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Farm sector seeks tax incentive, more funds

Representatives met the Finance Minister for a pre-budget consultation and submiited their respective suggestions Share Via Email   |  A+A A- By Express News Service NEW DELHI:  Farmers’ organisations on Tuesday urged the Finance Ministry to increase urea prices for balanced use of fertilisers, reduce fuel taxes, include alcohol in the GST regime and extend the Pradhan Mantri Kisan SAMPADA Yojana outside Mega Food parks.  Representatives of these organisations, office bearers of National Cooperative Union of India, Punjab Agriculture University and International Food Policy Research Institute and companies engaged in the farm sector met Finance Minister Nirmala Sitharaman for a pre-Budget consultation. The meeting was also attended by stakeholders from the agro-processing industry.

Incentivise balanced use of fertilisers, says farmers body - The Hindu BusinessLine

Incentivise balanced use of fertilisers, says farmers’ body December 22, 2020 Suggests hike in urea price while reducing P&K fertiliser prices Bharat Krishak Samaj (BKS), a non-profit farmers organisation, on Tuesday pitched for an increase in price of urea and a simultaneous decrease in price of potassic and phosphatic fertilisers, without bringing any added burden to farmers or the government. This will incentivise balanced use of fertilisers in the country, said Ajay Vir Jhakar, Chairman, BKS, at the virtual pre-Budget meeting that Finance Minister Nirmala Sitharaman had with agriculturalists, agriculture experts besides trade and industry representatives. Representatives of the food processing industry later in the afternoon attended a separate pre-Budget meeting which was chaired by a top Finance Ministry official.

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