Government committed to doubling farmers income by 2022

Government is committed to doubling farmer's income by 2022 so that they can live a life of happiness and prosperity. This was stated by the Union Minister of Agriculture and Farmers' Welfare Shri Radha Mohan Singh.

The Agriculture Minister appreciated the work of Govind Ballabh Pant Agriculture and Technology University, Pant Nagar and said the university has found a place in 200 best universities of BRICS countries in the year 2016. As recently as this month, the university was also rated in the 350 best universities in Asia thereby making it only the second Agriculture University to get this recognition. This university has done remarkable work in the field of agricultural research, education and expansion.

The Minister said the evolution of some of the mountain crops is due to its special climate where several varieties of medicinal crops have been growing for centuries. Special varieties of Ragi (mandua), Saawan (zagora), which were on the verge of extinction, are grown. Shri Singh said it is imperative to give urgent attention to the development and conservation of special variety of crops developed in the hills.

Agriculture Minister said the Prime Minister and the Government are committed to doubling farmer's income by 2022 and for this the Government has increased the budgetary allocation of Agriculture and Farmer Welfare Ministry in the budget 2018-19 to Rs 58,080 cr from 51,576 cr in 2017-18. The Government is committed to the agriculture sector and has been pushing for the implementation of schemes that aims to shift priority from production-led to income-led strategy.

To achieve this ambitious objective, the government is encouraging to adopt the 'multi-dimensional seven-point' strategy suggested by Hon'ble Prime Minister, which includes-

1.Emphasis on irrigation along with end to end solution on creation of resources for 'More crop per drop'

2.'Provision of quality seeds and nutrients according to the soil quality of each farm.

3.Large investments in warehouses and cold chains to prevent Post-harvest losses.

4.Promotion of value addition through food processing.

5.Implementation of National Agricultural Markets and e-platforms (e-NAM) to eliminate shortcomings of all the 585 centers.

6.To mitigate the risk, introduction of crop insurance scheme at a lower cost.

7.Promotion of allied activities such as Dairy-Animal husbandry, Poultry, Bee-keeping, Medh Per Ped, Horticulture, and Fisheries.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel