Month: July 2023

Farmers Producers Org set up in 2016 to do business of ₹20 crore this year

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Farmers Producers Org set up in 2016 to do business of ₹20 crore this year

NABARD officials and beneficiaries at a farm pond constructed through FPO in Navalgund taluk of Dharwad district on Monday. | Photo Credit: KIRAN BAKALE The help extended by NABARD and State Bank of India to farmers of Navalgund taluk has facilitated the establishment and operation of Farmers Producers Organisation (FPO) and it, in turn, has…

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Business

Bitter truths in Maharashtra’s sugar fields

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Bitter truths in Maharashtra’s sugar fields

The High Court of Bombay has recently taken suo motu cognisance of the exploitation of the intra-State workforce that migrates seasonally from the drought-affected and water-scarce regions of Marathwada to the sugar-belt region of western Maharashtra. Maharashtra is one of the top sugar producers in India. According to the Maharashtra Sugar Commissioner, in 2022-23, the…

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Business

Over six crore Income Tax Returns filed in a new milestone, says Income Tax Department

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Over six crore Income Tax Returns filed in a new milestone, says Income Tax Department

Over six crore taxpayers had filed their income tax returns (ITRs) by Sunday evening, a day before the filing deadline, which the Income Tax Department termed a “new milestone” as this is significantly higher than the total returns filed by July 31, 2022. Nearly 26.8 lakh taxpayers filed their tax returns by 6:30 p.m. on…

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Business

Unused UDAN routes will be up for re-bidding: Jyotiraditya Scindia

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Unused UDAN routes will be up for re-bidding: Jyotiraditya Scindia

Union Minister Jyotiraditya Scindia said that government’s regional connectivity scheme (RCS), also known as UDAN, are being put up for bidding again. File | Photo Credit: Shiv Kumar Pushpakar Discontinued routes under the government’s regional connectivity scheme (RCS), also known as UDAN, are being put up for bidding again, Civil Aviation Minister Jyotiraditya Scindia said…

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Business

Explained | Mapping India’s chip design ecosystem

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Explained | Mapping India’s chip design ecosystem

The story so far: As part of the second phase of the design-linked incentive (DLI) scheme for the domestic semiconductor industry, the Indian government, according to media reports, is considering a proposal to pick an equity stake in domestic chip design-making companies. The modalities and the timing of the policy are yet to be worked…

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Business

Focus on infrastructure, investment, innovation, inclusiveness to make India developed nation by 2047: Finance Minister

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Focus on infrastructure, investment, innovation, inclusiveness to make India developed nation by 2047: Finance Minister

Union Finance Minister Nirmala Sitharaman. | Photo Credit: Kamal Narang Finance Minister Nirmala Sitharaman on July 29 said the focus of the government is on four Is — infrastructure, investment, innovation and inclusiveness — to make India a developed nation by 2047. She said India has necessary wherewithal to meet the goal set by Prime…

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Business