July 2015 updates abhishek s arackal Farmer’s Plight Need to enhance the Minimum Support Price Modi increase 3.6%, but not enough NSSO survey says Farmer.

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Transcript July 2015 updates abhishek s arackal Farmer’s Plight Need to enhance the Minimum Support Price Modi increase 3.6%, but not enough NSSO survey says Farmer.

Slide 1

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina


Slide 2

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina


Slide 3

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina


Slide 4

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina


Slide 5

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina


Slide 6

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina


Slide 7

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina


Slide 8

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina


Slide 9

July 2015 updates
abhishek s arackal

Farmer’s Plight

Need to enhance the Minimum Support Price

Modi increase 3.6%, but not enough

NSSO survey says Farmer family earning = Rs. 3078
We need INCOME policy for farmers

CSDS, centre for study of developing societies = 62% wants to quit
farming
Also defy WTO which demanding freezing of MSP
Government plans to constitute National Farmer Income Commission

GST BILL

Overcome problem of indirect tax structure viz
multiple levies, cascading of taxes.

Approved 122 amendment GST act 2015

1%
additional
tax on inter
state
movement
of goods

No clarity in
determination
of supply of
goods and
services

Government allocated

For entire project

$962 million

Require $2 tn

100 smart
cities

To fill the gap, sought
foreign aid

France = $1 bn
For 3 smart cities
Pondicherry and Nagpur

MAT – minimum alternate tax

No new demand for MAT

Based on A P Shah
committee

Levy of MAT from FIIs

Govt against exemption
given to FPI – foreign
portfolio investors

Govt following 2012
order of AAR –
authority for advance
ruling

TAX department
already issued notice
to 68 FIIs amounting
to Rs.602 cr

Plans to raise
Rs.40,000 cr

Future
Group
Thus Kishore Biyani, 2nd
retailer just behind
reliance.
Exit of bharathi from
retail.
Thus hyper market under
big bazar and super
market under food bazar

Bharathi
Retails

Road Connectivity

JICA – Tripura to Bay of
Bengal port Chittagong in
Bangladesh

JICA – Japan International Cooperation
Agency fund – Assam and Meghalaya to
Bangladesh

ADB funds – for IMPHAL to
MYANMAR

By NHIDCL

Port Blair and Bamboo
flat

Jammu and Akhnoor, heading to
Poonch

NE, Myanmar and
Bangladesh connect

Bharat Mala projects –
coastal road building

Land Boundary agreement
of 1974

Indira – Mujib LBA

Border we share –
4096km
5th longest in
world

Modi’s
neighbourhood
first policy

Modi’s china
Problems:-

21
agreement
signed

Border issues, trade deficit,
Economic corridor through
Pak - Kashmir

Hotline
between
Military HQs

$22bn

Sister – City
Reduce Trade Deficit
$38 bn in 2013-14
$40-45 bn in 2014-15

Chennai –
Chengdu

Electronic visa
on arrival

Designated
2015 as visit India
2016 as visit Cina