Updated: 2 hours 55 min ago
Tax on agriculture has generally been discouraged in India, and this was mostly factored into while framing the broad parameters of the Goods and Services Tax (GST) law.
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While the short-term problems of farmers need to be addressed through immediate help, long-term policy to make agriculture economically viable and stable is far more important. Swaminathan further said: “The National Commission on Farmers, which I chaired, recommended pricing and procurement based on total cost of production plus 50 per cent principle.
The direct impact of the widening of the ambit of agriculture and allied sector for purposes of taxation may, therefore, result in marginally higher Consumer Price Index (CPI) inflation of food products in the short term. An increase in the cost of agricultural consumer products is anticipated due to the rise in inflation, even if only for a brief period. Inflation will also be inevitable when VAT is replaced with a higher GST rate on many food items, including cereals, grains, and milk.
The Union Agriculture Ministry has written to the States, prodding them to extend insurance cover offered under the Prime Minister’s Fasal Bima Yojana (PMFBY) to a larger number of crops this year. “ ...
KRISHNA BYRE GOWDA, Karnataka Agriculture Minister Karnataka, the first State to formulate an organic farming policy way back in 2004, has stepped up measures to spread the concept among farmers in recent years. Also, it has been working on rebuilding farmers’ interest in millets through incentives such as guaranteed buy-back and a bonus over the minimum support price.
The Union Agriculture Ministry has written to the States, prodding them to extend insurance cover offered under the Prime Minister’s Fasal Bima Yojana (PMFBY) to a larger number of crops this year.
This phenomenon was acknowledged by Telangana Agriculture Minister Pocharam Srinivas Reddy. “About 90 per cent of farmers went for paddy,” he told a recent review meeting. Those who grew the crop in areas with assured water sources, particularly in the recently rejuvenated tanks, are better off. Others are now ruing that they should have gone for the traditional rabi crops that could have faced the situation better.
The Agriculture Ministry will now work with exporting countries to zero in on alternative pest control measure that will not harm the environment and work effectively. (This article was published on March 30, 2017) Post Comment. Related. TOPICS. economy, business and finance | agriculture | Get more of your favourite news delivered to your inbox. SEND MY NEWS. Please enter your email. Thank You. Newsletter has been successfully subscribed.
Prakash Kammaradi, Chairman of the Karnataka Agriculture Prices Commission, says there is a need to strengthen the crop insurance system and harmonise various relief schemes. (This article was published on March 27, 2017) Post Comment. Related. TOPICS. agriculture | cultivation | economy, business and finance | agriculture | Get more of your favourite news delivered to your inbox. SEND MY NEWS. Please enter your email.
Development is finally about enabling sustainable livelihoods. Rather than manufacturing or services, agriculture holds the key
After the Bhuj earthquake, agriculture became the primary tool to help people rebuild their lives. Farmers in this region are progressive, and apart from the help got from the government, they scouted for techniques to improve their agriculture,” says Hanudha Gadhavi, Kutch field officer of the Gujarat Green Revolution Company (GGRC). Drip by drip.
The government is considering imposing import duty on wheat in order to protect farmers amid projections of a record output this year, Agriculture Secretary Shobhana K. Pattanayak said today.
He said that WRMS is primarily engaged in providing agriculture risk management solutions, including weather information and forecast services, agriculture decision-support system services, precision farming services and crop insurance products for farmers. Its objective is to provide security against climate change using data, technology and innovation.
Insurers deploy drones to check claims by farmers Rahul Wadke · print · Tweet. With fraudulent claims on the rise, drones give a clearer picture of ground reality. Mumbai, March ... Skymet has 15 fixed-wing drones and has been providing agriculture survey services to insurance companies and the governments of Maharashtra, Gujarat, Rajasthan and Madhya Pradesh.
Additional budgetary support needs to be given to the Agriculture Ministry to meet its requirements under the interest subvention scheme, as there is likely to be a shortfall of up to ₹26,000 crore due to the huge backlog of dues, the Standing Committee on Agriculture has said in its report.
In a letter issued this week by the Agriculture Ministry to the Vietnamese Ministry of Agriculture and Rural Development, the Indian government said that "in view of the repeated interception of quarantine pests, the NPPO India is constrained to suspend the entry" of the commodities. NPPO, Vietnam has been requested not to issue phyto-sanitary certificates for these six commodities for export to India.
The Budget was expected to provide agriculture with a shot of intravenous adrenaline. What we got, instead, was familiar lines. The finance minister’s offer consisted in the main of agricultural credit, crop insurance and electronic trading platforms.
Germany has a lot to offer to India in terms of technology in agriculture and also skill creation, but ``proper and predictable’’ policy interventions are required for transferring technology.
Therefore, climate intelligence must form a more integral part of agriculture policy and extension services. Finally, there must be a concerted shift towards integrated, sustainable farming, with agro-forestry practices. Farmers need credit and support to manage this transition. (This article was published on February 27, 2017) Post Comment. Related. NEWS.