Monday December 18, 2017
Home Politics Keen on GST b...

Keen on GST bill, government may convene Special Session

0
24

ArunJaitley New Delhi: Amid indications that the government may convene a special session of  parliament — mainly to secure passage of the Goods and Services Tax (GST) Bill,  Finance Minister Arun Jaitley on Thursday said the government was determined to  try and roll out the GST system from April next year.

“The aim of the opposition was to delay the GST. The government will not disclose its  strategy but it will try to implement GST by the set deadline,” Jaitley said at a press  conference here.

Jaitley didn’t rule out the possibility of convening a special session of parliament to secure the passage of GST Bill.

“We have not taken any decision as yet to prorogue the session,” the finance minister said when asked whether the government was planning to convene a Special Session of parliament.

Jaitley said: “The GST has received consistent support from most mainstream parties. The then Congress government made the announcement in 2006 and introduced the bill in 2011. Today, it seeks to go back on the GST issue. The objections in the Congress’s dissent note are contradictory and trivial.”

He said numbers in the Rajya Sabha too were in favour of the GST.

“Parliamentary numbers are loaded against the Congress. It, therefore, relies on disturbance and lung power to prevent its consideration by the Rajya Sabha. The Congress is well aware that any delay in the passage of the constitution amendment accepted by most states will result in at least one year’s delay. That appears to be the Congress’s strategy. National interest is least on its priority,” he added.

Sources said a “two-three-day session” could be convened in September as no major business could be carried out during the monsoon session that began on July 21 and ended on Thursday.

The Cabinet Committee on Parliamentary Affairs, which met on Thursday, decided not to recommend immediate prorogation of the houses. The two houses were, therefore, adjourned sine die on Thursday.

The sources said the decision to reconvene the monsoon session would depend on the progress the government makes in getting the support of opposition parties on the GST Bill in the Rajya Sabha where it lacks a majority.

The bill could not be taken up in the Rajya Sabha during the monsoon session despite government efforts.

The Congress forced repeated adjournments in both the Lok Sabha and Rajya Sabha over its demand for the resignations of External Affairs Minister Sushma Swaraj and Rajasthan Chief Minister Vasundhra Raje over their alleged help to former IPL chief Lalit Modi and of Madhya Pradesh Chief Minister Shivraj Singh Chouhan over the Vyapam recruitment scam.

(IANS)

Next Story

Food processing will be a main industry in future: Jaitley

0
37
Food
Food processing will be a main industry in future: Jaitley

New Delhi: The entire Indian agriculture value chain is set to change drastically and food processing is going to be one of the main industries of the country in the future, Finance Minister Arun Jaitley said on Friday.

“The farm to kitchen chain is going to change in India, like elsewhere, with increased agricultural production, better storage facilities, more food processing and changing consumer food preference,” Jaitley said at the inaugural session of the World Food India 2017 here.

 “Food processing is going to be one of the principal industries of India in future, and an entrepreneur in 2017 should think of the industry from the perspective of where it will be in 2040, 2050,” he said.

In terms of market size, the Indian food market was worth $193 billion in 2016 and is expected to cross $540 billion in 2020, officials said here. The sector has been growing at the rate of 12 per cent annually.

“There is a silent revolution ongoing in India. There is an expanding middle class and below that there is a growing aspirational class, which is building up reasonable purchasing power,” the Finance Minister said, noting that this provided an enormous potential market for food products in the country.

About the potential, Food Processing Minister Harsimrat Kaur Badal said that only about 10 per cent of agricultural produce is processed in the country, leading to a lot of wastage.

The industry enjoys many fiscal incentives, including preferential credit under priority sector lending, she said.

“There is 100 per cent FDI (foreign direct investment) allowed into the sector through the automatic route and we have seen inflows increase 40 per cent over the last year,” she said.

“The proposal for a Food Processing Bank is also under active consideration.”

