On behalf of National Cooperative Union of India, I would like to wish you all a very happy and prosperous New Year 2021. May the New Year bring lots of joy and happiness in your lives.
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.
Agriculturists and organisations, representing cooperative unions and food processing firms, on Tuesday raised a variety of issues for inclusion in the forthcoming Budget.
These include raising the rates of urea while lowering those of phosphatic and potassic (P&K) nutrients to promote balanced use.
They also called for extending income tax (I-T) concessions to primary agriculture cooperative societies (PACS) engaged in processing of farm products and sops for food processing units.
According to news agency PTI, Bharat Krishak Samaj (BKS) said it made the demand with regard to balanced use of fertilisers. In a virtual pre-Budget consultation with finance minister Nirmala Sitharaman and top officials of the finance ministry, BKS chairman Ajay Vir Jakhar also sought reduction in taxes on diesel and transport subsidy on fruits and vegetables, but demanded tax on unhealthy foods, PTI said.
BKS seeks hike in urea price, cut in P&K nutrients rates in.
BKS seeks hike in urea price, cut in P&K nutrients rates in Budget for balanced use of fertilisers
NEW DELHI, Dec 22: Bharat Krishak Samaj (BKS) on Tuesday said the government should incentivise balanced use of fertilisers by increasing urea price and lowering rates of phosphatic and potassic (P&K) nutrients in the upcoming Budget.
In a virtual pre-budget consultation with Finance Minister Nirmala Sitharaman and top officials of the Finance Ministry, BKS Chairman Ajay Vir Jakhar also sought reduction in taxes on diesel and transport subsidy on fruits and vegetables, but demanded tax on unhealthy foods.
Budget 2021 Expectations: BKS seeks hike in urea price, cut in P&K nutrients rates for balanced use of fertilisers financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.