-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...
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Burden of farming outweighs rewards: Is India staring at another Nandigram moment? - Rajesh Mahapatra
-Hindustan Times Interventions such as loan waivers or MSP revisions can at best offer temporary succour. At worst, they deflect attention from the real issues behind the crisis that has been in the making for long On March 14, 2007, when 14 farmers died in a clash between villagers and police forces in Nandigram of West Bengal over acquisition of land for an industrial project, few had imagined it would mark a...
More »GST rate: Fertilizers to come under 12% tax slab, prices likely to rise -Sayantan Bera
-Livemint.com The GST Council has fixed a 12% GST rate on fertilizers, up from the current 4-8% rates, depending on raw materials used and in which states the products are sold New Delhi: India’s landmark tax reform, the goods and services tax (GST), may not be good news for farmers. Retail prices of commonly used fertilizers and micronutrients are likely to increase, not only raising the cost of cultivation but also leading...
More »If crop acreages are up, why are fertilizer sales falling? -R Sree Ram
-Livemint.com The trends are perplexing since crop acreages till last week rose by an impressive 3.7 million hectares from the year ago The latest monthly bulletin from the ministry of chemicals and fertilizers has a curious table on Kharif season fertilizer sales till August. The data shows that except MoP (muriate of potash), sales of other major fertilizers fell from the year-ago period, deepening the mystery about agriculture inputs sales trends...
More »A Union budget for the village -Himanshu
-The Indian Express Government must address the stress in the rural economy, seen in falling wages and incomes, which could reverse recent progress in rural areas Last year in February, Prime Minister Narendra Modi had exhorted voters to vote for his party in the Delhi assembly election, claiming that his victory in the general election had brought luck to the country. Unfortunately, the voters of urban Delhi were not convinced and...
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