-Deccan Chronicle The finance minister said the agricultural output of the country is at a record high and wage of farmers will be doubled by 2022. New Delhi: The Narendra Modi-led NDA government presented the Union Budget 2018-19 on Thursday. In the last full-fledged Budget of the BJP government Finance Minister Arun Jaitley tabled a lot of proposals for the agriculture and the rural economy. For agiculture sector, the Budget 2018...
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Farmers and fertiliser spend: How to make nutrient-based subsidy a success -Anuj Agarwal
-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...
More »Labour reforms: Maharashtra plans to tweak proposal to ease factory closure norms -Vishwas Waghmode
-The Indian Express Will include clause to protect rights of labourers during closure of factories, says labour minister Mumbai: Three months after it proposed to ease norms for closure of factories, the Maharashtra government is now planning to revise its proposal to make it easier for factory owners with less than 150 employees to close down, instead of the 300 employees as proposed earlier. The government said it would also include a...
More »From Plate to Plough: How to help the farmer -Ashok Gulati & Siraj Hussain
-The Indian Express Price deficiency payment schemes in Madhya Pradesh and Haryana do not cover farmers’ losses. Telangana’s input support scheme deserves nation-wide emulation. Farm distress is likely to be one of the major focal points of the upcoming Union Budget. Agri-GDP growth has fallen to around 2 per cent per annum in the first four years of the Modi government; the real incomes of farmers have fallen as well. The growth...
More »Goa's iron ore reserves may exhaust within ten years, opine expert
-PTI Being a strategic mineral resource, indigenous production can save the much-needed foreign exchange, in which laterites can play a significant role, like bauxite, which is mined from south Goa. Panaji (Goa): Iron ore reserves in Goa may exhaust in another 10 years and if there are too many companies involved in mining and the pace of excavation is high, the stocks may not even last for five years, an expert said...
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