A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...
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'Bill aims to reduce river water to a commodity'
-The Hindu Water conservationist Rajendra Singh says it will also take away the rights of States and communities over rivers Belagavi (Karnataka): Water conservationist Rajendra Singh has criticised the Draft River Basin Management Bill, 2018, and said it aims to reduce river water to a commodity that can be traded. He added that the Bill would also take away the rights of States and communities over rivers. “The newly-formed Jal Shakti Ministry has...
More »From Plate to Plough: A win-win deal -Ashok Gulati
--The Indian Express Replacing subsidies with direct cash transfers to farmers’ accounts will empower them as well as consumers. In her budget speech, the Union finance minister (FM) said: “At the centre of everything that we do, we keep gaon, garib aur kisan in mind.” Here then is a small mantra for her to transform the lives of the kisan and the poor in rural areas. Just streamline the food and...
More »Major farmer unions of India resolved to uphold farmers' seed rights
-The Economic Times Organised by Alliance for Sustainable & Holistic Agriculture (ASHA), the Conference resolved that they will not allow another “PepsiCo India Vs Farmers episode” to recur in India. PUNE: Farmers’ movements have decided to put up a collective fight to ensure that farmers’ seed freedoms in India are not violated in any way, in a People’s Conference held here today. Organised by Alliance for Sustainable & Holistic Agriculture (ASHA), the...
More »A new mandi tax -Harish Damodaran
-The Indian Express A 2 per cent TDS on cash withdrawals beyond Rs 1 crore may hit the farm trade hard. One of the 2019-20 Union Budget’s less-discussed proposals, having significant implications for agricultural trade, is the levy of a 2% TDS (tax deducted at source) on cash withdrawals exceeding Rs 1 crore in a year from any bank account. The levy — aimed at promoting “digital payments” and a “less cash...
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