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Transforming agriculture in Telangana -Dr. Ramesh Chennamaneni

-TelanganaToday.news Promotion of small farmer economy will help escape the six-decade-old crisis and boost the sector in State Agriculture in Telangana, particularly being carried out by small and marginal farmers, is poised for a rapid transition in the coming years. More so, after the historical announcement of a major policy on promotion of small farmer economy by Chief Minister K Chandrashekhar Rao at the recently-held plenary. The first full-scale Budget of 2015-16 addressed...

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Govt will not impose any tax on agriculture income, clarifies FM Jaitley -Arup Roychoudhury, Sanjeeb Mukherjee & Archis Mohan

-Business Standard NITI Aayog says Debroy's views 'personal' Finance Minister Arun Jaitley said on Wednesday that the Narendra Modi government will not impose any tax on agriculture income. This came after Bibek Debroy, member of the Centre’s main think-tank, the NITI Aayog, seemed to suggest in an interaction with reporters on Tuesday that taxes should be imposed on Farm income above a certain threshold to expand the tax base. The Aayog, however, said Debroy’s...

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Decoding the Agony of the Indian Farmer -Nilanjan Banik

-TheWire.in Statistical analysis suggests that farmers in states that have amended the Agricultural Produce Market Committee Act are less likely to commit suicide, but further reforms are needed to reduce the incidence of farmer suicides across the country. Every summer, it is the same old story: drought and farmers committing suicide in India. Between 2012 and 2015, over 10,000 farmers killed themselves. Farmer suicides are a major cause of political contention, despite...

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Niti Aayog backs tax on agriculture income

-The Times of India NEW DELHI: Niti Aayog, the government's thinktank, has strongly backed taxing of agricultural income above a certain threshold and removal of exemptions on personal income tax as part of a strategy to expand the tax base and prevent evasion. There is a view within the thinktank that the blanket relief on agricultural income was aimed at protecting farmers, but it was being misused by many non-farmers who...

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Waiving loans doesn't end the distress -Rajalakshmi Nirmal

-The Hindu Business Line The solution lies in better prices for produce, generating non-Farm income, and reducing costs of farming After the Yogi Adityanath government waived farm loans of about ?36,000 crore for UP farmers, pressure has mounted on other States to follow suit. But contrary to common belief, debt waivers aside from possibly guaranteeing electoral victory, do little to alleviate the plight of farmers. Neither do they help kick-start the rural...

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