Budget-makers in North Block are looking to maintain this fiscal status quo, in spite of tax revenues nowhere close to where the government wants and in spite of possible higher expenditure commitments.
The total direct tax collection stands at a little over Rs 9 trillion, giving the taxman just few days to reach the 2018-19 revised target of Rs 12 trillion., reports Shrimi Choudhary.
The scheme, which would give Rs 6,000 to small farmers in a year or Rs 500 a month, will add more money to the account of these cultivators than the money he/she saves every month on an average.
Past experience shows loan waivers benefited only 30% of India’s farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
This survey also shows how things have moved forward since the last large-scale sample survey conducted by NSSO in 2012-13
If more commodities which have seen a sharp rise in MSP are to be procured, such as pulses, oilseed and cereals, there could be a storage problem. Also, if state-owned Cotton Corporation of India joins in, this problem will aggravate.
New Delhi, Mar 15: National Bank for Agriculture And Rural Development (NABARD) has invited online applications for vacancies of Assistant Manager, Grade ‘A’ (Rural Development Banking Service).
Start Date of Online Registrtion: March 13, 2018
Last Date of Online Registrtion : April 2, 2018
Post Name: Assistant Manager, Grade ‘A'(RDBS)
No. of Posts: 92
Age Limit: A candidate must be between 21 years and 30 years of age.
For details, candidates can refer to the official website of NABARD at www.nabard.org.
National Bank for Agriculture And Rural Development (NABARD) is a rural devolopment bank wholly owned by the Government Of India. With headquarters at Mumbai, NABARD has regional centers in all the states across the country.
NABARD was established on the recommendations of B.Sivaraman Committee on 12 July 1982 through Act 61, 1981, of Parliament. The agricultural credit functions of RBI and re-finance functions of then Agricultural Refinance and Development Corporation (ARDC) were transferred to NABARD. NABARD is India’s specialised bank for agriculture credit and boosting rural development in India.