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Tractor industry on course to register highest-ever domestic sales in FY-18 -G Balachandar

-The Hindu Business Line Good kharif crop, govt thrust on agri and rural segments boost sector’s Q3 performance Chennai: Encouraged by the continuing momentum in sales, the tractor industry hopes to end the current fiscal with highest-ever domestic volumes close to 6.8 lakh units. The industry’s previous highest domestic number was in 2013-14 when domestic sales stood at 6.34 lakh units. Tractor companies and industry analysts project a growth rate of 17-18 per cent...

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Punjab industry gives thumbs down to Arun Jaitley's Union Budget -Mohammad Ghazali

-Hindustan Times The industry termed it a populist budget to reap electoral gains. Ludhiana: The industry in Ludhiana found nothing to cheer about in the Union Budget presented by finance minister Arun Jaitley on Thursday. Industrialists and traders from across the city, often called the Manchester of India, were expecting tax relief and sops for micro, small and medium enterprises. President of the Federation of Industrial and Commercial Organization Gurmeet Singh Kulhar said...

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The last budget of Modi government -Himanshu

-Livemint.com The budget to be presented on 1 February may be the last full budget of the Narendra Modi government unless it uses the opportunity to revive the economy The budget to be presented on 1 February will be the last full budget of this government. The budget in 2019 will only be a vote-on-account. But whether this will be the last full budget of the Narendra Modi government will depend on...

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Taking their cue from economic survey, activists attack govt for failing to address farm concerns -Vishwa Mohan

-The Times of India NEW DELHI: Flagging poor returns to farmers due to low minimum support price (MSP) and inadequate market interventions, farm activists on Tuesday demanded setting up a permanent statutory commission on farmers' income and asked the government to take measures to ensure remunerative prices to cultivators and make the farming climate resilient. Pointing at the economic survey which found only a slight increase in real agriculture income in the...

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Farmers and fertiliser spend: How to make nutrient-based subsidy a success -Anuj Agarwal

-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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