In the presence of delegates from many countries, the event was inaugurated earlier by Prime Minister Narendra Modi, who pointed out that India is the biggest producer of milk in the world and the second in rice, wheat, fish and vegetable output.(IANS)

Next Story

Decoding the Indian Agrarian Crisis and Fake Farmers Facade

Gaurav Tyagi believes half baked measures like loan waivers just make people lazy parasites.

0
135
farmers
An increasing number of farmers in India are committing suicide due to debt pressure. To tackle the issue, the government has come up with farm loan waivers. (VOA)

– By Gaurav Tyagi


New Delhi, September 18, 2017 : 
Indian and International media is full of articles regarding large number of farmers in India committing suicide due to debt pressure.

Instead of going to the root of the problem and analyzing the reasons for this phenomenon, Indian politicians have come up with an absurd idea of farm loan waivers.

Majority of Indian farmers under debt trap own very little land. Farming on such small piece of land is not economically feasible. This sector is highly unorganized. Most of the time, no planning is involved in cultivation, irrigation and harvesting.

Middlemen exploit farmers by buying their produce at a very low price and then selling it at a premium to the end consumers.

The irony is that a large number of Indian politicians claim huge incomes from agriculture while farmers starve.

In the province of Madhya Pradesh 24 farmers committed suicide this year over crop loss and failure to repay loans but 18 of the 20 cabinet ministers of the state have shown ‘agriculture’ as their main source of huge incomes.

How come politicians are earning in Billions through farming while the real farmers are struggling to make both ends meet?

Let’s examine the issue in-depth.

The income earned from agricultural land is exempt from income tax under section 10 (1) of the Income Tax Act 1961. Politicians, bureaucrats and businessmen in India launder their money misusing the above income tax clause.

Normally, one cannot own agricultural land in India unless their forefathers have been agriculturists. Rich and influential people in the country obtain agriculturist certificates by ‘greasing the palms’ of the local land officials.

Farmers are not required to maintain detailed records in India. This provides an excellent loophole to pass off unaccounted and undeclared cash as agricultural income. It is done by showing fake sales cash receipts of agricultural produce, which like other certificates can be purchased in India through bribes.

Approximately 800,000 tax declarants in India state exorbitant amounts as agricultural incomes while filing their annual income tax returns.

This income, a whopping INR. 874 Lakh Crores was eight times more than the cumulative GDP of India for the financial years 2011 and 2012.

The average annual income declared by these assesses comes out to be anywhere between Rs. 30-80 Crores, on which they don’t pay any taxes.

It’s obvious that the aforesaid is not agricultural earning instead it’s declared as agricultural income by these assesses just to avoid paying taxes.

According to National Bank of Agriculture and Rural Development (NABARD) Delhi, with hardly any farming land has more farmers indulging in agriculture than Madhya Pradesh, Uttar Pradesh, Karnataka and West Bengal provinces.

Delhi’s so called ‘farmers’ received Rs. 22,077 Crores in agricultural loans during 2009. In reality, these ‘self proclaimed farmers’ are the owners of big farm houses on the outskirts of the capital.

The authorities are well aware of this malpractice. The Tax Administration Reform Committee in its report in November 2014 said, “Agricultural income of non-agriculturists is being increasingly used as a conduit to avoid tax and for laundering funds, resulting in leakage to the tune of Crores in revenue annually”

The Finance Minister of India, Arun Jaitley on 26th April said that the government of India does not plan to tax the farm income.

farmers
Finance Minister of India, Arun Jaitley, wikimedia

It reveals that Indian politicians cutting across party lines indulge in this malpractice, 27% of the winning Lok Sabha M.P’s in 2014 elections have declared wealth of over Rs. 1 Crore, majority of which has been mentioned as agricultural income.

Indian opposition politicians blackmail the political party in power by indulging in spurious farmer agitations.

If there is a bumper crop then the opposition parties start shouting that prices have crashed due to over-supply in the market. When farming cultivation fails due to the vagaries of nature, then they start throwing statistics about farmers suicide.

A group of ‘self proclaimed’ farmers from Tamil Nadu province camped at Jantar Mantar in Delhi, the Indian capital city during March this year and indulged in cheap theatrics to draw attention to their protests.

