|| SHANIWAR SAMWAD || 18-02-2023

 Continued...

The taxation part of the Cooperative is also taken care of with a reduction in income tax up to 15%, the Pacs will not only give much-needed cash to its member but also will be in possible to share higher profits due to this low-income tax.

The common services center which is giving citizens daily needed services at affordable cost in urban areas will be in a position to give it to the rural population at a single location.

The cost for both the service provider and the seeker will be less and less time-consuming due to this, with quick results.

The new initiatives which require both time and money with proper training on the same will be easy as they will get all from the respective state and central government. The need of the hour is to give a speedy solution with less interference from local administration which will not only save time but also the precious resources of rural people. Going forward it will give legal advice to its member on many matters which is of utmost importance to them which will create a conducive environment and confidence of not losing income and land holding.

But this will increase their income slowly and steadily.

Blockchain technology and this budget initiative are going to change the agriculture sector as it will make agriculture a profitable venture.

The TReDS, which is going to help the MSME sector with bill discounting is going to have one more participant i.e. Insurance companies, there is going to increase the liquidity in the system with more enterprises will be added.

The both MSME and Agriculture sector are now getting increased focus on new initiatives that are going to make things easy for them and versatile.

The ONDC will make them get more business, visibility, and profit.


Location: India

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