-VillageSquare.in Given the complex and varied situations in rural India, the results of the direct benefit transfer method are so far mixed at best and debilitating at worst, as seen in the subsidies for farm equipment and fertilizers Direct benefit transfer (DBT), a system through which government programs transfer funds directly to bank accounts of beneficiaries, is hailed as a major intervention that is expected to cut a whole lot of misdirection...
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Livestock economics: No more cows to come home for these farmers -Anju Agnihotri Chaba
-The Indian Express Punjab’s unique cattle breeding-cum-milk sale dairying model is under threat from gau rakshak activism and the Centre’s new animal trading rules. Randhawa and Gill are amongst Punjab’s many dairy farmers who have made the state into a major supplier of not just milk, but also milch animals. Gurdaspur (Punjab): “When there’s no land in our name, how would we now buy or sell cattle? Are they saying we...
More »As business slumps, anxiety grips U.P.'s cattle markets -Jacob Koshy
-The Hindu Managers of around 3,000 privately-run markets are to meet and protest new rules that ban sale of animals for slaughter at cattle markets Fridays are festive days at Pachokhara. For nearly half-a-century now, farmers, cattle-rearers and tradesmen have made the weekly trip to the cricket stadium-sized grounds of the Upadhyay family— prominent local land-owners — to trade cattle. A dirt road splits the ground into a section for buffaloes and another for...
More »Why shouldn't rich farmers pay? -Mukesh Butani
-The Economic Times blog Finance minister Arun Jaitley was correct when he stated in April that constitutional constraints do not empower his government to tax agricultural income, implying that he is not constrained from amending the Income-Tax Act. B R Ambedkar, in framing the Constitution, was vehemently critical of British land revenue system, the foundation for which was laid during the Mughal period, and strengthened by the East India Company, which...
More »We should tax agriculture. But how? -Madan Sabnavis
-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where money is channelled to avoid paying taxes. As the focus...
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