Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...
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Budget 2018 talks big on rural economy and agriculture. But where is the money? -Kumar Sambhav Shrivastava
-Scroll.in Many crucial schemes have been allocated less than last time and what the finance minister announced in Parliament. Arun Jaitley invoked Swami Vivekananda to drive home the point that the Budget for 2018-’19, which he presented on Thursday, was aimed at helping rural India and farmers. “Let her arise – out of the peasants’ cottage, grasping the plough; out of the huts of the fisherman. Let her spring from the...
More »CSDS Mood of the Nation Survey, 2018: Crop prices biggest concern for farmers -Sanjay Kumar and others
-The Indian Express One in every four farmer respondents across all regions of the country said low prices of crops was their most pressing problem. The current crisis in India’s farm sector is perhaps the worst in the last 15-odd years. The Lokniti-CSDS survey (Part 1 was published on Wednesday) has a separate section on farmers’ issues, intended to throw light on their concerns and problems. One in every four farmer respondents across...
More »'NDA govt the most anti-farmer in India's history'
-The Hindu Business Line ‘Green paper’ says Centre has not helped farmers in crisis; net returns at MSP in last four years much lower than under UPA-II New Delhi: Farmer groups on Tuesday termed the incumbent National Democratic Alliance (NDA) government at the Centre the most anti-farmer in the history of independent India and said its budgetary announcements were just grandstanding, with little action or money to back them. Bringing out what they...
More »Budget 2018: Focus on MSP ideal for tackling farm distress -Ramesh Chand
-The Economic Times The agriculture sector and farmers are passing through a difficult phase. The sector suffered a blow from back-to-back droughts during 2014-15 and 2015-16 followed by low and depressed farm level prices during 2016-17 and kharif 2017, mainly due to global price trends. This has intensified the demand for ensuring MSP (minimum support price) and raising MSP. The forthcoming budget needs to take a call to launch effective measures to...
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