-Outlook A tax holiday is expected to push more farmers to turn entrepreneurial The Budget’s announcement of a five-year tax holiday for Farmer Producer Organisations (FPOs) with a turnover of up to Rs 100 crore came as a relief to the thousands of farmers who are members of around 4,000 such companies in the country. In December 2017, a sizeable number of farmers gathered at a national conference organised in Pune were...
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Beyond the News: Why light showers now bring good news for farmers -Harish Damodaran
-The Indian Express Minimum temperatures are likely to come down by 2-3 degrees Celsius in Northwest, Central and Western India over the next 48 hours, the IMD said. The current spell of rain in North and Central India will be beneficial to the standing rabi crop, especially wheat, though there are concerns over chana (chickpea) and masur (lentil) that are in the maturity or harvesting stages. “This rain is very good for wheat...
More »With Latest MSP Promise, the False Narrative Surrounding Costs and Farmer Incomes Continues -Ramandeep Singh Mann
-TheWire.in The need of the hour is to set up a farmer pay commission, which can fix a minimum assured income of a farmer household. About halfway during the budget speech – while announcing the government’s plans for dealing with India’s agrarian crisis – finance minister Arun Jaitley made a rather bizarre statement. Apparently, according to Jaitley, the Modi government has already provided more than 50% margin over cost of production for...
More »Jaitley clarifies on cost parameter to calculate MSPs to be paid to farmers -Sayantan Bera
-Livemint.com The finance minister’s clarification that the government will use the A2+FL measure to determine MSPs for crops is likely to disappoint farmer organizations Finance minister Arun Jaitley said on Friday that farmers would be provided 50% returns over and above what they spend on inputs such as seeds and fertilizers and an imputed value of family labour, clearing the confusion over which measure of cost of cultivation would be used to...
More »India 'illegally' importing genetically modified soya seeds, allege farmers and food activists -Jayashree Nandi
-The Times of India NEW DELHI: Farmer and food activists have alleged that genetically modified soya bean seeds are being imported "illegally" for cultivation, in violation of a directorate general of foreign trade (DGFT) notification of 2006 that prohibits the import of GMOs without approval from the genetic engineering appraisal committee (GEAC). Some activists have also found imported packaged foods containing GM ingredients being sold in departmental stores, one of which is...
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