Agriculture 2019

Agriculture 2019 News

Union Budget 2019: Govt will invest widely in agri infra; support entrepreneurship in farm sector
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Union Budget 2019: Govt will invest widely in agri infra; support entrepreneurship in farm sector

Finance Minister Nirmala Sitharaman Friday said the government will invest widely in agriculture infrastructure and support private entrepreneurship for value addition in farm sector

Union Budget 2019: Will Finance Minister Nirmala Sitharaman be able to salvage the agriculture sector?
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Union Budget 2019: Will Finance Minister Nirmala Sitharaman be able to salvage the agriculture sector?

With 50 percent of the population dependent on agricultural incomes—fully or partly—farm distress has the potential to pull down consumption,

Union Budget 2019-20: Govt needs to allocate more fund to bring Green Revolution to eastern India
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Union Budget 2019-20: Govt needs to allocate more fund to bring Green Revolution to eastern India

Bringing Green Revolution to Eastern India (BGREI) was initiated by Pranab Mukherjee as finance minister. He provided Rs 400 crore for it in 2010-11 budget

Budget 2019: Increase investment in farm sector, enhance market access, tells agri experts to Nirmala Sitharaman
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Budget 2019: Increase investment in farm sector, enhance market access, tells agri experts to Nirmala Sitharaman

Agriculture experts in their pre-budget consultation with Finance Minister Nirmala Sitharaman Tuesday demanded that the government take steps to boost investment in the farm sector and enhance market access to farmers

Budget should focus on promoting food processing to boost farmer's income, say experts
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Budget should focus on promoting food processing to boost farmer's income, say experts

Farm experts and agriculture organisations on Tuesday suggested that in the 2019-20 budget, the government should focus on increasing farmers' income by promoting food processing and farm exports besides addressing certain taxation issue

PM-Kisan scheme: Aadhaar optional for first installment, compulsory from second onwards
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PM-Kisan scheme: Aadhaar optional for first installment, compulsory from second onwards

The centre has made Aadhaar number of small and marginal farmers optional for availing the first installment of Rs 2,000 under the recently launched Rs 75,000 crore PM-Kisan scheme

Budget 2019: Basic income for farmers to boost rural consumption, higher credit to help agriculture sector, say experts
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Budget 2019: Basic income for farmers to boost rural consumption, higher credit to help agriculture sector, say experts

The government decision to allocate Rs 75,000 crore to 12 crore farmers for a minimum assured income of Rs 6,000 per year in the interim budget will boost the rural consumption and positive for agriculture and allied sectors

Budget 2019: Piyush Goyal announces 12 crore bonanza for distressed farmers, govt to give Rs 6,000 per year to buy inputs
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Budget 2019: Piyush Goyal announces 12 crore bonanza for distressed farmers, govt to give Rs 6,000 per year to buy inputs

The Centre announced direct income support of Rs 6,000 per year to farmers holding cultivable land up to two hectare, a move that would benefit 12 crore farmers and cost the exchequer Rs 75,000 crore annually

Basic income support for the poor to cost at least Rs 1.5 trillion to the nation per annum: India Ratings
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Basic income support for the poor to cost at least Rs 1.5 trillion to the nation per annum: India Ratings

Domestic rating agency India Ratings Tuesday expects the interim budget to announce an income support scheme for the poor

Cabinet may announce relief package for farmers before interim budget; plan includes waiving premium for crop insurance
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Cabinet may announce relief package for farmers before interim budget; plan includes waiving premium for crop insurance

Agriculture Minister Radha Mohan Singh had recently indicated that the government would announce an agriculture package before the 2019-20 budget. The NDA government will present an interim budget on 1 February.

Govt may announce package to farmers soon, says Minister of State for Agriculture Parshottam Rupala
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Govt may announce package to farmers soon, says Minister of State for Agriculture Parshottam Rupala

The government will soon announce a package for farmers to boost their income, Minister of State for Agriculture Parshottam Rupala said Thursday amid speculations that the Centre is considering various measures to address distress in the farm sector

Govt unlikely to get into a twist over budget propriety by replacing fertiliser subsidy with cash transfers
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Govt unlikely to get into a twist over budget propriety by replacing fertiliser subsidy with cash transfers

This year’s budgeted fertiliser subsidy is Rs 70,079 crore. So there will be a change in the form of expenditure, but not of substance.

Budget 2019: PHD Chamber expects reforms in farm sector, rationalisation of direct taxes; says bold steps essential to boost investment
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Budget 2019: PHD Chamber expects reforms in farm sector, rationalisation of direct taxes; says bold steps essential to boost investment

Consistent indirect tax revenue growth along with reduction in GST rates by the government indicates that the tax base is widening and economic activity is rapidly expanding in India, it said.

Budget 2019: Govt may hike farm credit target by about 10 percent to record Rs 12 lakh crore
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Budget 2019: Govt may hike farm credit target by about 10 percent to record Rs 12 lakh crore

For the current fiscal, the government has set a credit target of Rs 11 lakh crore

Budget 2019: Govt likely to overshoot fertiliser subsidy bill by Rs 30,000 cr, banks may chip in, says report
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Budget 2019: Govt likely to overshoot fertiliser subsidy bill by Rs 30,000 cr, banks may chip in, says report

A rise in fertiliser prices overseas and a fall in the rupee currency also made imported fertilisers more expensive

UAE, Saudi Arabia to invest in India for food security; to benefit farmers, says Suresh Prabhu
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UAE, Saudi Arabia to invest in India for food security; to benefit farmers, says Suresh Prabhu

Both the UAE and Saudi Arabia want to invest in both organic as well as food processing industries

Farmers are like entrepreneurs, need access to markets and credit to offset external risks
Business

Farmers are like entrepreneurs, need access to markets and credit to offset external risks

Ambitious agricultural credit targets set by the government have been consistently exceeded;

Year 2018 showed us farmer suicides and agri distress aren't fake news; will 2019 be any different for the kisan?
Business

Year 2018 showed us farmer suicides and agri distress aren't fake news; will 2019 be any different for the kisan?

Suicides by farmers despite the rollout of freebies should be an important lesson to the government that waiving off farm loans is hardly a way to address farm distress, either in the short-term or long-term.

Farm woes to take centrestage in the new year as poll battle looms
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Farm woes to take centrestage in the new year as poll battle looms

The agriculture sector, which remained in distress during 2018 as crop prices slumped due to bumper production, will be in the spotlight in the new year as the BJP-ruled central government is set to roll out a big package to assuage the angry farming community ahead of the general elections.