-IndiaSpend Agro-companies growing crops are allowed the same tax Relief as individuals in states levying no agricultural income tax Mt Abu: It’s reasonably well known that income from agriculture attracts no tax in India. What isn’t quite as well known is that of more than 400,000 taxpayers claiming exemption for agricultural income in the assessment year 2014-15, the biggest were seed giant Kaveri Seeds—it claimed Rs 186.63 crore exemption and made a profit...
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Not so simple to drought-proof the farmer; stock up for dry days -Himangshu Watts
-The Economic Times Blog The massive increase in expenditure on irrigation in this year’s Budget has raised hopes that more water will flow into fields. This can drought-proof the farmer, increase crop output and lead to greater rural prosperity, which, in turn, will generate demand for all kinds of goods and services. So, everybody will live happily ever after. Not so simple. While higher spending on irrigation is a good beginning, a lot...
More »Maharashtra: Panel advises Sikkim-pattern non-chemical farming to curb suicides -Sudhir Suryawanshi
-DNA Reintroduction of oil seed and pulses which require less water is must, govt told Mumbai: To curb the growing number of suicides, Maharashtra government should ask farmers of 14 suicide-prone districts to adopt the Sikkim-pattern non-chemical farming. This suggestion has come from the committee which was appointed by the government to look into the vexed issue. The report filed by the committee said that the rain-sensitive cash crop in these 14 crisis...
More »More than 100 farmers in Maharashtra sought suicide clearance, Govt tells Rajya Sabha -Sayantan Bera
-Livemint.com These farmers belong to Wardha district, which is among the worst-hit by drought for two years in a row New Delhi: More than 100 farmers from a drought-hit district of Maharashtra asked the state government for permission to commit suicide, but decided not to take the extreme step after officials counselled them against it, the government has told Parliament. One hundred and nine farmers from Wardha district of Maharashtra—among of the...
More »Promise of Achhe Din? A Critical Analysis of Union Budget 2016-17 -Delhi Solidarity Group
-Report by Delhi Solidarity Group The Government of India presented its annual budget with much fanfare, claiming it to be propoor and pro-rural, but the question looms whether it will really change the lives of the marginalized sections of the society. For a country like India that claims to be ‘democratic, socialist, sovereign, republic’ working towards the ‘welfare’ of its citizens it might be assumed that the key areas on priority...
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