Posted by Sandeep Shelke on March 27th, 2011
Raw silk prices plummeted from Rs.350/Kg to Rs.120/Kg in local market when import duty on raw Silk reduced to 5% from 31% in recent Union Budget 2011. Due to this irritating decision sericulture farmers who were already facing the drop in prices got frustrated. And then Swami Gowda, 35, and his 20-year-old wife Indramma, both silk farmers, committed suicide in Valageredoddi, Halagur, in Mandya district, leaving behind three children.Swami had taken a loan of Rs 2.5 lakh and was paying 30% interest as no bank had given him a crop loan.
This calls to check how much tax reduction is given to corporates and guaranteed income earners:
In order to help corporate houses government exempted tax of Rs.79554Cr. This includes Corporate Income tax, Personal Income Tax, Export Duty exemption.
This looks like government is helping one entrepreneur at the expense of other. Which is not at all accepted.
“The Central government should immediately withdraw its resolution regarding the duty-free import of silk,” they demanded.
Lakhs (16.5Lakhs) of silk farmers and reelers are dependent on sericulture industry for their livelihood. Farmers who are already leading precarious existence will be shattered with the implementation of duty-free import of silk, the protesters said.
Instead both the Centre and State governments should ensure scientific price for cocoons, they urged.
Warning indefinite strike against duty-free import of silk, silk farmers and reelers on Tuesday here submitted a memorandum to Additional Director of Sericulture Nagesh.
“Lakhs of families are dependent on sericulture industry. As a result, the Central government should impose 50 per cent import duty on silk. A price ranging from Rs 350 to 400 should be fixed for per kg of cocoon. Also, raw silk produced by reelers should be paid Rs 2,500 to Rs 3,000,” the protesters demanded.
We hope people like Mr. Narayanmurthy and Nandan Nilakeni we will not remain mute spectators and Nero’s Guests to the killing of people, and making children orphans, especially devastating a huge community of 16.5 lakh people and their families just 100 kilometers away from Bangalore while the same policy enables us to enjoy the malls, highways and volvo buses.
Mr. Murthy and Mr. Nilekani are you listening? Or Mr Murthy busy dreaming about Presidency?
Read this to know why farmers commit suicide…