Major farm measures likely in coming weeks: Agri Min

Agriculture Minister Radha Mohan Singh Thursday indicated announcement of major measures in the coming weeks to address farm distress across the country, a move that will come ahead of Lok Sabha elections.

The agriculture ministry has prepared a cabinet note on "addressing income deficit syndrome of small and marginal farmers" proposing various steps, including a financial package and interest waiver for timely crop loan repayers, according to sources.

A draft note has been finalised after several meetings with officials of Prime Minister's Office, the Niti Aayog, agriculture and finance ministries, the sources added.

Asked if the government is ready with a big farm package, Singh said: "When it will be announced, everyone will get to know. ...Every year before or during the budget, we have announced something new for farmers. Definitely, there will be something for farmers this time too."