-Frontline.in The argument that the Indian farmer is overburdened by “negative support” has become contentious in the context of the recent farm laws. In reality, this does not hold up to scrutiny. In the heat of the ongoing protests against the new farm laws, some views have emerged that the state has saddled the Indian farmer with excessive taxes. In support of this contention, methodology and data from the Organisation for Economic...
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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »Punjab study links rise in farm incomes to FPO membership -Vikas Vasudeva
-The Hindu A study at the Ludhiana-based Punjab Agricultural University to track the impact of Farmer Producer Organisations (FPO) on the income and employment of farmers in Punjab during 2019-20, has revealed that incomes increased after farmers joined the FPOs and the impact was greater among small, marginal and semi-medium farmers. Chandigarh: The study, titled “Economic Impact of Farmer Producer Organisations on Punjab Peasantry”, asserts that overall, the while permanent labour employment...
More »Farm laws and ‘taxation’ of farmers -R Ramakumar
-The Hindu To show Indian agriculture as being net taxed to argue for the farm laws has poor conceptual validity Over the past three decades, a major rationale offered in favour of liberalising Indian agriculture was that farmers were “net taxed”. In other words, incomes of farmers were kept artificially lower than what they should have been. It was argued that this “net taxation” existed because protectionist policies deprived farmers of higher...
More »Future of Indian agriculture and small farmers: Role of policy, regulation and farmer agency -Sukhpal Singh
-Down to Earth blog The distress among small farmers in India is market-driven to a large extent in both ways — too much protection (minimum support price) or too little. The question of future of Indian agriculture has been around for some time now since the agrarian distress and crisis in the sector. It has become important in the context of the spate of recent reforms that include permitting private wholesale markets,...
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