Land tax increased; New board for farmers’ welfare
Thiruvananthapuram: The state budget 2018 proposed the land tax in order to ensure financial sustainability of the farmers’ welfare funds. The land tax rate of 2015 will be restored. This is expected to bring at least Rs 100 crore as additional income. The finance minister said that the amount will be given back in the form of farmers’ welfare pension.
In addition to the Agriculture Workers Welfare Fund Board, a new Farmers Welfare Fund Board will be set up. The new board is formed as the earlier one is incapable of collecting the income from land from the landlords.
Other provisions in the budget
- Farming in barren land – Rs 12 crore
- Coconut development – Rs 50 crore
- Horticulture, plantain farming – Rs 11 crore
- Soil examination and preservation – Rs 28 crore
- Pest control – Rs 16 crore
- Organic farming – Rs 10 crore
- Quality seeds – Rs 21 crore