1) Incentivising organic farming:
Ensuring that at least 100 villages per state are made organic completely every year and accelerate it each year.
2) Increase spending on R&D :
For any country to be self-reliant in the long run, its R&D stands as an important factor.
3) Cut excise, cess, etc., taxes on fuel :
Fuel is an integral part of the economy. Starting from the farming cycle, fuel plays a key role, a farmer uses a tractor during harvesting/farming then takes the produces to the nearest storehouse. The carrying vehicles need fuel and from there to various markets at long distances, the lorries that transport need fuel. And the end-user who buys these products needs fuel to drive to the markets. So at every stage from input to output, the increased fuel price eventually results in higher inflation. Instead, if the excessive tax on fuel is cut, people have more money at hand leading to increased spending on other commodities, which can result in higher revenue for the government in a different aspect. At least the government can try this in a pilot approach and how both approaches work.
Coming to the concept of organic farming, unwarranted usage of pesticides/fertilizers pollutes the soil, environment, and also human health physiologically. On the economic front, fertilizers are one of the most imported commodities, leading to a burden on the Government's expenditure, also from a farmer's perspective the more the use of forced practices in using fertilizers, etc. The input cost rises resulting in lesser or no profits. This is the fundamental problem that needs to be solved, in helping the farmer to reduce her/his production cost, resulting in better prices, along with keeping the soil fertile and protecting the environment & consumers health. Moreover, as farming depends on nature, the lesser the cost of production, will always benefit. Thank You .!
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