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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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Kalahandi’s Kutia Kondhs: Subsistence a struggle for this tribe of nature worshippers -Ravi Shankar Behera

-Down to Earth Despite living in abject poverty and depending on natural resources for survival, the Kondhs do not use wood from the forests for fuel and also prevent illegal tree   The Kutia Kondhs are a particularly vulnerable tribal groups in Kalahandi district, Odisha. They live in Lanjigarh, Thuamul Rampur, Madanpur Rampur and Bhawanipatna blocks. The Kondhs worship nature like many other tribal groups in the country. Members of the community take...

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Future of Indian agriculture and small farmers: Role of policy, regulation and farmer agency -Sukhpal Singh

-Down to Earth blog The distress among small farmers in India is market-driven to a large extent in both ways — too much protection (minimum support price) or too little. The question of future of Indian agriculture has been around for some time now since the agrarian distress and crisis in the sector. It has become important in the context of the spate of recent reforms that include permitting private wholesale markets,...

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In agri-credit, small farmers are still outside the fence -AS Mittal

-The Hindu The agriculture sector’s performance has not been commensurate with the increasing subsidised credit it receives Farmers on the warpath would mean that agriculture reforms have again occupied centrestage not just in the minds of the politicians but also policymakers. To enable small farmers to diversify their crops or improve their income they must have access to credit at reasonable rates of interest. This has been an agenda of the triad...

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Bihar’s failing PACS system shows what could happen after the farm laws -Akhilesh Pandey

-CaravanMagazine.in In 2006, the Bihar government deregulated the agricultural sector, and largely removed government oversight over food grain procurement. Previously a majority of food grain procurement happened through the Agricultural Produce Market Committee, a marketing board run by the state government that would organise mandis—wholesale markets—where farmers could directly sell their produce to the Food Corporation of India or the State Farming Corporation at the established minimum support price. The MSP...

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