-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....
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Think beyond loan waivers -Ramesh Chand & SK Srivastava
-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...
More »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 »The draft laws for organic foods, if cleared, will adversely affect small Farmers -Chandra Bhushan
-Hindustan Times The Food Safety and Standards Authority of India’s new certification regulation is going to hinder the growth of the sector. Instead of targeting small Farmers, why not make laws that require mandatory labelling of foods grown with pesticides, chemicals or GMO etc? The Food Safety and Standards Authority of India (FSSAI) recently announced the Draft Food and Standards (Organic Food) Regulations, 2017, aimed at curbing sale of fake organic...
More »Govt admits PM crop scheme lapses
-The Telegraph New Delhi: The government today conceded there were shortcomings in the Prime Minister Crop Insurance scheme and asked states to set up their own insurance companies to prevent "malpractices" by private firms. Speaking during a five-hour debate on the agrarian crisis in the Lok Sabha late on Wednesday night, agriculture minister Radha Mohan Singh said: "There are shortcomings in the implementation although the modified scheme is very good. We are...
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