-The Hindu Strengthening the repayment capacity of farmers by improving and stabilising their income is the only way to keep them out of distress Indian agriculture is characterised by low scale and low productivity. About 85% of the operational landholdings in the country are below 5 acres and 67% farm households survive on an average landholding of one acre. More than half of the area under cultivation does not have access to...
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Higher GST on pesticide to affect farmers: Industry
-IANS NEW DELHI: Imposition of 18 per cent rate on pesticides under the Goods and Service Tax (GST) system has become a cause of worry not only for farmers but crop protection product manufacturers as well. Manufacturers say it will increase agricultural input costs, putting additional burden on farmers as use of pesticides is essential owing to its role in controlling pest and increasing productivity. As the current farming season is at...
More »GST effect: Fate of Ludhiana plywood industry hangs in balance -Sumeer Singh
-Hindustan Times Ever since the goods and services tax (GST) was brought to force, there has been a 60% fall in the demand for plywood, owing to the tax rate of 28% on furniture goods. Situated on the outskirts of Ludhiana city in Hambran, is a small plywood manufacturing unit. Until last month, the manufacturing unit had a 110-strong workforce. But now the owner, Wazir Sood, has temporarily laid off 70 workers....
More »Farm crisis: Landless may be better off, but landed are worse off; here is what you should know of rural distress puzzle -Pranjul Bhandari
-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...
More »Maharashtra makes drip irrigation mandatory for sugar cane cultivation -Abhiram Ghadyalpatil
-Livemint.com Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap of Rs. 85,400 per hectare Mumbai: In a significant move, the Devendra Fadnavis government in Maharashtra on Tuesday decided to make drip irrigation mandatory for sugar cane cultivation over 3.05 lakh hectares in the state. Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap...
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