In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% Profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
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Cess to pay for cowsheds in UP -Omar Rashid
-The Hindu Opposition slams move; Mayawati challenges Centre to impose it nationwide Lucknow: To tackle the menace of stray cattle, the Yogi Adityanath-government in Uttar Pradesh has decided to set up ‘temporary’ shelter homes for cows across the State but the costs will be borne by the public in the form of additional ‘cow welfare cess’ on excise items. In a Cabinet meeting on Tuesday, the State government decided to introduce an additional...
More »Fasal Bima Yojana: Farmers' Distress is Source of Profit for Companies -Subodh Varma
-Newsclick.in The Modi government paid Rs.34,859 crore and farmers paid Rs.7,255 crore to insurance companies in three crop seasons. Among the series of schemes launched (or repackaged) by the Narendra Modi-led National Democratic Alliance government, one of the most toxic is the Pradhan Mantri Fasal Bima Yojana (PMFBY). Its purpose is to provide crop insurance to farmers, that is, if the crop fails due to some non-preventable reason, such as weather calamity...
More »Dip in jobs, Profits for MSMEs; noteban, GST to blame: Survey -Arun Janardhanan
-The Indian Express While job loss was reported at the rate of 43% in the trader segment, micro-segments reported job losses of 32%, small segments reported 35% and medium-scale industries reported 24% job losses. Traders and micro, small and medium enterprises (MSMEs) across the country have reported steady job loss and declining Profits since 2014 and demonetisation, the roll-out of GST are among the reasons for the slowdown, according to a...
More »Farmers and Their Nation
-Economic and Political Weekly The cultivating millions need a responsive nation; they have decided not to flee or desert it. In the last few months, the All India Kisan Sangharsh Coordination Committee (AIKSCC), consisting of nearly 200 farmers’ organisations, has been mobilising farmers for a march towards Delhi (Dilli Chalo). They plan to reach the capital city on 29 and 30 November. The AIKSCC’s main agenda is the demand for a special...
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