Should Agricultural Subsidies be stopped?

Generally, Farmers are poor but we all know that in many States there are rich Farmers who have all the luxuries of life like own bungalows, expensive cars etc. The Subsidy system does not differntiate the rich and poor. For e.g. , Fertiliser subsidy would be enjoyed by all the farmers when the poor needs it the most. If we cannot differentiate at the subsidy level, then we should certainly charge income tax on agricultural income above a certain limit, say Rs. 1, 50, 000/- progressively. This would take care of the anomaly in the system and would also protect the poor farmers.

I think the subsidies which is given to the farmers is should be distinguished well in the poor farmers and rich farmers.

I think there should be tax on the farmers because as per the income tax limits up to 180000/ there is no taxes applied. And as we know the poor Indian farmers unable to cross that limit so it will give advantage to catch rich farmers who shows there BLACK MOONEY in WHITE MONEY so those farmers will be taxable under IT ACTS.

So only with emotionally decisions we can't able to correct decision for that we have to take decision with mind.

For this, one needs to look into the negative effects of subsidies which are far more than the positive effects. Once received, people become dependent on the subsidies. Subsidies make the beneficiaries lethargic. Hence, subsidies are sometimes termed as sweet poison. Misuse of subsidies for political purpose is known worldwide. Subsidies support one industry at the expense of the other. When a person is given subsidy benefit, it imposes burden on some other person in the country. Malpractices have often been noticed in the administration of subsidies.

If foundation is not furnished well then how can a building perfectly structured. As an agril. Economics student I think that all 3 sectors are vital for economy development and there should be a balance among the growth of these sectors. But according to trends agriculture is still far backward to the other sectors. So obviously its need extra care and nourishment because still more than 60 per cent people live in rural areas and 58 per cent population engaged in agriculture. Subsidy should provide but its channelization should be in a proper manner.

More than 70% people of our country is serving in agriculture in various form. GDP of our country was contributed by agriculture with more than 50% contribution 50 years ago and today this contribution is declined to less than 14% of overall GDP, where % of population serving in agriculture sector declined by 5-6 % only.

Status of agriculture did not grow with other sectors like others. The Govt must provide subsidized seeds, fertilizers and essentials that motivate them to produce grains happily and prevent misplaces of subsidies provided to needy.

I think govt subsidies in agriculture sector should not be stopped. Let us suppose govt wants to using some new seeds which would yield much higher but the farmer is still reluctant to use it because he might think it will led him complete loss, so if govt gives him subsidy, then he had a hope if using this new kind of seeds led him loss, govt will provide him subsidies for his losses, then he uses those seeds which might give him profit, then in another year he himself would use them without any fear, in this way new polices get easily implemented.

No, as per the situation in India whatever subsidies provided by the govt to the public is not transparent, first govt should insure that subsidies should directly go to the farmer a/c. In India beneficiaries are not getting the benefit which would they have to get. Agriculture is most important sector in India but because of not proper support from the govt agriculture sector contribution is decreasing day-by-day, whatever subsidies is provided by the govt is going the waste and govt saying that we have provide so much of benefit to the farmer.

Hi,

In my opinion agricultural subsidies should be given. Because in India agriculture is considered as the backbone of the economy. Farmers will grow the crops for getting some profit. But to get that profit farmers may not have enough money to invest in the crops. For support to the farmers financially these subsidies must be given. Also these subsidies should be reached out to everyone not only some people and they should be given properly. Therefore it is the responsibility of the government to provide the subsidies to the farmers properly.

I agree with all of you. In my point of view, I would like to say something to those who are all against agriculture subsidies. Everyone know that agricultural is the backbone of our country. But the people who are all doing agriculture activity are not getting proper price for their products. So it is not fulfilling their basic needs. In this situation, if any nature disaster like floods, cyclone happen in their cultivation, it Will completely affect the survival of agriculture based people. So agriculture subsidies are essentially for them.

No, never as INDIA is agricultural country it is our genuine business. If we will not provide subsidies then farmers won't be take chance of farming in difficult condition of weather. If farmers are not going to farm then.

And most important thing is that farming is totally depend on weather conditions. So it is risk if less rain or flood. And our economy is somewhat depend on agriculture.

That's why govt should provide subsidies for healthy environment for farmers and INDIA'S ROOT of business and everything.

GOVT. Must give them surety.