-The Hindu What is the Opposition-ruled States’ stand on reduction of value added tax to bring down petrol prices?  The story so far: Petrol is Retailing at more than ₹100 per litre across India. While rising crude oil prices have added to the burden, the primary reason behind the steep increase in pump fuel prices over the last few years is the gradually rising Central Government's excise duty component. Currently, for every...

 -PTI/ Business Standard The government will not increase Retail prices of urea and also provide adequate subsidies to ensure that the maximum Retail prices of non-urea fertilisers remain at the present level, sources said India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher...

-DailyPioneer.com Food grain traders protest against tax hike Ranchi: Different trade bodies associated with Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) on Wednesday staged a symbolic protest against the agriculture marketing tax imposed by the State government. The trade organizations associated with fruits, vegetables, food grains, rice mills, Retail traders and others participated in the protest. The trade bodies questioned the imposition of new agriculture tax in the State (Jharkhand) where...

-NITI Aayog Working Paper, ISBN: 978-81-953811-7-3 Abstract -  The importance of agriculture in an economy usually declines as it climbs the development ladder. Raising agriculture productivity has been known to be an important precursor. Labour productivity in agriculture can either be increased by higher land productivity or higher land availability per farmer and mechanisation. In India, however, the dramatic increase in land productivity through industrial farming has caused severe environmental damage and...

-TheWire.in The wholesale price inflation for wheat in March was 14%. The Retail prices will, therefore, reflect the same once the peak arrival season is over, in June 2022. Even the critics of India’s public distribution system (PDS) acknowledge that it worked well during the Covid-19 pandemic. Additional allocations of free food grains at 5 kg per person per month, under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), helped prevent mass hunger...