Rajasthan Chief Minister Ashok Gehlot recently chaired the Agriculture Department meeting to review the various schemes of the department. In the meeting, CM said that the welfare of farmers is the top priority of the state government. Every effort should be made to increase the income of farmers, providing them necessary facilities and resources for advanced agriculture along with promoting agriculture processing.
While addressing a press conference in the national capital on September 24, Union Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan said, “You have seen the situation due to floods in several parts of country like in Maharashtra, Madhya Pradesh etc, the transportation is disturbed, that is also one of the reasons.” “We have kept 50,000 ton onion in buffer stock,” he added. His comments came amid surging price of onions in the market due to floods in several parts of country. (ANI)
In this conversation ET's Gayatri Nayak, Harsh Kumar Bhanwala, Chairman, National Bank for Agriculture and Rural Development (NABARD) talks about the agriculture and rural-related proposals in the Union Budget 2019 and how the lender plans to "take the goal forward." Listen-in.
Swaminathan Aiyar talks about the main challenges in the agriculture sector and what should be done to make India an export surplus nation. Watch now
In a major step to boost farmers' income, the Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved an increase in the minimum support prices (MSPs) for kharif crops in the 2019-20 season, including paddy by Rs 65 per quintal. Union Agriculture Minister Narendra Singh Tomar said that the MSP of jowar has been increased by Rs 120 per quintal, ragi by Rs 253 per quintal and bajra by Rs 50. The MSP of tur, moong and urad pulses has been raised by Rs 125, Rs 75 and Rs 100, respectively, he said.
Fulfilling its poll promise, the Modi 2.0 government approved a proposal to extend the benefit of Rs 6,000 per year under the PM-KISAN scheme to all farmers in the country. The decision was taken in the first Cabinet meeting of the new NDA government, which came back to power, winning over 350 seats. In its manifesto for 2019 general elections, the BJP had promised to extend the scheme to all farmers.
Being probably the first Indian listed firm to go in for back-to-back buyback of shares, the zero-debt seed company is weighing options to reward stakeholders regularly.
In the interim Budget 2019-20, the government announced transfer of Rs 6,000 per year to 12 crore farmers holding cultivable land up to 2 hectare directly into their bank accounts from this year itself. Tune in as ET's Consulting Editor Swaminathan Aiyar shares his views on the PM-KISAN scheme. (Text: PTI/ET Online)
In his budget speech Finance Minister Piyush Goyal announced Rs 6000 per year for each farmer, in three instalments, to be transferred directly to farmers' bank accounts. Twelve crore farmer families will benefit from Kisaan scheme.
India witnessed close to a dozen farmer protest in 2018. BJP led govt lost three states owing to farm distress. Under these circumstances what can the FM do to assuage the fears of farmers.
ET's consulting editor Swaminathan Aiyar explains how effective farm loan waivers and Minimum Support Price (MSP) hike really are and lists-out agri relief options available for the Modi government in this budget, scheduled to be presented on February 1, 2019. Tune in.
The stage is set for a big-bang farm relief package. FM Arun Jaitley has made it clear that the interim Budget 2019 will have incentives for farmers who are facing acute financial problems.
The Narendra Modi government is looking at yet another relief package for sugar companies, and this one could be twice the size of the one announced in September 2018, ET Now learns from sources in the government.
Cabinet is likely to discuss a mega relief package for farmers either next week or the week after. And in a bold move, the PMO is considering the feasibility of paying nearly Rs 10,000 to a farmer’s household. Tune in!
Agrarian crisis emerged as a major political concern in 2018, fuelled mainly by a fall in crop prices and a poor procurement mechanism which will provide opposition parties a common ground to rally against the BJP ahead of the next year's general elections. Watch what does the farm loan waivers mean for economy?
While addressing a gathering in the national capital, economist and former Governor of Reserve Bank of India (RBI), Raghuram Rajan talked about loan waivers for farmers.
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