The leader of this group, P. Ayyakannu is demanding that all farmers should be given loan waivers from banks and quoted highly inflated figures of farmers suicides in Tamil Nadu.

The Tamil Nadu government on 28th April, 2017 conveyed to the Supreme Court of India that no famers committed suicide in the state and clarified that a few, who took this extreme measure did it due to personal reasons.

Many farmers died due to old age and other medical issues. Ayyakannu clubbed all of them together to gather national as well as international attention.

ALSO READ Farmers welfare: What Indian agricultural sector needs to learn from Denmark?

Ayyakannu called off this whole play in Delhi on 23rd April after 40 days, when the Chief Minister of Tamil Nadu came to meet these protestors.
He said that their group is giving a one month’s time-frame to the government in order to fulfill their demands otherwise, they would resume their protests in the national capital from May 25 on a bigger scale.

This impostor farmer leader Ayyakannu again came back to Delhi again on 16th July with his gang of ruffians to continue their drama.

Ayakannu as per media reports is not even a farmer, but a lawyer, who makes huge amounts of money through out of court settlements and personally owns hundreds of acres of land.

He and his bunch of hooligans all look quite healthy and well-fed. They don’t appear like destitute farmers as claimed by them.

Fake farmers like the aforementioned Ayyakannu are just the front faces of this façade in the name of farmers.

The remote controls of such characters remain in the hands of politicians, who use them for their narrow, selfish, corrupt agendas depending on the political situation at the state and national level.

The governments of Punjab, Maharashtra, Karnataka, Rajasthan & U.P. provinces have waived off agricultural loans worth Billions. This has set up a very bad precedent for the rest of the country.

ALSO READ Exclusive: Angry Farmers and Distressed Leaders

There are no ‘free lunches’ in this world. These half baked measures like loan waivers just make people lazy parasites.

The following steps would go a long way in helping the real distressed farmers;

  • Scientific soil and climate testing should be done across all farming regions in India. Farmers can then be educated about which crops to grow profitably, in how many cycles; depending on the soil conditions and climate of the region.
  • Implement agricultural reforms like farming co-operatives, where farmers having small agricultural land holdings can be encouraged to come together and pool their land plus resources together.
  • Crop storage infrastructure should be built and maintained in every village so, that farmer can store their surplus produce rather than sell it desperately at a low price.
  • Crop insurance must be compulsorily introduced all over the country wherein, farmers by paying a nominal amount need not bother about their crops getting destroyed through excessive rain or drought.
  • Organic farming needs to be encouraged instead of over-reliance on chemical fertilizers. The food waste produced by an entire village can be easily turned into biodegradable compost, through innovative schemes like Vermicomposting.
  • Vermicast can replace fertilizers in the agriculture fields. This would save money for the farmer and provide high quality chemical free crops.
  • The APMC’s (Agriculture Produce Marketing Committees) have created a coterie of middlemen, who along with the complicity of these committees, form a virtual barrier between the farmer and the consumer, paying the former a pittance for his produce and charging the latter exorbitant amounts for fruits and vegetables.
    Vegetables are purchased at Rs. 2 or 3 a kg from farmers and then sold at 30 to 40 rupees per kg to urban consumers.
    This setup has been going on for decades in every town and city of India. Millions of urban Indians pay artificially higher prices and majority of farmers are underpaid due to this flawed system.
    The profits are made by middlemen, who do not pay taxes on these huge earnings. It is a common practice for them to store money in cash and not in banks.

These APMC’s must therefore be abolished immediately. Farmers should get direct access to the end consumer through the elimination of middlemen. This would ensure a better monetary return for farmers.

  • Private moneylenders in and around the villages charge a very high rate of interest from farmers. This unscrupulous sector should be bought under government regulation by bringing down the rate of interest to a rational level.
  • Government schools in villages are in shambles. They need to be upgraded so, that quality education at an affordable price is available to every child in the village.
    This would uplift farmers children through educational empowerment. It will enable them to make a transition to non-agricultural professions in future and enhance their family earnings considerably.

