March 23, 2017

Agriculture Industry

There will be no tax on farm or agriculture income: Arun Jaitleyedit

Deccan Chronicle

Finance Minister Arun Jaitley while taking part in debate over Finance Bill that was tabled in Parliament this week said that there will be no tax on farm or agriculture income. “Income from agriculture will not be taxed,” he said. According to him, in a few days government will bring Goods and Services Tax Bill in Parliament so that it is able to meet its July 1 deadline.

Government considering imposing import duty on wheat: Agriculture Secretaryedit

The Economic Times

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. On December 8, the government had reduced customs duty on wheat to zero from 10 per cent to boost domestic availability and check retail prices.

How a Bunch of Farmers from Punjab Transformed a Drought-Prone Village in Tamil Naduedit

The Better India

The success of Akal farm has become an inspiration for the local farmers who now come to the Akal Farm to learn about farming equipment and arid land cultivation. Darshan and Manmohan Singh are often invited by the District Collector to address the local administration and farmers from the region.

Role of farmer fairs for rural developmentedit

State Times

Agriculture is the backbone of India which contributes approximately 14 per cent of India’s Gross Domestic Product (GDP). The diverse agro-ecosystem and varying climate of the nation provides very limited opportunities for the small and marginal farmers to diversify. Government of India is making tremendous efforts to support farmers through various central schemes, states schemes, subsidies, technologies etc. but still the benefits are being taken by the few end users.

Government considering imposing import duty on wheat: Agriculture Secretaryedit

The New Indian Express

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. On December 8, the government had reduced customs duty on wheat to zero from 10 per cent to boost domestic availability and check retail prices.

NABARD projects Rs 1.72 lakh crore credit potential for Rajasthanedit

Money Control

NABARD has projected an exploitable credit potential of Rs 1.72 lakh crore towards the priority sector lending by the banks in Rajasthan for the year 2017-18. This is 14 percent higher than the credit projection made for the year 2016-17 by the National Bank for Agriculture and Rural Development (NABARD).

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