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No plan to tax agricultural income: Govt

Minister said that government is committed to double the income of farmers in five years

Policy Pulse
Publish Date: Jun 1 2016 1:49PM | Updated Date: Jun 1 2016 1:52PM

No plan to tax agricultural income: Govt

Union agriculture minister Radha Mohan Singh on Tuesday said that the country would definitely see higher foodgrain production during 2016-17 amid predictions of good monsoon rainfall. He further made it clear that there is no plan to tax agricultural income.

 

While giving his reassurance, he said the Centre will probe if there was any anomaly in the system with regard to undeclared incomes. He said he expected states would come on board with all sincerity in the effort to reach benefits of central schemes to farmers.

 

Singh also said the government is committed to double the income of farmers in five years and that it would not only be done through increasing minimum support price (MSP) of food grains but also through interventions at multiple levels so that production could be increased without increasing the input costs.

 

Addressing a press conference, Singh said his ministry was trying to resort to the age-old practice of 'Kheti & Baari' (farming and allied activities) together to double the income of farmers. He also shared inputs highlighting states' performance on various central schemes on farm sector.