Part 1 of a 9 part series: Doleouts, subsidies and lack of foresight has meant that Indian agriculture has deteriorated into a logjam of vested interests trying to push forward their interests at any cost, with little regard to the welfare of the poor farmers on the ground or their own future.
The agri reforms are progressive and structurally positive, given the state of agriculture in India and reflects the need of the changed times; from food-deficit to food-surplus, from need to protect farmer to providing farmer the choice, from production-centric to demand-centric.
Some of the policymakers in India are perhaps not ready to digest the reality that the changing landscape has made the old calculations increasingly difficult to practice and this is manifested by recent misinformation campaign and undignified behaviour in the parliament.
In the budget, govt forms pavement for the progress of farmers giving top priority for agriculture, trends to utilize modern techniques, provide them free loans, help them sale their products ,conserve them all together leading to uplift of farming.
If agri income is made completely tax free without any limit, it clearly means that the farmers are not the real beneficiaries of this tax exemption and there is a larger conspiracy for providing this exemption of unlimited amount, by making a provision for the same in the Income Tax Act.
इस बार की सरकार पर उम्मीद कम भरोसा ज्यादा है क्यूंकि देश की जनता ने पिछले पांच सालों का कार्य देख लिया है।जिस तरीके के प्रचंड बहुमत से सरकार दोबारा आयी है इससे अगर हम यह निष्कर्ष निकाले की ये मोदी जी के कार्यों के ऊपर जनता का मुहर है तो यह गलत नहीं होगा।
The Interim budget 2019-2020 presented by interim Finance minister Piyush Goyal is a logical successor to previous four budgets presented by Arun Jaitely as far as the thrust on agriculture is concerned.
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