-FirstPost.com The rollout of the goods and services tax (GST) starting 1 July has created a panic situation for the fertiliser industry mirroring a similar state of affairs a few weeks earlier with the consumer staple and home appliance manufacturers. An estimated 65 lakh tonne (lt) of bagged fertiliser material worth around Rs 9,500 crore already has the existing maximum retail price (MRP) printed on it. With the rise in GST rates,...
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Instead of farm loan waivers, invest more in agricultural infrastructure -Himanshu
-Livemint.com Not only better integration of farmers with markets, but also large investments in agriculture are the need of the hour The deaths of five farmers in Madhya Pradesh’s Mandsaur district has brought the crisis in agriculture centre stage. While the latest incident may have got media coverage, the fact is that the crisis has been in the making for some time. It intensified in the last one year but signs of...
More »The crops of wrath -Harish Damodaran
-The Indian Express Demonetisation may not have hit agriculture production but it is the cause for the current unrest When demonetisation happened, many, including this writer, thought the decision, taken at the start of rabi plantings in November, would significantly impact farm production. We were proved wrong. Good monsoon rains, after successive drought years, besides the timely onset of winter conducive to germination, turned out to be strong motivations for farmers...
More »INDIA FOCUS: Rising Prices of Dal/ Pulses: How to deal with it? ... What's Being Done? ... A COMPREHENSIVE FACT CHECK...
Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...
More »Goods and Services Tax (GST), explained
-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....
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