Agricultural sector is the prime source of income for farmers in India. To pace up with the burgeoning population and cope up with the incessant consumer demands, the development of this sector is a must. Here’s what the agritech industry is looking forward to in the upcoming union budget.
The activities of these start-ups will include inter-area support for farmer-producer organisations (FPOs), machineries for farmers on a rental basis at the farm level and technology including invitee base, Sitharaman said.
The government has been increasing the credit target for the farm sector every year and this time also, the target is likely to be increased to Rs 18-18.5 lakh crore for 2022-23, the sources said.
Tomar noted that under the 'Pradhan Mantri Kisan Samman Nidhi', so far Rs 1,57,000 cr have been deposited in the bank accounts of more than 11 cr farmers of the country.
Along with Revenue Minister Thorat, Co-operation Minister Balasaheb Patil, Agriculture Minister Dadaji Bhuse, Minister of State for Agriculture and Co-operation Dr Vishwajit Kadam's delegation had an hour-long discussion with Nationalist Congress Party (NCP) President Sharad Pawar on the state's agriculture reform bill.
There is, however, a need to strengthen the social safety net for those who might be adversely affected by the transition to the new system, Gerry Rice, Director of Communications at IMF, said at a news conference in Washington on Thursday.
The government has issued an e-booklet in English and Hindi highlighting the success stories of farmers who have benefited from the reforms enacted in September.
Many large states have announced farm loan waivers last year, as farmer suicides became a big political tool.
54% working population engaged in farms as cultivators and labourers.Low skills pushing more workers to become agricultural labourers.Only 2% (nearly 9 million) Indian workers formally skilled.The Prime Minister's Skill Development Mission (Pradhan Mantri Kaushal Vikas
Dehradun, Aug 7: The International Fund for Agricultural Development will provide livelihood opportunities to villagers of calamity-hit Uttarakhand at an expenditure of Rs.700 crore.The funds will be provided under the Integrated Livelihood Support project.In the
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