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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...

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From plate to plough: An unfulfilled farm manifesto -Ashok Gulati & Siraj Hussain

-The Indian Express On agriculture, three years into the Modi government, while many steps have been taken to realise promises made in 2014, others have fallen by the wayside With the Modi government completing three years in office, it is time to assess its performance in various sectors. We focus here on agriculture. Without robust growth in agriculture, “sabka saath, sabka vikas” will remain an empty slogan. There are two ways to evaluate...

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To save water, Maha govt wants 50% sugarcane crop on drip irrigation in 2 years -Surendra P Gangan

-Hindustan Times A report on sugar price policy for 2015-16 by union agriculture ministry had highlighted that Maharashtra’s sugarcane cultivation, which is less than 4% of the total cropped area, consumes 70% of water needed for irrigation Following criticism over sugarcane crop guzzling potable water, particularly in drought-prone Marathwada, the state government is set to introduce a policy for shifting 50% of sugarcane farming on drip irrigation in the next two years. Statistics...

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We should tax agriculture. But how? -Madan Sabnavis

-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where money is channelled to avoid paying taxes. As the focus...

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40,000 'erroneous' payments in Aadhaar-linked Subsidy disbursal in Karnataka

-The Hindu ‘Banks told to re-verify and retrieve these payments if found to be erroneous’ Karnataka: The input Subsidy that the State government paid to a farmer, Venkatamma, has been debited to one Vincent Rajkumar’s account. This is one of the nearly 40,000 suspected erroneous payments in the first-ever Aadhaar Enabled Payment System (AEPS) disbursal of input subsides — given as part of drought relief — to around 18 lakh farmers...

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