14.12.22 Daily [Madhya Pradesh] MPPSC Current Affairs

The year 2022 was a year full of remarkable achievements for Madhya Pradesh in terms of financial management, revenue collection, enhancing taxpayers facilities and return filing. Madhya Pradesh is included in the first 5 states of the country.

There was an increase of 19 percent in the of the state. The revenue received in the financial year 2021-22 was Rs 38 thousand 963 crore as compared to Rs 32 thousand 764 crore received in the financial year 2020-21. In the current financial year 2022-23, a revenue of Rs 28 thousand 582 crore has been generated till the month of November, which is 19 percent more than the revenue of Rs 24 thousand 100 crore received till the month of November in the last financial year 2021-22.

The year 2022 proved to be a year of facilities for taxpayers. The State Government provided ample facilities to the tax payers. Complex procedures were simplified for them. Deemed registration has been provided in one working day to the online applications received for registration under Madhya Pradesh Vat Act-2002. By doing away with the provision of submission of VAT audit report for taxpayers doing business of more than 10 crores worth of taxable goods, only the audit report to be submitted in the Income tax Act has been recognised. The provision of criminal prosecution procedure has been deleted.

In the Goods and Services Tax Act 2017, a standard procedure was issued for the convenience of departmental officers and businessmen in order to bring uniformity in the process of obtaining registration, to simplify the process and not to obtain unnecessary documents. Standard procedure has also been made for uniformity in the scrutiny process of the returns submitted by the dealers.

In order to bridge the <a href="https://exam.pscnotes.com/Agriculture-notes-for-state-psc-exams”>Agriculture gap by empowering agriculture and villages and boosting private Investment, the Government of India launched a Central Sector Scheme of financing facility under Agriculture Infrastructure Fund. The AgricultureInfrastructure Fund (AIF) is a medium-long term debt financing facility through interest subvention and credit guarantee support on loans for investment in viable projects for post-harvest management infrastructure and community farming assets.

Under the scheme, Rs. 1 Lakh Crore will be provided by banks and financial institutions as loans with interest subvention of 3% per annum and credit guarantee coverage under CGTMSE for loans up to Rs. 2 Crores to the eligible beneficiaries include farmers, FPOs, PACS, Marketing Cooperative Societies, SHGs, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Start-ups, and Central/State agency or Local Body sponsored Public-Private PARTNERSHIP Projects for creation of post-harvest management infrastructures like Supply chain Services including e-marketing platforms, Warehouses, Silos, Pack houses, Assaying units, Sorting & grading units, Cold chains, Logistics facilities, Primary processing centres, Ripening Chambers etc.

Community farming assets eligible under Agri Infra Fund includes: Organic inputs production, Bio stimulant production units, Infrastructure for smart and precision agriculture, Projects identified for providing supply chain infrastructure for clusters of crops including export clusters, Projects promoted by Central/State/Local Governments or their agencies under PPP for building community farming assets or post-harvest management projects.

To implement the budget announcement 2020-21, a Committee was constituted on Kisan Rail and Krishi Udan. The Committee constituted a sub-committee for detailed deliberation and preparation of concept note under convenership of Executive Director, RAILWAY Board.

Ministry of Railways after due deliberation with Ministry of <a href="https://exam.pscnotes.com/Agriculture-notes-for-state-psc-exams”>Agriculture & Farmers Welfare has started operating Kisan Special Trains for transportation of perishable / agriculture products, Dairy, Fisheries etc. These trains are multi-commodity, multi-consignor/consignee Services, running in a time-tabled manner with stoppages at all major stations.

The first Kisan Rail was flagged off from Devlali (Maharashtra) to Danapur (Bihar) by Shri Narendra Singh Tomar, Hon’ble Minister of Agriculture & Farmers Welfare and Shri Piyush Goyal, then Hon’ble Minister of Railways, Commerce & Industry on 7th August 2020, for transportation of perishable agriculture/horticulture products, dairy, fisheries etc.

Currently, a total of 2359 trips of Kisan Rail trains have been operated on 167 routes, wherein nearly 7.9 lakh tones of consignments have been transported.

The routes for Kisan Rail are decided on demand received from farmers and other stakeholders. Whenever a demand for Kisan Rail for a particular route is received, arrangements are made by the concerned Zonal Railway for supply for rakes and operation of Kisan Rail train, duly considering the operational feasibility of the proposed route.