In News Round the year, India’s farmers produce a host of agricultural commodities such as paddy in the kharif season or wheat in the rabi season. For the most part, farmers sell their produce in the market. About MSP Meaning The MSP for a crop is the price at which the government is supposed to […]
In News Recently, Maharashtra allowed payment of Fair and Remunerative Prices (FRP) in two instalments. About Fair and Remunerative Prices (FRP) The concept of Statutory Minimum Price (SMP) of sugarcane was replaced with the ‘Fair and Remunerative Price (FRP)’ of sugarcane for 2009-10 and subsequent sugar seasons with the amendment of the Sugarcane (Control) Order, […]
In News February 24th is the third anniversary of the launch of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme. PM Kisan About: The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme is a Central Sector Direct Benefit Transfer (DBT) Scheme. Launch: The scheme was launched on 24th of February 2019 (made effective from December 2018) to […]
In News Prime Minister of India flagged off 100 Kisan drones as a part of the “Drone Kisan Yatra” with the aim to promote chemical-free farming in India. Finance Minister Nirmala Sitharaman first announced the initiative in her Budget speech earlier this month. Sitharaman added that inclusive drone development is one of the four priorities […]
In News Maharashtra may follow several other big states and opt-out Pradhan Mantri Fasal Bima Yojana (PMFBY). Farmer groups have flagged irregularities in PMFBY & demanded a new state-level programme. About the scheme PMFBY insures farmers against all non-preventable natural risks from pre-sowing to post-harvest. Farmers have to pay a maximum of 2 per cent […]
In News The Prime Minister of India kickstarted the 50th Anniversary celebrations of ICRISAT. About ICRISAT It is a non-profit, non-political organization that conducts agricultural research for development in Asia and sub-Saharan Africa with a wide array of partners throughout the world. ICRISAT is headquartered in Hyderabad, Telangana, India, with two regional hubs and six […]
In News Recently, the Prime Minister of India stated that the Union government is resolved to mobilise small farmers into farmer producer organisations (FPOs) and make them influential market forces in the years to come. About Farmers Producer Organizations (FPOs) Farmer Producer Organisation (FPO) is a generic name, which refers to the farmer producers organization […]
In News India’s wheat exports in terms of volume rose by more than 527 per cent to 3.2 Million Tonne (MT) from 0.51 MT reported during April-October period of 2020-21. India’s cereals exports continue to surge notwithstanding disruption of global supplies because of COVID19 pandemic. Why there is rise in India’s wheat exports? The rise […]
In News The Cabinet Committee on Economic Affairs(CCEA) chaired by the Prime Minister, has approved the implementation of PMKSY for 2021-26. About PMKSY It was launched in 2015 and is a Centrally Sponsored Scheme, providing central grants to the State Governments for specific activities (90:10 for NE states & 75:25 for rest). The major objective […]
In Context In order to address the multiple goals of fertilizer policy, India needs to work on various key areas. Background Economic reforms: Since 1991, when economic reforms began in India, several attempts have been made to reform the fertilizer sector to keep a check on the rising fertilizer subsidy bill, promote the efficient use […]
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