Taking cognisance of the fact that agriculture, and in general rural area, is under distress, the budget 2017-18 allocated ₹35,984 crores, the highest amount so far, for agriculture and farmers’ welfare. With this, the government intends to address issues of optimal utilisation of water resources, create a new infrastructure for irrigation, conserve soil fertility with […]
Read MorePulses in today’s scenario are the pulse of Indian agriculture. Being the country with huge vegan population, Pulses remains one of the major commodities of our Indian food basket acting as a major source of plant based protein supplement. Despite the fact that pulses hold 6-7% of the household food budget, per capita consumption has […]
Read More1. Bayer and Monsanto In a rapidly consolidating sector already dominated by just a handful of players, Bayer AG’s $66 billion acquisition deal with U.S.-based Monsanto Co. has significant negative implications for farmers and the industry, experts say. The two companies, though, say the deal will be a boon to the agricultural industry — helping […]
Read MoreIndian economy is considered to be one of the fastest growing economies in the world. The rural economy being the foundation, requires a strong push in terms of technology and innovation. The basic and serious concern of policymakers in India is to double the farm income within next five years and to achieve a minimum […]
Read More“Farmers for whom we have committed to double the income in 5 years”, said by Mr. Arun Jaitley, Finance Minister of India. The total allocation for the rural, agriculture and allied sectors in 2017-18 is ₹1,87,223 crores, 24% higher than the previous year. The major areas of funds allocations are as follows: Agricultural credit: The […]
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