Covid-19 has taught many lessons to humans. While in one hand, we become more aware of cleanliness, it taught farmers to become more aware of their basic rights and needs. The government along with administration has been working relentlessly to provide basic relief measures to the farmers amid the lockdown period and initiated different schemes. […]
Category Archives: support to farmers
PM-KISAN and the Adoption of Modern Agricultural Technologies
The Pradhan Mantri Kisan Samman Nidhi scheme aims to provide income support to farmers for easing their liquidity needs to facilitate timely access to inputs. This study, based on 1,406 farmers of Uttar Pradesh, uses a binary choice model to examine the targeting accuracy and correlates of the spending pattern of farmers. Triple difference with […]
All about Agridex, India’s first agricultural index to trade in commodities market
Agridex was launched on 25 May by the National Commodity and Derivatives Exchange (NCDEX). It comprises 10 liquid commodities traded on NCDEX. New Delhi: The National Commodity and Derivatives Exchange (NCDEX) last month launched the country’s first agricultural futures trading index — ‘Agridex’ — with four contracts expiring in June, July, September and December. This […]
Centre’s Economic Package Addresses Long Term Issues, Not Immediate Concerns of Farmers
Millions of agricultural labourers are currently under stress due to the ongoing lockdown which has led to a loss in income, loss of jobs for migrant labour and a disruption in the supply chain. Following the stress on the agricultural sector by the COVID-19 related lockdown, the central Government has announced medium to long term […]
Farmers liberated today, claims Modi govt; ‘One Nation, One Market’, other agri reforms announced
With the latest move, commodities such as cereals, edible oils, oilseeds, pulses, onions, and potato are likely to get deregulated as no stock limit will be applicable to processors or traders. The Union Cabinet today approved the amendment to the decades-old Essential Commodities Act, following up on Finance Minister Nirmala Sitharaman’s ‘Atma Nirbhar Bharat’ economic […]
It could help government to get closer to doubling farmers’ incomes by 2023
Let us start with some good news on the economic front. During the first year (2019-20) of the second term of the Narendra Modi government, gross value added (GVA) in agriculture and allied sectors registered a growth of 4 per cent. This is commendable, especially when juxtaposed with the growth of overall GVA of the economy at […]
How India can script a self-reliance success story in agriculture
Given the consistent increase in the agricultural market size in the last five years (about $300 billion in 2018), it is essential to set up an exclusive agri-business bank, along the lines of those in China, the Philippines and other countries. In the context of making India atmanirbhar, the task of achieving self-reliance and self-sustainability in agriculture is […]
Jharkhand govt allows more economic activities in lockdown 4.0
Ranchi, May 18 () The Jharkhand government on Monday permitted industrial units to resume operations, opening of retail liquor stores and book and hardware shops in non-containment zones in the fourth phase of the coronavirus lockdown. After a discussion on the new guidelines of the Centre and keeping in mind the situation of the state, […]
YSR Rythu Bharosa-PM Kisan scheme: First instalment disbursal today
The second component of first instalment, Rs 5,500 each, will be credited into the accounts of around 49 lakh farmers The govt has already deposited Rs 2,000 out of the total Rs 7,500 which constitutes the first instalment of the Rs 13,500 a year sop Tenant farmers belonging to SC, ST, BC and Minorities, those who cultivate […]
Covid-19 won’t be able to damage Indian agriculture: Narendra S Tomar
The Centre has given several exemptions to the rural and agricultural sector from the lockdown — including all farming operations and mandis. This has definitely helped maintaining continuity in the supply chain, says Union minister Narendra Singh Tomar. Union agriculture & rural development minister Narendra Singh Tomar spoke to Saubhadra Chatterji and Zia Haq about the impact of the […]