Agriculture remains the primary sector of the Indian economy. While it accounts for merely 16 percent of the country’s GDP, approximately 43.9 percent of the population depends on it for their livelihood. In recent years, indebtedness, crop failures, non-remunerative prices and poor returns have led to agrarian distress in many parts of the country. The […]
Tag Archives: agricultire updates
Farmer producer companies – benefits are still away
Farmers Producers Organizations (FPOs) are a legalized form of farmer-owned institutions, which consists of farmer members with common interests and concerns. It is an entity formed by primary producers, like farmers, milk producers, fishermen, weavers, rural artisans, craftsmen, etc. It can be established in the form of Producer Company, a Cooperative Society or any other […]
As first batch of onions goes to Bangladesh by train, Maharashtra seeks reintroduction of MEIS scheme
Under the Merchandise Export from India Scheme (MEIS), onion exporters were eligible for a five per cent rebate for the onions they exported. However, the scheme was suspended in June 2019 due to the steady rise in retail and wholesale prices in the countryThe state marketing board has helped four to five traders from Lasalgaon’s […]