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HomeIndiaGovernanceCabinet likely to approve agri-package for farmers tomorrow

Cabinet likely to approve agri-package for farmers tomorrow

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The agriculture ministry has recommended several options to provide both short and long term solutions to address agrarian distress. A final call will be taken in the cabinet meeting.

New Delhi: The cabinet on Monday is likely to approve a package for farmers to boost their income and address distress in the farm sector, sources said, adding that the move will come ahead of the general elections.

“The cabinet meeting is scheduled tomorrow (Monday) and the agriculture ministry’s proposal on addressing income deficit syndrome of small and marginal farmers is on the agenda,” a highly placed source said.

The agriculture ministry has recommended several options to provide both short and long term solutions to address agrarian distress. However, a final call will be taken in the cabinet meeting as a huge cost is involved, the sources said.

One of the options proposed is waiving interest on crop loans for farmers who pay on time, costing an additional ?15,000 crore to the exchequer, the sources stated.

There is also a proposal to completely waive premium for taking insurance policy for food crops. The centre is also evaluating the scheme followed by the Telangana and Odisha governments wherein a fixed amount is transferred directly into the bank account of farmers, the sources added.

Agriculture Minister Radha Mohan Singh had recently indicated that the government would announce an agriculture package before the 2019-20 Budget, to be presented on February 1.

Experts said the government has less time to implement any new scheme. The measure has to be such that it can be implemented faster to reap the political gains during the election.

It may be noted that the central government has taken farmers’ issues seriously after the ruling BJP was defeated in Madhya Pradesh, Rajasthan and Chhattisgarh in the recent state polls, where rural distress was a key factor.

Farmers are in distress owing to fall in prices of most crops in view of bumper crop.-PTI


Also read: Modi govt considering cash payments to farmers instead of subsidies


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1 COMMENT

  1. 1. Minimum Support Price (MSP) for farm produce, loan waivers and fertilizer subsidies and many other benefits meant for farmers would only be of short term assistance to deal with farmers’ distress. Views expressed in this article provoke readers like me, who live in urban areas, to think about farmers’ distress. 2. My query in this context is this: why is there no effort to recognize that problems of small & marginal farmers are not same as of those with land holdings of ten or more acres? If we do not categorize farmers as per their landholdings and deal with problems of each category, we will be shooting in dark. 3. As a small measure, urbanites can join hands with small farmers’ cooperatives and buy vegetables and fruits from these coops. This would increase the farmers’ income as middlemen would be eliminated. 4. Here I wish to make a mention of relevant technological invention, solar conduction dryer, which has potential to augment farmers’ income. I understand that by using these dryers, tomatoes, some leafy vegetables and fruits can be dehydrated and preserved for over six months without losing a substantial portion of nutrients of these vegetables, fruits, etc. Considering huge waste of perishable fruits and vegetables, use of solar powered dryers must be promoted.

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