during the five years of UPA-II (April 2009 &NDAsh; March 2014). Under the LRS initiative, all resident Indian individuals, including minors, are freely allowed to transfer up to a quarter million dollars ($250,000) per financial year for any permissible current or capital account transactions.

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Explained: How the latest corporate tax rate cut impacts the economy -Udit Misra

30 per cent. What’s more, new domestic manufacturing companies, incorporated after October 1, will be asked to pay only as little as 15 per cent rate provided they start manufacturing by 2023 &NDAsh; that is, a year before the next general elections. The stock exchanges zoomed within minutes of the news because for most established companies the tax cut would immediately lead to a pro-rata increase in profits. Given that corporate profitabil

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Can the spirit of California's gig economy bill spread to India? -Gayatri Nair

y to resonate deeply with tech corporates such as Uber and Lyft in the US which built their businesses on this distinction. The Bill does more than just alter nomenclature; it attacks the very fouNDAtion on which the gig economy is premised. While this is a huge step taken to guarantee decent working conditions for the American gig worker, its ramifications may not be global and it is unlikely that Indian workers might see a similar change in p

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Courts of injustice -Prashant Bhushan and Cheryl D'souza

conduct of these quasi-judicial bodies are questionable Over 1.9 million people have been excluded from the final National Register of Citizens (NRC) in Assam. The herculean executive exercise, maNDAted and closely monitored by the Supreme Court, has incurred a staggering expenditure of over Rs 1,200 crore and immeasurable cost in terms of human suffering and death. The buck now passes to the Foreigners Tribunals. The fate of close to two million

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