Food and fertilizer subsidies account for more than 50 percent of the Union Budget for the rural and agrarian sector in FY 25, highlighted a report by the Indian Council for Research on International Economic Relations (ICRIER) by agriculture economist Ashok Gulati and Purvi Thangraj.
"To promote cooperation, PM Modi has introduced several schemes in the Union Budget. The previous tax of 26 per cent which was used to be levied on cooperation in the field of production, has now been lowered to 15 per cent. We have also constituted a Ministry of Cooperation to check which a