-The Hindu Business Line Karnataka, the first State to formulate an organic farming policy way back in 2004, has stepped up measures to spread the concept among farmers in recent years. Also, it has been working on rebuilding farmers’ interest in millets through incentives such as guaranteed buy-back and a bonus over the minimum support price. To provide market linkages to the over 1 lakh organic farmers in the State, the Karnataka government...
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Farmers wilt under fodder, water crisis in Karnataka -Vishwanath Kulkarni & Anil Urs
-The Hindu Business Line Bengaluru: “There is no wateror fodder this year, and it has become tough to manage my three cows,” says Nagamma, a dairy farmer at Maradevanahalli village in Maddur taluk. The cows and her one-acre farm are her only sources of livelihood. “The milk yields have reduced: these days I get only about 5-6 litres, against 10-12 litres earlier,” she adds. The Maradevanahalli village panchayat provides about 200 litres...
More »A Budget few can quarrel over -TT Ram Mohan
-The Hindu Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections Some said it was a ‘make or break’ Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth. Others said it would be a populist budget aimed at the upcoming elections in Uttar Pradesh and elsewhere. It has turned out to be neither. Finance Minister Arun Jaitley has presented...
More »Quality of spending comes under radar as fiscal draws to a close -Surabhi
-The Hindu Business Line Economists warn that Revenue deficit may breach target New Delhi: Will the Exchequer’s switch to a new classification of expenditure from 2017-18 help lower the Revenue deficit and improve the quality of spending? The Finance Ministry believes that shift in classification to revenue and capital expenditure from April 1, departing from the current distinction of Plan and Non-Plan spending, will help it direct expenditure towards productive purposes. It is also...
More »Tax buoyancy improves, thanks to indirect levy -Muthukumar K
-The Hindu Business Line Research Bureau But indirect tax is inequitable as it is a burden for both the rich and the poor alike The growth in tax collection in relation to GDP growth has improved over the past couple of years under the Modi regime. In 2013-14, the final year of the UPA regime, tax buoyancy hit a four-year low at 0.71. Since then, it has improved to 1.23 in 2014-15 and...
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