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To achieve the goal of doubling farmers’ income, the agriculture budget has been enhanced by 74.5%: Radha Mohan Singh

in National October 26, 2018 Comments Off on To achieve the goal of doubling farmers’ income, the agriculture budget has been enhanced by 74.5%: Radha Mohan Singh 601 Views

Newdelhi:26/ 10/18: Union Agriculture & Farmers Welfare Minister Shri Radha Mohan Singh has said  that with an aim to double farmers’ income, the budget outlay of the agriculture sector has been enhanced by 74.5% to Rs 2,11,694 crore during 2014-2019 as compared to Rs 1,21,082 crore during 2009-2014. On the occasion of inauguration ceremony of Krishi Kumbh 2018 organised in Lucknow, Uttar Pradesh today he said that the Government is implementing various schemes to ensure higher gains for farmers. The Soil Health Card (SHC) ensures judicious use of fertilizer application thus saving money for farmers. Neem-coated urea is being promoted as it enhances availability of nitrogen to the crop and reduces cost of fertilizer application. Paramparagat  Krishi Vikas Yojana (PKVY) is being implemented with a view to promote organic farming in the country.  This will improve soil health and organic matter content, and by receiving premium prices, net income of farmer will also increase. Realizing the possibility of organic farming in the northeast, Mission Organic Value Chain Development for North Eastern Region (MOVCD-NER) has been initiated.

He added that the National Agriculture Market scheme (e-NAM) has revolutionized agri-markets by ensuring better price discovery, bringing in transparency and competition in order to enable farmers to get better remuneration for their produce thereby moving towards ‘One Nation One Market.’ The Gramin Agricultural Markets (GrAMs), electronically linked to e-NAM portal and exempted from regulations of Agriculture Produce Marketing Committees (APMCs), provides farmers facility to make direct sale to consumers and bulk purchasers. Giving further boost to farmers’ income, the government also increased MSP of all Kharif and Rabi crops for 2018-19 season by at least 150% of the cost of production.

The Minister said that Pradhan Mantri Fasal Bima Yojana (PMFBY) &  Restructured Weather Based Crop Insurance Scheme (RWCIS) provide insurance cover at all stages of the crop cycle including post-harvest risks to farmers at very low rates of premium. The government provides total interest subvention up to 5% (inclusive of 3% prompt repayment incentive) on short-term crop loans up to Rs 3 lakh. Thus, loan is available to farmers at a reduced rate of 4% per annum on prompt repayment.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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