The West Bengal government has decided that farmers will not have to pay income tax on any agricultural product for the next two fiscal years, Finance Minister Chandrima Bhattacharya said Monday. The state government has also announced the withdrawal of two types of cess on raw tea leaves for the period. Presenting the Finance Bill in the assembly, Bhattacharya said the current exemption period for agricultural income tax ends on March 31. She also said that the state government has taken up a detailed and convenient scheme to resolve issues related to arrears of tax to facilitate sales tax payers. In her budget speech on February 15, Bhattacharya had said without imposing new taxes, income tax exemption on agricultural produce will be maintained. The West Bengal government has also decided to fill thousands of vacancies in several departments, including minorities and agriculture, official sources said.
Agriculture commissioner Kanaram said that in the last four years, over 282,290 farmers have received subsidies of Rs 736.18 crore
Agritech startup DeHaat's revenue is likely to grow by over 80 per cent this fiscal to around Rs 2,300 crore on better sales of farm inputs to farmers and trading of agriculture produces in domestic and overseas markets, its CEO Shashank Kumar said. DeHaat will also hit positive EBIDTA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) by the end of this calendar year, he highlighted. DeHaat is a technology-based business-to-farmers platform that offers a complete range of agricultural services to farmers. These include distribution of high-quality agricultural inputs, customised farm advisory, access to financial services and market linkages for selling their produce. DeHaat has so far raised USD 221 million from investors like Sofina, Lightrock, Prosus Ventures, Sequoia Capital India, Omnivore partners, and FMO. "Our turnover was around Rs 1,250 crore in the last fiscal. We are seeing significant growth in revenue this financial year and will touch around Rs 2,300
Prime Minister Narendra Modi said Sunday that the approval of nano DAP fertiliser is an important step towards making life easier for farmers. He was replying to a tweet from Union Chemicals and Fertilisers Minister Mansukh Mandaviya, who had announced the government's nod to the launch of nano liquid DAP (di-ammonium phosphate) fertiliser. It is a big step towards self-reliance in fertilisers, he had said. Fertiliser cooperative IFFCO, which introduced nano liquid urea in 2021, on Friday announced that the government has approved the launch of its nano DAP fertiliser in the market.
DAP is the second most consumed fertilizer in the country after urea and out of the estimated annual consumption of around 10-12.5 mn tonnes; local production is around 4-5 mn tonnes, rest is imported
Sensing the favourable condition for spice cultivation in the state, the Chhattisgarh government is promoting farmers to pursue the crop as part of a diversification strategy
As the Centre moves to modernise the food processing sector of the country, it will also protect the rights and interests of farmers, Union Minister of State (MoS) for Food Processing and Jal Shakti Prahlad Singh Patel said here on Friday. The Minister, who is presently in the southern state, gave the assurance while visiting the CSIR-National Institute For Interdisciplinary Science and Technology (NIIST) at Pappanamcode here during the day, a government statement said. Scientists at the Institute apprised the Minister of the activities of NIIST and he also viewed a presentation on the progress of various projects of the institute, it said. Patel visited various labs at NIIST and the officials briefed him about the eco-friendly products manufactured there, it further said and added that the Minister also planted a sapling in the institute's campus. He later visited MoS External Affairs and Parliamentary Affairs V Muraleedharan who is undergoing treatment at KIMS hospital in ...
Hundreds of farmers, who thronged to the famous 'Krishi Vigyan Mela' held at the Pusa campus here on Thursday, had to face a lot of inconvenience while buying seeds and complained about poor management by the organiser IARI. The rush for buying seeds was so much that the Delhi Police had to intervene to control the crowd. The seed counter was also well guarded by security personnel to avoid commotion. The three-day annual 'Pusa Krishi Vigyan Mela', organised by the Indian Agricultural Research Institute (IARI), was inaugurated by Agriculture Minister Narendra Singh Tomar on Thursday. The sale of seeds developed by IARI has always been the main attraction of the mela and farmers from states like Uttar Pradesh, Rajasthan, Haryana, Punjab and Bihar travel long distances just to buy the "quality Pusa seeds". A huge counter has been set up for sale of seeds at mela, where IARI plans to sell paddy seeds, including basmati rice varieties as well as moong till March 4. On the first day of
Maharashtra Chief Minister Eknath Shinde on Tuesday told the legislative assembly that his government is with onion farmers amid reports of falling prices of the key kitchen staple in the wholesale market, and talked of financial help for the growers if required. Speaking on the floor of the lower house, Shinde said, We are firmly standing by the onion growers in the state. NAFED (National Agricultural Cooperative Marketing Federation of India Limited) has started onion procurement and that would push the prices up. NAFED, an apex organisation under the Union Ministry of Agriculture, deals with marketing cooperatives for agricultural produce in India. On our request, NAFED has increased its onion procurement and 2.38 lakh tonnes have already been purchased from farmers. If a particular area does not have a procurement centre, then it will be opened for farmers, Shinde said on the second day of the budget session of the state legislature. The price per kilogram of onion came down to
Sharp drop in onion and potato prices since last few weeks have forced farmers to dump their produce in fields as selling price is far less than even cost of carrying produce to the market
Farmers in Maharashtra's Nashik district have asked the Modi government to grant them permission to commit suicide as they have been facing difficulties due to the low prices of onions in the state
The roundtable discussions on millets processing will be attended by members from the private sector
The states that could see a possible heatwave are in the Northwest region mostly, which is India's main food bowl plain and comprises Haryana, Punjab, Rajasthan and Uttar Pradesh
The project is aimed at establishing a 'sensor-based smart agriculture ecosystem' would prove to be helpful for the agri-economy of the region
Opposition says move will ruin farmers economically; meanwhile food secy says Centre will take a call next month on increasing sugar export quota
Guha directed the officials that the Rajasthan Farmers Loan Relief Act should be prepared within a month
Service will Zepto digitise processes helping farmers to streamline their supplies and yields
The government on Saturday said popularisation of millets in the country will lead to increase in the income of small and marginal farmers and urged international organisations, academia and hotel industry to revive the forgotten glory of "miracle millets". The year 2023 has been declared by the United Nations as the International Year of the Millet, following a proposal by India, which wants to position itself as a global hub for millets. Several initiatives are being undertaken in this regard. Addressing 9th International Chefs Conference organised by the Indian Federation of Culinary Associations here, Minister of State for Agriculture Kailash Choudhary said millets are considered traditional food for more than half a billion people across Asia and Africa. In India, millets are primarily a kharif crop, requiring less water and agricultural inputs than other similar staples. "Millets are important by virtue of its mammoth potential to generate livelihoods, increase farmers' incom
Looking at the success of the scheme, the chief minister in the last Budget doubled the size of the plan and announced benefiting 50,000 farmers
From Chhattisgarh, fish seed is supplied to different parts of the country. Farmers earn about Rs 125 crore from fish seed alone, the spokesperson said