-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...
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That ’70s show: ‘Levy rice’ to end in October -Sandip Das
-The Financial Express The government has decided to dispense with "levy rice", a mandatory system under which rice millers also undertake rice procurement for the public distribution system by buying paddy directly from the Farmers, effective the next marketing season starting October. The system, introduced way back in 1978, is set to be withdrawn as the government felt that a lack of effective supervision often allowed the millers to avoid paying minimum...
More »Why organic farming has not caught up yet in India -Enamul Haque and Amir Hashmi
-The Hindu Business Line Farmers don't get premium for their produce in the initial stages during transition to this agriculture Development of organic agriculture as an alternative tool to address the ill-effects of chemical-based cultivation practices is a recent phenomenon in India. It had achieved dramatic progress in the beginning but could not maintain the pace. The growth of organic agriculture in India has been accomplished by three categories of Farmers. The first...
More »Jowar not to be available under PDS: Minister -Firoz Rozindar
-The Hindu Vijayapura (Karnataka): The desire of the people of North Karnataka to have Jowar under Public Distribution System (PDS) is not going to be met this year too owing to acute shortage of Jowar in the market. "In all likelihood, the people of NK will not get their staple diet in their monthly ration because of the unavailability of adequate quantity of Jowar for procurement", said Dinesh Gundurao, the Minister for...
More »Punjab offers rewards to stop stubble burning
-IANS Chandigarh: The Punjab government on Wednesday announced rewards to districts and villages across the state which curb the unhealthy practice of burning stubble (residue of harvested crops). "The Punjab government has announced an incentive for each district and village with a financial grant of Rs.1 crore and Rs.1 lakh respectively, which were free from the burning of stubble," a state government spokesman said here. "This decision has been taken to curb the...
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