Agriculture Sector

Budget 2020 farmer-friendly; takes steps to enhance rural employment livelihood opportunities

The allocation announced by Finance Minister Nirmala Sitharaman for rural development in the Union Budget is notable.

Budget 2020: Unless Centre gets states to enact model laws, farm investment and incomes cannot rise

Next year’s budgeted outlay for agriculture is 32 percent higher than the revised estimates but just three percent more than the Budget estimate of this year.

Budget 2020: Govt to spend Rs 2.83 lakh cr on agriculture sector to lift wobbly economy; fiscal deficit to widen to 3.8% this fiscal

Agriculture accounts for 15 percent of India’s gross domestic and a source of livelihood for more than half of the country’s 1.3 billion population.

Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops

In Budget 2020, it is fervently hoped that the government will focus on genuinely empowering the farm sector.

Government expected to push the pedal for agri reforms; here's a list of centre's schemes that can help

With an increased focus on addressing the systemic challenges in the agriculture sector, the upcoming Budget may see greater attention on the agriculture sector covering policy reforms and technical intervention.

Budget 2020: Govt may consider import duty cut on raw material for fertiliser industry; move aims to boost domestic production

During April-December 2019-20, the country's crude and manufactured fertiliser imports grew by 8.47 percent to $ 6.2 billion.

Allocation for agriculture must signal change in favour of science, tech, private investments

The restrictions on agricultural marketing and the difficulty of doing business have had a chilling effect on corporate investments in agriculture

Union Budget 2020-21: Farm experts pitch for scrapping GST on agri-inputs in wish list

Removing of GST on agri-inputs, revamping crop insurance scheme, considering land lease rental for fixing MSP and banning futures trade in agri-commodities are among the suggestions made by farm experts during their pre-Budget meeting with Finance Minister Nirmala Sitharaman

Budget 2020: Govt to draft first national fisheries policy with Rs 45,000 cr; to focus on aquaculture, mariculture among others

The newly carved out Fisheries Ministry is working on an overarching policy that would cover all aspects of the fishery sector, the sources said.

Budget 2020: Seed industry body demands govt to restore 200% IT deductions for R&D

Ahead of the Budget, Federation of Seed Industry of India (FSII) on Thursday urged the government to restore 200 percent income tax deduction for in-house research and development (R&D) expenditure in the seed industry