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'FPOs need sustained support'

-The Hindu Business Line Kochi (Kerala): The two-day conference on ‘Models for Agricultural Development: Experiences of Farmer Producer Companies’, has called for sustained efforts to strengthen, streamline, support and coordinate Farmer Producer Organisations. The conference, jointly organised by the DepARTment of Agricultural Economics, Kerala Agriculture University and Indian Society of Agricultural Economics (ISAE), mooted a national level consortium to help the FPCs realise their goals and lead the efforts to enhance farmers’...

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Food for thought for the new govt -Siraj Hussain

-The Hindu Business Line Given the ballooning costs of storing grain, there is an urgent need to cut down excessive procurement of rice and wheat In 2018-19, wheat procurement at 35.8 million tonnes (mt) was the second highest ever. It is estimated that by the end of kharif marketing season in September, rice procurement may also touch an all-time high of 45 mt. With such high procurement, one of the first difficult...

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Direct tax collection falls short, CBDT raises alarm

-PTI The CBDT has been worried over the direct tax collection work for quite some time The Central Board of Direct Taxes (CBDT) has rung alarm bells and has asked the Income Tax DepARTment to go for a major assault as the direct tax collection target remains short of about 15%, with the financial year closing less than a week away. On March 26, CBDT Member (Revenue) Neena Kumar shot off a letter...

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Farm loan waivers kill credit culture, says Raghuram Rajan

-PTI NEW DELHI: India needs to focus on resolution of farm distress rather than loan waivers which kill the credit culture, former RBI governor Raghuram Rajan said on Tuesday. "First we need to worry about why people are so distressed and angry. There is a lot of agriculture distress. I personally believe that farm loan waivers are not the answers. But there are other answers," he said when asked about what should...

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Income plan: Economists consulted, says Rahul; uphill task, feel experts

-PTI NEW DELHI: Congress president Rahul Gandhi on Tuesday said his pARTy consulted several economists including former RBI governor Raghuram Rajan on its minimum income plan for the poor even as leading experts said that implementing such a scheme would be an uphill task. In a mega poll promise, Gandhi on Monday announced that under 'Nyay' - an acronym for Nyuntam Aay Yojana - Rs 72,000 will be given to the poorest...

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