-The Hindu Most of the earnings of the average farm household were spent in meeting consumption expenditures. Finance Minister Arun Jaitley announced a slew of measures in the Union Budget 2017 to boost the agriculture sector. Higher agricultural credit, higher allocation for irrigation projects, a crop insurance scheme and increased allocations for MGNREGA to dig farm ponds were among the measures announced on February 1. But will these help attain the goal...
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Punjab farmers give thumbs down to Budget provisions -Manraj Grewal Sharma
-Hindustan Times Nawanshahr: “The budget is far removed from reality.” That is how young Meet Pal Singh, an MBA who has set up a polyhouse in Mahalon village of Nawanshahr, dismisses the budget. The tall light-eyed youth, who is feted as a progressive farmer in the area, says the Modi government should first focus on implementing the MS Swaminathan report for farmers before coming up with a new set of proposals. Dr...
More »How the Krishi Kalyan Cess funded flagship schemes for farmers -Sayantan Bera
-Livemint.com Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17 New Delhi: Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17, budget documents presented in the parliament on Wednesday showed. The central government is spending money from this corpus...
More »Farmers are not happy with the Union Budget of 2017 -Jayashree Bhosale
-The Economic Times PUNE: Farmers are highly disappointed with Budget 2017 alleging that the Prime Minister has not done enough to fulfill his pre-election promises made to the farming community. The announcement of increasing farm credit to 10 lakh crore may not help much the small and marginalised farmers, who are outside the banking network. "About 60% of the farmers are outside the banking system. They depend upon the informal sector for Loans....
More »Amid election extravaganza, cycle of farmer suicides continue to rust India's grain bowl
-ANI Ludhiana (Punjab): "My father was under debt, no leader came for help," says a tear eyed Gursevak Singh, the son of a Punjab farmer who committed suicide. Gursevak's father, who was drenched in debt, committed suicide after his crops got damaged. "My father committed suicide, he was under debt and succumbing to the tension of repaying the Loan he took the decision of ending his life. No leader helped us," he says. Ever...
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