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To Harvest Enterprise -Lola Nayar

-Outlook A tax holiday is expected to push more farmers to turn entrepreneurial The Budget’s announcement of a five-year tax holiday for Farmer Producer Organisations (FPOs) with a turnover of up to Rs 100 crore came as a relief to the thousands of farmers who are members of around 4,000 such companies in the country.  In December 2017, a sizeable number of farmers gathered at a national conference org­anised in Pune were...

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Too clever by half? -Venkatesh Athreya

-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...

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Centre, states to discuss how to ensure MSP for farmers

-PTI The Centre will consult state governments early next month to set up a mechanism for protecting farmers' income when market prices fall below the minimum support price (MSP), Agriculture Secretary S K Pattanayak said today. A model law is also being prepared to ensure tenant cultivators get institutional credit and interest subsidy, he added. "We will call a meeting of state governments early next month to discuss a mechanism so that farmers...

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Tomato prices in MP fall from Rs 30/kg in Oct to Rs 2/kg

-PTI Due to a bumper crop, wholesale prices of tomato in Madhya Pradesh have plummeted to as low as Rs 2 per kg, from Rs 30 in October, farmers said. Yogesh Septa, a farmer from Raipuria village in Petlawad area of Jhabua district, a major tomato-producing region, said, "We are getting on average Rs 2 per kilogram of tomatoes in wholesale markets. We won't recover even the production and harvesting cost at...

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Dalit farmers may fail to benefit from agricultural sops announced by govt -Harry Stevens

-Hindustan Times In an effort to relieve farmers’ economic distress, the Centre included in the Union Budget an increase in the minimum support price (MSP) for monsoon crops and pledged Rs 500 crore to Operation Greens, a programme to help growers of tomatoes, onions, and potatoes. New Delhi: The benefits from the Union Budget’s concessions to Agriculture will not be shared equally among Indian farmers. Dalits, in particular, may lose out on the...

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