Treat animal husbandry at par with agriculture for it exemption: Punjab CM writes to Jaitely

Chandigarh, July 6, 2014: Punjab Chief Minister Parkash Singh Badal today urged the Union Finance Minister Arun Jaitley to treat animal husbandry at par with agriculture for income tax exemption so as to motivate majority of farmers for taking up allied farming on one hand and promote diversification of agriculture on the other.  
In a letter to the Union Finance Minister, Badal apprised Jaitley that agriculture was gradually becoming un-remunerative and thus agriculture diversification was a need of the hour.  Therefore, he cited animal husbandry could emerge as a strong viable alternative.  However, this could only happen if this sector was incentivized on the same lines as agriculture.  
Pertinently, since agriculture was a major source of livelihood to majority of Indian population and henceforth the GoI had been providing various incentives and subsidy to this sector, added Badal.