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	<title>National Statistical Office - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>Low Agricultural Income</title>
		<link>https://newsmantra.in/taxation-on-agricultural-income/</link>
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		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Wed, 05 Feb 2020 05:15:35 +0000</pubDate>
				<category><![CDATA[Mantra View]]></category>
		<category><![CDATA[agricultural income]]></category>
		<category><![CDATA[AGRICULTURE]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[farmers]]></category>
		<category><![CDATA[FINANCE MINISTER]]></category>
		<category><![CDATA[GOVERNMENT]]></category>
		<category><![CDATA[Mantra]]></category>
		<category><![CDATA[National Sample Survey]]></category>
		<category><![CDATA[National Statistical Office]]></category>
		<category><![CDATA[nirmala sitharaman]]></category>
		<category><![CDATA[NSO]]></category>
		<category><![CDATA[NSS]]></category>
		<category><![CDATA[Pradhan Mantri Kisan Samman Nidh]]></category>
		<category><![CDATA[taxation]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=9905</guid>

					<description><![CDATA[<p>The average income of agricultural households in the country is estimated by National Statistical Office (NSO) through the ‘Situation Assessment Survey of Agricultural Households’ conducted from time to time. The first such survey was conducted in rural parts of the country during National Sample Survey (NSS) 59th round (January 2003-...</p>
<p>The post <a href="https://newsmantra.in/taxation-on-agricultural-income/">Low Agricultural Income</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The average income of agricultural households in the country is estimated by National Statistical Office (NSO) through the ‘Situation Assessment Survey of Agricultural Households’ conducted from time to time.</p>
<p>The first such survey was conducted in rural parts of the country during National Sample Survey (NSS) 59th round (January 2003- December 2003). Thereafter, a repeat survey was conducted during NSS 70th round (January 2013- December 2013). As per the Survey results, which although not strictly comparable, the average monthly income per agricultural household from various sources is estimated to have increased from Rs. 2115 in 2003 to Rs. 6426 in 2013.</p>
<p>The Survey report has not mentioned the reasons for low level of income of agricultural households in the country. However, predominance of small and marginal operational holdings, low irrigation coverage, poor soil health, inadequate marketing facilities and post-harvest supporting services, and lack of focus on the allied sectors of agriculture, etc., may be attributed as main reasons for low level of growth of income of people engaged in the agriculture sector.</p>
<p>Growth rate of Gross Value Added (GVA) in agriculture and allied sector is directly and indirectly affected by various factors, including changes in income of agricultural households. With a view to make agriculture more remunerative, various Schemes are implemented by the Government, viz., Pradhan Mantri Krishi Sinchayee Yojana (PMKSY); Soil Health Card (SHC) Scheme; National Agriculture Market Scheme (e-NAM); Pradhan Mantri Fasal Bima Yojana (PMFBY); National Food Security Mission (NFSM); Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA); Mission for Integrated Development of Horticulture (MIDH); and Rashtriya Krishi Vikas Yojana (RKVY). Besides, Government has adopted the principle of fixing Minimum Support Price (MSP) at a level of 50 per cent over the all-India weighted average cost of production of crops.</p>
<p>Moreover, with a view to provide income support to all farmers’ families across the country, the Central Government has started a new Central Sector Scheme, namely, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN). The Scheme aims to provide a payment of Rs. 6000/- per year, in three installments of Rs. 2000/- each to the farmer families, subject to certain exclusions relating to higher income groups.</p>
<p>Government has also focused on the aggregation of small and marginal farmers into groups for overcoming market imperfections and to realize better prices for their produce.</p>
<p>The post <a href="https://newsmantra.in/taxation-on-agricultural-income/">Low Agricultural Income</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>NSO ACCEPTED GDP GOING LOW AS 5 %</title>
		<link>https://newsmantra.in/nso-accepted-gdp-going-low-as-5/</link>
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		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Wed, 08 Jan 2020 06:46:38 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[ANIMAL HUSBANDRY]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[Gross Value Added]]></category>
		<category><![CDATA[GVA]]></category>
		<category><![CDATA[National Statistical Office]]></category>
		<category><![CDATA[NSO]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=9527</guid>

					<description><![CDATA[<p>The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Advance Estimates of National Income at both Constant (2011-12) and Current Prices, for the financial year 2019-20. This shows GDP will reach 5 percent as was predicted and it may go further down. Real GDP...</p>
<p>The post <a href="https://newsmantra.in/nso-accepted-gdp-going-low-as-5/">NSO ACCEPTED GDP GOING LOW AS 5 %</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Advance Estimates of National Income at both Constant (2011-12) and Current Prices, for the financial year 2019-20.</p>
<p>This shows GDP will reach 5 percent as was predicted and it may go further down. Real GDP or GDP at Constant Prices (2011-12) in the year 2019-20 is likely to attain a level of ₹147.79 lakh crore, as against the Provisional Estimate of GDP for the year 2018-19 of ₹140.78 lakh crore, released on 31st May 2019. The growth in real GDP during 2019-20 is estimated at 5.0 per cent as compared to the growth rate of 6.8 per cent in 2018-19.</p>
<p><strong>Gross Value Added (GVA) at Basic Prices</strong></p>
<p>The sectors which registered growth rate of over 4.9 percent are, ‘Electricity, Gas, Water Supply and Other Utility Services’, ‘Trade, Hotels, Transport, Communication and Services related to Broadcasting’, &#8216;Financial, Real Estate and Professional Services’ and ‘Public Administration, Defence and Other Services’ at 5.4 per cent, 5.9 per cent, 6.4 per cent, 9.1 per cent respectively. The growth in the ‘Agriculture, Forestry and Fishing’, ‘Mining and Quarrying’, ‘Manufacturing’ and ‘Construction’ is estimated to be 2.8 per cent, 1.5 per cent, 2.0 per cent and 3.2 per cent respectively.</p>
<p>GVA at Basic Prices for 2019-20 from ‘Agriculture, Forestry and Fishing’ sector is estimated to grow by 2.8 per cent as compared to growth of 2.9 per cent in 2018-19. The GVA estimates of this sector are based on 1st advance estimates of agricultural production during Kharif season of 2019-20 obtained from the Ministry of Agriculture &amp; Farmer Welfare. For Livestock sector, estimates of production of major livestock products (i.e. Milk, Egg, Meat and Wool) obtained from the Department of Animal Husbandry &amp; Dairying and Fish production data obtained from Department of Fisheries have been used. The crops including fruits and vegetables account for about 56 per cent, the livestock products 30 per cent and forestry &amp; fisheries 14 per cent share of GVA in total GVA of ‘Agriculture, Forestry and Fishing’ sector.</p>
<p>The post <a href="https://newsmantra.in/nso-accepted-gdp-going-low-as-5/">NSO ACCEPTED GDP GOING LOW AS 5 %</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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