Tuesday's meeting at the PM's residence, attended by all the five secretaries in the finance ministry besides top officials of other economic ministries and NITI Aayog, cleared a five-year vision plan for the government to make India a $5-trillion economy by 2024.
By June 14, the monsoon should have reached central India. But this year it hasn't even covered Karnataka properly or entered the Northeast.
"The season averaged maximum temperatures in Himachal Pradesh, West Rajasthan, Konkan, Goa, Coastal Karnataka, Kerala and Arunachal Pradesh are likely to be higher than normal by 0.5-1.0 degree Celsius," the Met department has said in its forecast.
For potato farmers in the north and wheat growers in the eastern parts -- particularly in Jharkhand, Bihar, and Odisha -- the recent rains could in fact be beneficial.
Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups.
A normal monsoon will augur well for the country's agriculture sector and boost crop yields. However, good rains - and surplus crops - could also depress prices, hurting farm income, unless adequate steps are taken.
Families with tax-paying members, government employees, professionals, among those who have been exempted from the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.
Allegations abound that traders milked the scheme to artificially keep prices down, while a significant amount of growers didn't even register owing to multiple difficulties in registration and were deprived of the payout.
Experts say improper records could lead to large-scale leakages and pilferage and benefits going to ineligible people.
'To bring about a paradigm shift in farmers's income, we need to change our approach to agriculture, and transit from the narrow prism of cultivation to a full-fledged enterprise, by building all associated supply chain linkages.' 'This alone will make the farmer an entrepreneur in his own right.'
The area-based income compensation scheme says that farmers should be paid the difference between the actual price they get and the state-mandated MSP. The compensation will be determined on a per acre basis by using district-level estimates of marketable surplus and prices in the harvest season.
Many farmers in drought hit states are seeking MGNREGA work but the state government's coffers do not have enough fund to pay the salaries of these workers.
Cheap milk prices, rising fodder cost and the difficulties in buying new cattle and selling old ones on account of cow vigilantism have cast a triple shadow on this sunshine sector in Indian agriculture, reports Sanjeeb Mukherjee.
The new governments will have to spend much more than Rs 220 billion in Rajasthan, more than Rs 160 billion in MP, and nearly Rs 30 billion in Chhattisgarh.
Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office
The latest official numbers on the price of agricultural produce gives an idea of what's fueling the farmers' protest in Delhi.
For the entire UPA regime, from 2005-06 to 2013-14, the average annual farm growth according to the GDP back series data is 3.8 per cent, which too is higher than the first four years of the NDA, though these two periods aren't comparable because one spans nine years and the other four.
Dalit votes could play a decisive role in 28-30 constituencies in the 230-member assembly.
The railways, the country's largest employer, will be hiring 127,000 people in 2018-2019, for which 23.7 million are competing.
The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes
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