-Hindustan Times Ludhiana: Punjab finance minister Parminder Singh Dhindsa may have announced several perks for the agriculture sector, including provident funds for farmers, financial relief to families in which farmers committed suicides and medical insurance as part of the Budget 2016-17 for the state but several Agricultural experts and farmers have pointed out all perks are futile without crop insurance. They stressed that if crop of farmers are not insured by the...
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Vegetable prices rise up to 58% -Dilip Kumar Jha
-Business Standard Supply issues due to unseasonal rainfall behind price rise Mumbai: Green vegetables have become costlier in the past week owing to supply disruptions following intermittent unseasonal rainfalls and thunderstorms across major growing regions. In the benchmark Azadpur mandi in Delhi, the prices of cauliflower has risen the most by 58 per cent to trade currently at Rs 673 a quintal against Rs 427 a quintal a week ago. Interestingly, arrivals of cauliflower...
More »'Agri Growth Can End Poverty'
-The New Indian Express BHUBANESWAR: Eminent Agricultural economist Ashok Gulati on Monday emphasised on higher growth in agriculture sector for faster reduction of poverty. Addressing the second Odisha Knowledge Hub (OKH) lecture series on ‘Getting agriculture back on track in the growth agenda of the Nation and State’ at the Secretariat here, Gulati said the agriculture sector has the potential to grow at five per cent per annum as against the present...
More »Rains, hailstorms unlikely to have major impact on rabi crops: Agriculture Ministry -Sandip Das
-The Financial Express Unseasonal rains and hailstorms in some places over northern states of Punjab, Haryana and western Uttar Pradesh during the last two days is unlikely have any major impact on output of rabi crops such as wheat and mustard, a senior official with the agriculture ministry said on Sunday. “The impact of rains in the last two days on the standing rabi crops is limited and localised,” Trilochan Mohapatra, Director...
More »Farmers are tax exempt, so is company with Rs 215 cr profit -Charu Bahri
-IndiaSpend Agro-companies growing crops are allowed the same tax relief as individuals in states levying no Agricultural income tax Mt Abu: It’s reasonably well known that income from agriculture attracts no tax in India. What isn’t quite as well known is that of more than 400,000 taxpayers claiming exemption for Agricultural income in the assessment year 2014-15, the biggest were seed giant Kaveri Seeds—it claimed Rs 186.63 crore exemption and made a profit...
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