Govt sets up committee to draft new direct tax lawCabinet gives nod to Indo-Filipino pact on customs mattersUnion Cabinet okays India's membership for EBRDCabinet extends IICA scheme till 2019-20Cabinet okays new scheme 'Mahila Shakti Kendra' (See 'TOG News')Cabinet nod for setting up of the 15th Finance CommissionSC, HC judges to get salary hike (See 'TOG News')Sikkim, Chhattisgarh adopt direct selling guidelines (See 'TOG News')TP - Inclusion or exclusion of comparables per se, is no question of law, unless it is demonstrated that relevant factors are excluded in ALP determination that impact significantly: HC (See 'TOG Latest')Income Tax - Contribution by foreign govt., made to a trust set up by the govt. in a JV with a foreign govt. exempt from income tax: ITAT (See 'TOG Latest')Central Excise - Standard units of quantity mentioned in Central Excise tariff have not been made mandatory by CBEC: CESTAT (See 'TOG Latest')Customs - When veracity of statement has not been tested by providing x-examination, penalty cannot be imposed: CESTAT (See 'TOG Latest')No dictate, even Appeal works; FMCG does the needful (See 'TOG News')DTAA - Payment made to overseas HO for use of software licence, is covered under term 'royalty' & is liable for deduction of tax at source u/s 195: ITAT (See 'TOG Latest')Income Tax - Inability to maintain quantitative & qualitative stock register, due to complex nature of Assessee's business, does not calls for rejection of books of account u/s 145(3): HC (See 'TOG Latest')Customs - No retrospective higher norms are maintainable when same was ratified & supported by actual consumption or scrap data: CESTAT (See 'TOG Latest')Service Tax - Demand of ST on transportation of lime stone by treating it as cargo handling service is not sustainable: CESTAT (See 'TOG Latest')Cooperatives ensure remunerative income for farmers & rural population: Agri Min (See 'TOG News')Coordination between regulatory authorities & pharma sector will promote new technologies: Govt (See 'TOG News')Anti-Profiteering Authority in GST- a paper tiger? (See 'TOG Insight')
Tax on Go
Budget 2015
Click the banner to download Documents
HOME       GST     INDIRECT TAX     INCOME TAX     DTAA     TP     MIXED BAG     LIBRARY    

TOG NEWS

Agri minister addresses 89th Foundation Day of ICAR
By TOG News Service
Jul 17, 2017

TOG News Service, New Delhi, July 17, 2017: The Indian Council of Agricultural Research (ICAR) is the premier organisation that had started Green Revolution in the country and today, the country has not only come out of a food deficit situation but also has become self-sufficient in foodgrains and now it has surplus foodgrains. The Union Agriculture and Farmers Welfare Minister Mr. Radha Mohan Singh yesterday addressed the 89th Foundation Day Celebration of ICAR and Annual Award distribution function.

While addressing the function, Mr. Singh said that agricultural scientists have played a significant role in bringing Green Revolution and developing research and technology and the contribution of agriculture and allied sectors to Gross Value Added (previously known as GDP) is 18%. This achievement has been possible due to the contribution of institutions of ICAR and State Agricultural Universities and hard work of farmers.

At the event, 122 awards were presented for excellence in 19 various categories. It includes 3 institutes - 2 AICRPs, 12 Krishi Vigyan Kendras, 19 farmers and 80 scientists, including 30 women. The Minister congratulated the three best-ranked Universities, Official Language Awardees and other winners for their outstanding achievements and contributions.

While emphasising the importance of agriculture sector, the Agriculture Minister said the government has taken several steps for sustainable development of agriculture. Several measures have been proposed for the farmers' welfare and improvement in agriculture such as bringing 2.85 million hectares under irrigated area by 2012-2018, providing assistance of Rs.2,87,000 crore (42.1 billion US dollars) to the village panchayats and municipalities and to provide electricity to all the villages.

Other initiatives include improvement of irrigation through Pradhan Mantri Gram Sinchai Yojana, increasing the effectiveness of water under Per Drop More Crop, and to increase the income of farmers, e-NAM has been started. For the growth of agriculture and to cover the risks of farmers from climate adversities for agricultural development, the Pradhan Mantri Fasal Bima Yojana has received a widespread approval as a major landmark policy.

Mr. Singh expressed happiness over the fact that the Government Soil Health Card Scheme has been made successful by the institutions of ICAR, Agricultural Universities and various development departments. The Minister also expressed hope that young researchers will take special initiative for the success of government schemes.