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Decoding the Agony of the Indian Farmer -Nilanjan Banik

-TheWire.in Statistical analysis suggests that farmers in states that have amended the Agricultural Produce Market Committee Act are less likely to commit suicide, but further reforms are needed to reduce the incidence of farmer suicides across the country. Every summer, it is the same old story: drought and farmers committing suicide in India. Between 2012 and 2015, over 10,000 farmers killed themselves. Farmer suicides are a major cause of political contention, despite...

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Niti Aayog backs tax on agriculture income

-The Times of India NEW DELHI: Niti Aayog, the government's thinktank, has strongly backed taxing of agricultural income above a certain threshold and removal of exemptions on personal income tax as part of a strategy to expand the tax base and prevent evasion. There is a view within the thinktank that the blanket relief on agricultural income was aimed at protecting farmers, but it was being misused by many non-farmers who...

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Waiving loans doesn't end the distress -Rajalakshmi Nirmal

-The Hindu Business Line The solution lies in better prices for produce, generating non-farm income, and reducing costs of farming After the Yogi Adityanath government waived farm loans of about ?36,000 crore for UP farmers, pressure has mounted on other States to follow suit. But contrary to common belief, debt waivers aside from possibly guaranteeing electoral victory, do little to alleviate the plight of farmers. Neither do they help kick-start the rural...

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Ministry comes up with model APMC Act to integrate agri markets

-The Hindu Business Line Proposes single trading licence, single-point levy of market fee New Delhi: The Agriculture Ministry has come up with a new model Agricultural Produce Market Committee (APMC) Act proposing single-point levy of market fee across a State and a united single trading licence for cost-effectiveness of transactions. It has also suggested abolition of fragmentation of market with the State/Union Territory by removing the concept of notified market area insofar as...

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Crop loan recovery rates see sharp decline in Maharashtra -Abhiram Ghadyalpatil

-Livemint.com Farmers are already refusing to repay loans in Maharashtra, expecting a waiver in the works on the lines of that in Uttar Pradesh Mumbai: Would you bother to repay a loan if it was going to be written off anyway? Probably not. There’s no farm loan waiver in Maharashtra yet, but farmers are already refusing to repay loans as they expect a waiver in the works, officials in the state’s co-operative banking...

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