LLANDAND BANKBANK JOURNALJOURNAL VOLUME 54 DECEMBER 2015 ISSUE III NATIONAL CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANKS' FEDERATION LTD. Volume 54 Issue III LAND BANK JOURNAL (QUARTERLY) DECEMBER 2015 K. K. RAVINDRAN Managing Editor Published by: NATIONAL CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANKS' FEDERATION LIMITED 701, BSEL TECH PARK, 7th Floor, A-Wing, Opp. Railway Station, Vashi, Navi Mumbai-400 703 Phone No. (022) 27814114, 27814226, 27814426 E-mail :
[email protected] Website : www.nafcard.org ! Price ` 15/- per copy CONTENTS Editorial I Innovative banking model of Primary Agricultural Credit Society (PACS) in Malappuram District, Kerala 1 - Dr P Selvaraj Feasibility analysis of areca nut + pepper mixed cropping system in Karnataka 13 - Praveen kumbar - S. S.Guledgudda - R. B. Belli - B. C. Rajur Influence of phosphorus and mycorrhizae on root colonization and spore count at different stages of sugarcane crop 27 - T. Usha Rani - D. Balaguravaiah - M. Bharata laxmi Biofertilizers: An eco-friendly fertilizer for agriculture 36 - Pavithra, A.H - Priya H.R - Avinalappa H.H - Nandini R. Social inclusion for rediscovery to new social order 43 - Brij Pal News & Notes 47 Agricultural News 69 The opinions/views expressed in the Land Bank Journal are not necessarily the official views of the National Cooperative Agriculture & Rural Development Banks' Federation. december 2015 land bank journal I EDITORIAL Section 80(P) of Income Tax Act 1961 gives income tax exemption to cooperatives. In 2008 Government amended this section by adding subsection 4 to it. The new subsection states that provisions in section 80(P) shall not apply to a 'cooperative bank' within its meaning as given in the BR Act 1949 except in the case of a Primary Agricultural Credit Society and a Primary Cooperative Agriculture & Rural Development Bank with jurisdiction not more than one taluk.