When farmers and farming move forward in the form of industry, employment and self-employment opportunities are going to be created in the village and near it, on a large scale," said Modi
States have assured the Centre that they will utilise the Rs 1 trillion agriculture infrastructure fund to create post-harvesting and other facilities at village level for the benefit of farmers
Agriculture accounts for near 15% of India's $2.8 trillion economy and is a source of livelihood for more than half of its 1.3 billion people
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About 17,500 farmers of 14 Farmer Producer Organisations (FPOs) in three districts of Andhra Pradesh could sail through the Covid-19 crisis
This fund will be crucial for farmers, agri-entrepreneurs, start-ups, agri-tech players and farmer groups looking to boost the country's agriculture infrastructure, the group said
Farmers' exasperation was driven by diesel prices bloated by a fivefold jump in central government taxes over the last five years.
Modi releases the sixth installment of Rs 17,100 crore to more than 85.5 million farmer beneficiaries under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme
He will also release the sixth instalment of funds of Rs 17,000 crore to 85 million farmers under the PM-KISAN scheme
Rice is among the biggest agriculture exports from India along with buffalo meat and cotton
The area planted with rice, the main food crop of the world's second-most populous country, was 26.7 million hectares, compared with 22.4 million hectares in the year-earlier period
Icra stated that in the initial phase of the lockdown, dispatches were affected due to the shortage of labour and shutdown of a few fertiliser plants located in the integrated chemical complexes
As part of the Rs 20.97 trillion stimulus package, the government had announced Rs 2 trillion of concessional credit through KCC to 25 million farmers
After several years, farmers completed paddy plantation in more than 80% of crop area by the third week of July
It could also revive Indian exports of animal feed ingredient soymeal to places such as Bangladesh, Japan, Vietnam and Iran
Recent reforms, including three ordinances to provide barrier-free trading platforms to farmers, are aimed at addressing the post-production challenges and ensuring better returns to farmers, he said
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These issues have assumed greater importance after the government allowed farmers to directly sell their produce to processors and traders
The report was based on a field study concluded over a year ago, covering 49 FPO clusters and 45 agriculture value chains across 52 districts in 18 states
These decisions have also have been criticised for the likely negative impact on farmers, who are facing hard times due to the lockdown and subsequent fall in demand