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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Punjab study links rise in farm incomes to FPO membership -Vikas Vasudeva

-The Hindu A study at the Ludhiana-based Punjab Agricultural University to track the impact of Farmer Producer Organisations (FPO) on the income and employment of farmers in Punjab during 2019-20, has revealed that incomes increased after farmers joined the FPOs and the impact was greater among small, marginal and semi-medium farmers. Chandigarh: The study, titled “Economic Impact of Farmer Producer Organisations on Punjab Peasantry”, asserts that overall, the while permanent labour employment...

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Convergence of agrarian discontent in South Asia -Ahilan Kadirgamar and Hashim bin Rashid

-The Hindu With protests becoming catalysts for anti-authoritarian struggle, the air is ripe for new visions of rural emancipation Those familiar with the systematic attack on agriculture in South Asia over the last decades will not be surprised at the ongoing farmers’ protests in India. It could have been Pakistan, where farmers protesting for support prices were beaten up and arrested in Lahore only a month ago, or Sri Lanka, where shortages...

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‘Neither a politician, nor a terrorist’: Agricultural scientist writes to PM after refusing award -Raakhi Jagga

-The Indian Express Dr. Varinderpal Singh, Principal Soil Chemist at Punjab Agricultural University (PAU), Ludhiana, went up on the dais at an event organised by the fertilizers Association of India in the Capital on Monday, but refused to receive the award from the Union minister for chemicals and fertilizers. Ludhiana: In more symbolic support to the farmers’ protest on the fringes of Delhi, a senior agricultural scientist refused to accept an award...

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Economic Liberalisation and Fertilizer Policies in India -Prachi Bansal and Vikas Rawal

-Society for Social and Economic Research The economic reforms which were started in 1991 shifted the focus of fertilizer policies away from playing a leading role in building the fertilizer industry and ensuring the availability of fertilizers at affordable prices to farmers. Under the neo-liberal policy framework, reducing the fiscal burden of fertilizer subsidies and the foreign exchange burden of fertilizer-related imports became the overriding concerns of the state.  Interestingly, the post-liberalisation...

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