-The Indian Express There are many things that the government can do to improve ease of doing business for kisan and industry. The budget season is upon us, with a flurry of submissions being made to the finance minister from all quarters. The budget itself could result in a fine-tuning of tax rates and allocation adjustments against various expenditure heads/ministries. There are implications from these for all sectors. And no less...
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Budget 2020 | Economic revival has agriculture as a good starting point -Siraj Hussain
-Moneycontrol.com Since the general elections, the agriculture sector has taken a back seat as the economy has itself touched new lows Since public memory is short, there is every likelihood that food inflation of 14.12 per cent in December 2019 will obfuscate the last four year’s history of low prices of food items. Vocal sections of urban India would do well to remember that in January 2017, May to August 2017 and...
More »Budget 2020-21: Govt to announce Rs 10,000-crore 5-year plan for FPOs -Prabhudatta Mishra
-Financial Express Budget 2020: The direct budgetary aid would be in the form of a grant equivalent to the equity capital of each FPO. Budget 2020: The government will likely announce a five-year scheme in the upcoming Budget, entailing a total support —both budgetary and indirect —of Rs 7,000-10,000 crore to honour its pledge of creating 10,000 farmer producers’ organisations (FPOs) and help boost their agricultural income. The direct budgetary aid would be...
More »Farmers stare at another loss despite good rains. They need a boost from govt -Richard Mahapatra
-Down to Earth Indian farmers have accumulated huge debts due to crop damages and less remunerative price for produce When the National Statistical Office released the advance estimate of gross domestic product (GDP) growth for the 2019-20 fiscal year, the optimism for farmers — with an above-normal monsoon — fizzled out. India’s GDP growth for the current financial year was pegged at 5 per cent, the lowest in 11 years. In 2018-19, the...
More »Agriculture exports: How it has the potential to transform Indian farm sector -Ashok Sharma
-The Indian Express There’s a need to come up with a new model of growth through focused value chains. When it comes to exports, there are several key issues that affect the various stakeholders concerned. It’s almost sardonic that when you type “agrarian” in Google, it invariably suggests “crisis” as the following word. In 2019, the Indian farm sector grew minus 0.1% year-on-year in January-March and 2% and 2.1% in the next...
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