The National Bank for Agriculture and Rural Development (Nabard) has approved Rs 65,634.93 crore loan so far to 93 prioritised irrigation NSE -2.82 % projects under the government's flagship scheme Pradhan Mantri Krishi Sinchai Yojana (PMKSY), its chairman H K Bhanwala said.
The Nabard is funding the central and state share of 99 prioritised irrigation projects under the PMKSY through long term irrigation fund (LTIF). It is mandated to provide Rs 70,000 crore loan to these projects to be completed by 2019.
The US has alleged that India is providing massive subsidies to its farmers producing rice and wheat and said that other countries need to be concerned about New Delhi's "trade distorting policy".
Chief Agricultural Negotiator Office of the US Trade Representative (USTR) Gregory Doud made the comments during a Congressional hearing Thursday.
NEW DELHI: Here’s a little-known story of Indian farming — a happy one. Led by strong and rapidly growing industry demand, a small group of farmers are earning as much as Rs 3 lakh per acre, a figure that’s put in true perspective when you consider wheat and rice farming doesn’t pay more than Rs 30,000 per acre.
Union Minister of Agriculture and Farmers’ Welfare Radha Mohan Singh on Monday urged the National Dairy Development Board (NDDB) in Anand to come up with a new innovation so that farmers are able to separate A1 and A2 milk for better income. He was speaking at a seminar on the ‘Role of Technology in Doubling Dairy Farmers’ Income’ organised by NDDB here.
New Delhi: On the day Congress, supported by other opposition parties, is leading an agitation against the Modi government over rising fuel prices, the rates saw another revision on Monday with petrol selling at 80.73 per litre and diesel at Rs 72.83 per litre in Delhi. In Mumbai, petrol retailed at Rs 88.12 per litre and diesel at Rs 77.32 per litre.
NEW DELHI: The Prime Minister’s Office will soon consider the draft agriculture export policy, which aims to double India’s farm exports to more than $60 billion by 2022.
The commerce department is finalising a cabinet note on the policy that calls for a stable and predictable farm exports regime with limited state interference, reform of the Agricultural Produce Market Committee (APMC) Act and streamlining of mandi fees along with liberalisation of land leasing norms including contract farming.
Karnataka government has announced a grant of Rs 50 lakh to startups focusing on rural development. Social Welfare Minister Priyank Kharge said that the government has taken this initiative to support startups across the state to encourage all innovations impacting the society.
A flood alert has been issued to certain states in the Northeast. Arunachal Pradesh has been sufferingfrom heavy floods since China released water into the Siang river.
China had earlier sent an alert to India of heavy rainfall in the region as it would soon release water into the Tsangpo River.
Acting on the letter sent by China, the Arunachal Pradesh government has alerted certain areas and is taking precautions to minimise damage.