The aforementioned steps would cost the government far less than what it is losing in the absurd loan waiver schemes, which anyways don’t help the poor marginal farmer at all.
As regard dealing with the fake farmers of India.

The solution entails; no farm loan waivers and bringing the agricultural income above a certain threshold under the tax bracket.

The aforesaid measures would prevent the fake farmers façade spreading rapidly all over the country, while resolving the agrarian crisis of India by assisting needy farmers of the country.

The author is a Master Degree holder in International Tourism & Leisure Studies from Netherlands and is based in China. 


 

NewsGram is a Chicago-based non-profit media organization. We depend upon support from our readers to maintain our objective reporting. Show your support by Donating to NewsGram. Donations to NewsGram are tax-exempt. 
Click here- www.newsgram.com/donate.

Next Story

Lalu Yadav is Shamelessly Corrupt and a Fake Secular

The author Gaurav Tyagi asserts that Lalu’s party RJD, should be disbanded and a life ban should be imposed on Lalu plus his kin from pursuing political careers. Read on to know why!

0
167
Lalu Yadav
Does Lalu Yadav portray himself as the ‘messiah’ of Muslims by aligning with fundamentalist Muslim preachers? Wikimedia


– by Gaurav Tyagi


New Delhi, September 5, 2017 : 
26th July witnessed a big political drama in India, when Nitish Kumar, the C.M. of Bihar submitted his resignation.

The government in Bihar was a coalition of three political parties; Nitish Kumar’s JD(U), Lalu Yadav’s RJD and Congress.

Nitish was back in the C.M’s chair, the very next day due to the support extended to his party, JD (U) by BJP to form the government in Bihar.

The coalition of the aforesaid three parties thereby collapsed, which annoyed Lalu Yadav, the head of RJD a lot.

Lalu Yadav hijacked the plank of secularism to indulge in blatant corruption and promote his family in politics.

Secularism implies the principle of separating government institutions as well as politicians from religion and religious figures. In India the meaning of secularism has entirely been altered by politicians like Lalu, who openly woo Muslim fundamentalists from Mosques and waste government funds in order to appease them.

Lalu keeps on harping upon keeping Muslims safe in Bihar. Maintenance of law and order is the foremost task of any elected government, what’s the big deal in it?

ALSO READ Dynasty syndrome: Lalu chosen as RJD chief for 9th time

Lalu’s politics involves developing vote banks from his caste comprising of Yadavs and Muslims.

He portrays himself as the ‘messiah’ of Muslims by aligning with fundamentalist Muslim preachers and gangsters like Shahbuddin.

Lalu never addresses the root cause of poverty and backwardness among Indian Muslims.
It is largely due to the community shunning of mainstream educational institutes and going to worthless madrasas, (Muslim religious schools) which primarily focus on students, rote learning of the Muslim holy book; Koran.

In the absence of modern knowledge, madrasa graduates are unable to improve their material prosperity and face the challenges of contemporary society.

The Ulemas or the Islamic scholars’ regressive attitude is reflected in the following statement of Maulana Samiul Haq, of the Haqqania madrasa, a prominent Deobandi madrasa; “Young minds are not for thinking. We catch them for the madrasas when they are young, and by the time they are old enough to think, they know what to think.”

Fake seculars like Lalu would never tell Muslims to study in proper schools because an educated Muslim can easily decipher the tricks played by such politicians.
A large number of illiterate or madrasa brand Muslims suit Lalu because then by showing the fear of BJP and Hindus, these Muslims can be easily turned into vote banks for his political party.

CBI, ED and other government agencies recently conducted large number of raids on Lalu and his family. They discovered Billions amassed by this so called ‘champion of oppressed’.

Lalu accumulated large number of farm-houses, land holdings, companies etc. in the name of his family comprising of his illiterate wife and 9 children; 7 daughters and 2 sons.

Both his sons, Tejashwi Prasad Yadav and Tej Pratap Yadav, are school drop-outs. The former was the deputy CM of Bihar with various ministerial portfolios, while the latter was the Health Minister of the province in the coalition government.

