Modi's 48 months better than Cong's 48-yrs rule for farm sector: Agri Min

There has been increase in government procurement of pulses, oilseeds and cotton through various schemes during the last four years of the government

Indian Prime Minister Narendra Modi play flies a kite with Indonesian President Joko Widodo (unseen) during the India-Indonesia kite exhibition in Jakarta, Indonesia, Wednesday 30, 2018.
Press Trust of India New Delhi
Last Updated : Sep 27 2018 | 1:46 PM IST

The NDA government's "achievements" in the farm sector during the last 48 months are much higher when compared to the Congress' 48-year rule since independence, Agriculture Minister Radha Mohan Singh claimed on Wednesday.

Listing out the first four years' achievements of the Modi government in the agriculture sector, the minister said the Centre has rolled out several new schemes to boost production and cut input costs with an aim to achieve its target of doubling farmers' income by 2022.

Singh said programmes such as Pradhan Mantri Fasal Bima Yojana (crop insurance scheme), Pradhan Mantri Krishi Sichai Yojana (irrigation), Soil Health Card, neem-coated urea, linking of mandis to a electronic trading platform e-NAM, among others, are making a difference in the lives of farmers.

He also slammed the Opposition for failing to appreciate the changes these programmes are bringing at the ground level.

"For 48 years, one family was ruling the country and it did not do any major development work in the agri sector. Initiatives taken by former Prime Minister Atal Bihari Vajpayee were also stalled by the UPA. We have achieved much more in agriculture in just 48 months," Singh told reporters here.

In the 2018-19 Union budget, the government announced it would fix minimum support price (MSP) 1.5 times higher than the cost of production and also frame a mechanism to ensure the support price reaches to farmers, he added.

Stating that modern markets are being developed to ensure better price to farmers, Singh said 585 mandis (wholesale markets) in 14 states have been linked so far to the online trading platform called e-NAM and additional 415 mandis will be connected by 2020.

There has been increase in government procurement of pulses, oilseeds and cotton through various schemes during the last four years of the government, he said.

To ensure farmers get bank loans, Singh said the Modi government has encouraged to form over 2.5 million joint liability groups in the last four years to whom Rs 279.3 billion has been released by the government.

Asked about the protest called by some farmers' bodies from next month, Singh said the ministry has not received any representation from these organisations.

The country's foodgrain production is estimated to have touched a record 279.51 million tonnes in the 2017-18 crop year (July-June) but the farmers in some states are in distress because of sharp fall in prices.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 30 2018 | 7:56 PM IST

Next Story