NIPFP's Rathin Roy said that providing income support and preventing wealth disruptions is a necessary requirement in the current situation.
This will open up the avenues for farmers to sell their produce at e-commerce and modern markets such as Amazon, BigBasket for a better price
The production of cereals, pulses and oilseeds is estimated to decline by 1.95 per cent, 2.22 per cent and 13.48 per cent, respectively, in 2019-20 compared to last year, according to the report.
The return of migrant workers to their villages offers an opportunity to give agribusiness a leg-up
The farm sector is expected to perform well in FY21 as well.
Central and northern states aren't ideal breeding grounds and South India might not see any attack; Rajasthan will be under threat for next few months
As the data relates to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector
Soumitra Dasgupta, Inspector General, Wildlife, Ministry of Environment said it is the desert locust which has attacked India in huge numbers and may lead to crop losses.
FM Nirmala Sitharaman had announced a series of measures to boost investments in India's defence and aerospace sector last week as part of the tranche 4 of the Rs 20 trillion economic stimulus
He says that the APMC system did not evolve with changes in time and requirement
Some of the sectors which have been worst affected by the pandemic and the lockdown include hospitality, tourism, aviation, logistics, e-commerce, automobiles, manufacturing and others
Former Congress president Rahul Gandhi also lauded the Chhattisgarh government for launching the scheme at a time when the poor and farmers were facing hardships due to the coronavirus
Credit costs could touch Rs 2.7 trillion
Government sets up Rs 1 trillion Agri-Infrastructure Fund, which will focus on short-term crop loan and investment in long-term agriculture infra
The Centre will have to wait for Parliament's monsoon session or bring in Ordinances
Stock limits will be imposed only under exceptional circumstances like national calamities and famine, said the FM
Net impact would depend on final list of chemicals to be banned and companies' move to diversify portfolio
The reason is the "well-oiled system" that exists right now, preventing farmers from approaching buyers directly.
Listen to the podcast to know about all the nine measures Finance Minister announced today
PM assures resumption of more economic activities; zone identification may be left to states