-VillageSquare.in Given the complex and varied situations in rural India, the results of the direct benefit transfer method are so far mixed at best and debilitating at worst, as seen in the subsidies for farm equipment and fertilizers Direct benefit transfer (DBT), a system through which government programs transfer funds directly to bank accounts of beneficiaries, is hailed as a major intervention that is expected to cut a whole lot of misdirection...
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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 »Bio-manure for soil fertility
-The Hindu Tiruchi: The farmers of Lalgudi block said absence of summer showers had brought down the growth of the green manure. There has been a growing awareness among farmers in raising green manure for enriching the fertility of the soil. A farmer of Peruvalanallur in Lalgudi block, V. Padmanabhan, a retired PWD Executive Engineer, said that he raised green manure — daincha — on 13 acres, for use in his paddy fields....
More »Soil health card scheme lags behind due to lack of interest from states -Sayantan Bera
-Livemint.com According to a background note prepared by the agriculture ministry, less than a fifth of targeted farmers have received soil health cards New Delhi: The government’s flagship scheme to correct the imbalance in fertiliser use and reduce costs of cultivation by providing all farmers with a soil health card is moving at a slow pace as states drag their feet. According to a background note prepared by the agriculture ministry and...
More »No direct cash transfers under revised Fertilizer Subsidy regime -Gireesh Chandra Prasad
-Livemint.com New system to settle dues to fertilizer firms within a week, record detailed transaction data at time of sale New Delhi: The direct benefits transfer (DBT) scheme for fertilizers that will go on trial in eight districts this month will not entail what its name suggests— the transfer of cash to farmers’ bank accounts. Under the direct transfer of liquefied petroleum gas (LPG) subsidy, customers pay the entire amount for cooking...
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