-The Indian Express Investment in human capital, science and research remains the Achilles heel of Indian policy. The budget allocation for agriculture research and education has constantly declined from 0.31 per cent of the gross value added of agriculture and allied activities in 2011-12 to 0.24 per cent now Seven years of low crude prices, five years of above normal monsoon topped by good agriculture production, and everything looked positive for a...
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Bag of tricks -Jayati Ghosh
-The Telegraph The Union budget is an extended piece of fiction There is one central message of the Narendra Modi government to the people of India from Budget 2021-22: you will have to be ‘atmanirbhar’ because you’re on your own. The Central government does not have your back. In the midst of the worst health and economic crisis the country has faced since Independence, it will not protect you. It will not...
More »Union Budget 2021: Budget sends mixed signals on farm sector -Priscilla Jebaraj
-The Hindu Farmer advocates not impressed by on-ground impact of budget announcements The Union Budget sent mixed signals to the tens of thousands of farmers who have been protesting on Delhi’s borders for the last two months, and the wider agricultural community. On the one hand, the budget allocation for the Department of Agriculture, Cooperation and Farmers Welfare was slashed 8.5% in 2021-22. The flagship PM-KISAN scheme, meant to provide income support to...
More »The farm Laws need political resolution -Himanshu
-The Hindu It is the supreme authority of Parliament which has the power to solve the issue despite the negotiations outside The deadlock between protesting farmers and the government on the contentious farm Laws have taken an ugly turn, with incidents of vandalism during the tractor parade by the protesting farmers on January 26. It is as yet unclear as to how the peaceful protest for the last two months was allowed...
More »How Could the New Farm Laws Bring Agricultural Income Under the Tax Net? -Jaimal Shergill
-TheWire.in Farmers may have to pay 18% GST on the income earned through corporate farming, which the new Laws are expected to promote. Like a retro Bollywood movie with multiple double acts and plot twists, the controversy surrounding the three farm Laws is not just limited to the specific legislations per se, but there is more to it, much more sinister. When the Income Tax Act, 1995 (ITA) and Central Goods and...
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