-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...
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Union budget 2022-23: Big cut in fertilisers Subsidy to worry farmers -Bhagirath
-Down to Earth Urea Subsidy cut 17%; allocation for NPK Subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced Subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea Subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
More »Many farmers left out of PM Kisan benefits in A.P., reveals survey -P Sujatha Varma
-The Hindu ‘Neither are the reasons specified nor a resolution process put in place’ Vijayawada (Andhra Pradesh): About 15.2 lakh farmers in Andhra Pradesh are deprived of the payment instalments under the Centrally-sponsored ‘PM Kisan Samman Nidhi’ that provides input Subsidy to them. As part of the scheme, the farmers will receive a sum of ₹6,000 per agricultural year in three instalments of ₹2,000 each and the transfer of the 10th instalment is...
More »Andhra Pradesh extends support to SC women farmers for natural farming push -Shagun
-Down to Earth The government will use its extensive network of women’s self-help groups to encourage the transition. The Andhra Pradesh government announced financial support to more than 70,000 women from scheduled castes (SC) to promote natural farming among marginal farmers. Natural farming excludes the application of chemicals and promotes traditional agricultural practices. It is regarded as particularly useful for smallholder farmers as it reduces dependency on purchased inputs. A one-time Subsidy of...
More »India is waking up to the hidden benefits of natural farming -Sayantan Bera
-Livemint.com Early adopters claim higher yields and low cultivation costs. But scientific validation is awaited Government can keep fertilizer subsidies in check. The fertilizer Subsidy bill, driven by a spike in natural gas and other raw material prices, is set to touch a staggering ₹1.3 trillion in 2021-22 Life is what happens when you’re busy making other plans. Or so it happened to KV Homendra. At 23, he went for a degree in...
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