-The Times of India BATHINDA: Fertilizer and pesticide dealers of Mansa and Barnala districts pulled down the shutters on Tuesday to protest against the imposition of Goods and Services Tax (GST) from July 1. Moreover, seven farmer outfits have also convened a joint meeting on June 30 to decide a course of action in the wake of the new taxation policy. With the GST coming into force, fertilizers, which are currently exempt...
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Burden of farming outweighs rewards: Is India staring at another Nandigram moment? - Rajesh Mahapatra
-Hindustan Times Interventions such as loan waivers or MSP revisions can at best offer temporary succour. At worst, they deflect attention from the real issues behind the crisis that has been in the making for long On March 14, 2007, when 14 farmers died in a clash between villagers and police forces in Nandigram of West Bengal over acquisition of land for an industrial project, few had imagined it would mark a...
More »GST rate: Fertilizers to come under 12% tax slab, prices likely to rise -Sayantan Bera
-Livemint.com The GST Council has fixed a 12% GST rate on fertilizers, up from the current 4-8% rates, depending on raw materials used and in which states the products are sold New Delhi: India’s landmark tax reform, the goods and services tax (GST), may not be good news for farmers. Retail prices of commonly used fertilizers and micronutrients are likely to increase, not only raising the cost of cultivation but also leading...
More »Neem works its magic on urea -Harish Damodaran
-The Indian Express PM Modi government’s mandatory coating policy brings down sale of fertilisers, despite record farm production Here’s an apparent contradiction: The Narendra Modi government claims that India’s foodgrain output will hit a record 271.98 million tonnes (mt) in 2016-17 — up from last year’s 251.57 mt — with production of rice, wheat, maize, pulses and even oilseeds estimated at all-time highs. Yet, fertiliser sales — considered a proxy for farm sector...
More »Direct transfer, 2 lakh sale points: Big fertiliser subsidy reform rollout in June -Harish Damodaran
-The Indian Express Under the proposed system, payment of subsidy is to be based on weekly settlement of claims from actual sales data captured on POS machines. Buoyed by its landslide win in the recent Uttar Pradesh assembly elections, the Narendra Modi government has decided to fast-track the implementation of the direct benefit transfer (DBT) system for payment of fertiliser subsidy to farmers. From the coming kharif season, beginning June, the Rs...
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