Lalu Yadav
Tejashwi Prasad Yadav and Tej Pratap Yadav at a public event. Twitter

Lalu was declared guilty by the courts for his lead role in the Bihar fodder scam worth thousands of Crores. Lalu Yadav was jailed for 135 days in 1997 but he was lodged in a Bihar Military Police guest house with all comforts.

Before his incarceration, Lalu installed his uneducated wife Rabri Devi as the C.M. of Bihar. Lalu was jailed on various other occasions for his involvement in the aforementioned swindle.

Every time, Lalu was put in prison, he received 5 star hotel facilities and got bail easily. Lalu continued being the de facto C.M of Bihar by inducting his wife as the rubber- stamp C.M. of Bihar.

He was finally sentenced to a 5 year jail term in October 2013 by a special CBI court.
Instead of being in a jail, he is again out on bail, busy in enriching and establishing his progeny in politics.

A poster for Lalu Yadav’s political rally in Patna on Sunday, 27th August depicted one of Lalu’s foolish son as Lord Krishna while the other buffoon is shown as Arjun. Lalu’s daughter and Rajya Sabha M.P, Misa Bharti is depicted as the famous freedom fighter, Rani of Jhansi; Lakshmibai. Lalu and his wife Rabri are blessing their children in this poster.

What a mockery of historical and religious characters.

Lalu is saying that he and his family are being victimized. These utterances constitute ‘heights of shamelessness’.

Lalu indulged in blatant corruption and misuse of office for personal gains. On getting exposed he started parroting; this is a conspiracy of BJP and law would take its own course.

These terms in India mean that court cases would drag for 20-30 years. The politician will die but the court proceedings would still remain pending.
Classic example is Jayalalitha, the court cases against her were continuing since, 1996 but the final judgment was passed in 2017 after her death.

Lalu’s son, Tejashwi Prasad, the Ex-Deputy C.M of Bihar was a member of IPL cricket team, Delhi Daredevils for 4 years from 2008-2012.

ALSO READ Lalu’s son Tej Pratap faces his first electoral test in Mahua

During these 4 years, Tejashwi didn’t play a single game for Delhi Daredevils.

Which sporting team in the world would keep such a useless player in its squad?

Delhi Daredevils is owned by GMR group. This business house must be investigated, as to what were the compelling reasons behind continuous retention of this trash cricketer, who wasn’t competent to play even a single game during 4 seasons.

What were the financial benefits given to Tejashwi? Did the GMR group receive concessions from Lalu Yadav in exchange for keeping his son in Delhi Daredevils team? These are serious issues and need further investigations.

Misa Bharti, eldest daughter of Lalu Yadav is a Rajya Sabha M.P. She topped the MBBS examination of Patna Medical College Hospital during the late 90’s.

Misa never excelled in her classes, either at school or college. At her convocation, the presenter of the degree requested her not to treat any patients ever.

Lalu through his clout in Bihar first got her admission into MBBS and then deceptively made her a topper.

Misa Bharti after topping her MBBS studies and obtaining her medical degree did not work as a Doctor even for a single day, neither did she start her own medical practice.

This is humbug Lalu Yadav, the ‘self- styled’ protector of Muslims and ‘self- declared’ skipper of the Indian opposition political parties, comprising of so called secular forces but in reality just corrupt family controlled political dynasties.

Lalu and his political clan should be imprisoned for at least a minimum period of 10 years with provisions of no bail plus hard labor in the jail.

All undeclared properties; including land parcels, bank accounts, commercial businesses, residences etc. unearthed by the authorities during raids on Lalu and his family must be confiscated by the central government.

Lalu’s party RJD, which is nothing more than a corrupt family enterprise should be disbanded and a life ban imposed on Lalu plus his kin from pursuing political careers.

An exemplary example needs to be made of this corrupt, Lalu so, as to deter other existing as well as budding ‘Lalu Prasad Yadavs’, abounding in the Indian political system from Kashmir to Kanyakumari.

 

– The author is a Master Degree holder in International Tourism & Leisure Studies from Netherlands and is based in China.