-The Indian Express A 50-kg bag of di-ammonium phosphate (DAP), the most widely consumed fertiliser in India after urea, will cost farmers Rs 1,900, more than 58 per cent higher than the existing rate of Rs 1,200/bag. In the midst of Assembly elections in West Bengal and ongoing protests against the Centre’s farm laws, the country’s largest fertiliser seller – Indian Farmers fertiliser Cooperative (IFFCO) – has steeply raised prices of nutrients. A...
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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »As the Rich Receive State Patronage, Modi Has Left the Poor to Be 'Atmanirbhar' -Ravi Joshi
-TheWire.in Under Modi, the state bears the losses of the rich, with tax concessions and state subsidies. But, working classes have to live through complete doing away of fertiliser subsidies, and petrol and diesel subsidies. Last year on May 12, in the peak of COVID -19-induced lockdown, when the poorest of the poor migrant workers were walking thousands of kilometres to their homes, Prime Minister Narendra Modi, with the insight of an...
More »How balanced soil nutrient management can save Indian agriculture -Ridham Kakar
-Down to Earth The ill-effects of imbalanced application of fertilisers — which leads to soil sickness, decline in soil health and reduces crop productivity — need to be understood to save Indian agriculture. Soil is rightfully called the ‘soul of infinite life’. This soul, however, has become dilapidated of late due to ill-agricultural practices being adapted to feed the ever-increasing mouths. The Green Revolution of 1965-66 helped India, for the first time...
More »The Enormous Extra Spend In Budget Is An Illusion -Aunindyo Chakravarty
-NDTV blog Nirmala Sitharaman said: "We have spent, we have spent and we have spent." She had every reason to claim that, since the budget numbers show that the centre spent ₹ 4.1 lakh crore, or 13 percent above what it had planned for last year. Additional spending will continue this year: expenditure is estimated to go up by 14.5 percent in 2021-2022 compared to last year, even though the government's...
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