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Automatic Identification and Data Capture [AIDC] Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030

Automatic Identification and Data Capture [AIDC] Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030
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Agri infra cess for whom? - The Hindu BusinessLine

Agri infra cess for whom? It must be used for farmers’ benefit On the economic policy front, it was amply clear that unlike other crises, Covid-19 had a significant impact on demand and supply. India recognised the disruptive impact and had to charter its unique path amidst the dismal projections. As a result of the policy initiatives undertaken by the government, as per the Economic Survey, the country saw a V-shaped recovery. In the backdrop of an unprecedented crisis, the year 2020-21 had been a challenging one on the fiscal front. The shortfall in revenue collection owing to the interruption in economic activity and the additional expenditure requirements to mitigate the fallout of the pandemic on the economy created immense pressure on the available limited fiscal resources.

Understanding the zero-sum game of the new agriculture infra cess

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There is no provision to take credit of the agriculture infra cess: Expert

Read more about There is no provision to take credit of the agriculture infra cess: Expert on Business Standard. This should not matter much because wherever AIDC has been imposed, the basic customs duty (BCD) or excise duty has been reduced, and in any case

New agriculture cess will fund farm infrastructure, says FM Sitharaman

New agriculture cess will fund farm infrastructure, says FM Sitharaman ANI | Updated: Feb 07, 2021 21:18 IST Mumbai (Maharashtra) [India], February 7 (ANI): Elaborating on the Agriculture Infrastructure and Development Cess (AIDC), a new cess announced in the union budget 2020-21, Union Finance Minister Nirmala Sitharaman on Sunday said that with AIDC, the central government will have some money for funding agricultural infrastructure activities. During an interaction with the media on the Union Budget 2021-22 here, Sitharaman said that money collected through AIDC will go back to the states. With customs duty reduced to some extent, AIDC has been brought in. Now an importer will probably pay less than before when there was no cess at all. With this cess, the government will have some money for funding agricultural infrastructure activities. Since such infrastructure is built at the state level, the money collected will go back to states,

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