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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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India manages to shield farmers' interests, ensure food security at WTO -Kirtika Suneja

-The Economic Times BUENOS AIRES: India managed to protect its farmers' interests and ensure food security for its poor even as the ministerial meeting of the World Trade Organization (WTO) is unlikely to yield much progress. A series of work programmes on issues such as agriculture, domestic support, fisheries subsidies, e-commerce and services are expected, increasing the chances of some progress in next ministerial meet in 2019. "India's food security programmes are...

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India to insist on permanent solution on food security -Asit Ranjan Mishra

-Livemint.com Trade minister Nirmala Sitharaman will raise the issue at an informal meeting of WTO trade ministers in Paris on Thursday New Delhi: Hardening its stand on the food security issue, India will insist that countries agree to a permanent solution to the dispute over Public stockholding of foodgrains by December as originally promised, even though developing nations have been granted an indefinite interim reprieve. Trade minister Nirmala Sitharaman will raise the...

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Linking farming to market won’t help -Sucha Singh Gill

-Tribune India Policy shift towards market-oriented management will hit marginal farmers hard There is unfolding of the policy of the NDA government towards agriculture. Contrary to election speeches of Prime Minister Narendra Modi, the government has kept quiet about the Swaminathan Commission report about fixing the MSP of agricultural commodities at cost plus 50 per cent. At the same time, the government has given indication towards reduced FCI operations. It has been...

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Food insecurity -TK Rajalakshmi

-Frontline A critique of the report of the high-level committee on restructuring the FCI and reviewing its role by TK Rajalakshmi SOON after assuming power at the Centre, Narendra Modi's National Democratic Alliance government set up a high-level committee on re-structuring the Food Corporation of India that was mandated to make the food management system more efficient. It was headed by Shanta Kumar, former Union Minister for Rural Development and former Chief...

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