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The Union Finance Minister Shri Arun Jaitley starts his Pre-Budget Consultations with stakeholders; Holds his First Pre-Budget Consultation Meeting with the representatives of different Agriculture Groups; Stresses on the need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity.

Budget - Dated:- 5-12-2017 - Press Information Bureau Government of India Ministry of Finance 05-December-2017 19:00 IST The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer s income by 2022, there is need for better storage and market .....

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and Shri Shiv Patap Shukla; Shri Ramesh Chand, Member, Niti Ayog, Dr. Hasmukh Adhia, Finance Secretary, Shri A.N. Jha, Secretary, Expenditure, Shri Subhash Chandra Garg, Secretary (Economic Affairs), Shri Shobhana K. Pattanayak, Secretary, Ministry of Agriculture, Shri Trilochan Mahapatra, Secretary, DARE and DG (ICAR), Shri Devendra Choudhry, Secretary, Department of Animal Husbandry and Dairy Farming, Ministry of Agriculture, Dr. Arvind Subramanian, Chief Economic Adviser (CEA) and Shri Vijay .....

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D, Cargill India Pvt. Ltd., Sri Tushar Shah, Principal Scientist, International Water Management Institute, Shri R. Parthasarathy, Director, Gujarat Institute of Development Research (GIDR), Dr. K.V. Prabhu, Joint Director (Research), Indian Agricultural Research Institute (IARI), Dr. P.K. Joshi, International Food Policy Research Institute (IFPRI), Shri Ajay Vir Jakhar, Chairman, Bharat Krishak Samaj, Mr. Crispino Lobo, Managing Trustee, Watershed Organisation Trust (WOTR), Dr. Satya Narayana, .....

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ves of different Agriculture Groups. It was suggested that for decades, India has constantly pursued Food Policy and Budget 2018-19 is an opportunity to shift to Farmers Policy . There is need to reduce pressure on the land by creating off-farm jobs.To ensure the delivery of remunerative prices to farmers, the Price Deficiency Payment Mechanism must be implemented immediately for those crops where procurement cannot be ensured. Other suggestions included that the Centre should declare an Agricul .....

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fferent crops and global market conditions or to do advance planning rather than the Government reacting suddenly to an adverse situation. There is also need to give more focus on dairy, fruit and vegetable items which has potential to grow 3-4 times more and thereby can help in achieving the goal of doubling of the farmers income by 2022. It was suggested that there is need to start Operation Veggies and focus should be given to TOP - Tomato, Onion and Potato as there is maximum volatility in t .....

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also suggested that on the lines of other subsidies, food and fertilizers subsidy should also be given through DBT mechanism to avoid pilferage. It was suggested that there should be more flexibility in farmer related policies such as Pradhan Mantri Fasal Bima Yojana , electronic trading facilities and allow States to have their own policies as one Uniform policy cannot work in all the States. It was suggested to increase the prices of urea and decrease the price of PMK which will save money fo .....

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eed to give more thrust on the adoption of new technologies in Agriculture and encourage innovations and Out of the Box Thinking to deal with the issue of food security and ecology at large. It was also suggested to give various tax reliefs to the plantation companies for the expenses incurred by them to provide welfare facilities to their workers under the Plantation Labour Act 1951. Similarly, considering the variations in the Agriculture Income Tax (A.I.T.) from State to State, Rules 7A, 7B a .....

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