-The Pioneer Hitting at UPA’s biggest flagship scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Agriculture Ministry has criticised the scheme in it’s first ever Agriculture Survey saying that MGNREGA has led to double digit growth in wages annually in the last few years even exceeding the rate of inflation that prevailed during this period. The Agriculture Survey is compiled by the Agriculture Ministry as a precursor to Union Budget on...
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Govt report on farms calls for reforms to boost investment
-The Hindu Business Line A Government report has called for enhancing investment in agriculture and leveraging technology to boost the country's farm sector growth in the years ahead. The report ‘State of Indian Agriculture 2011-12,' released by the Agriculture Ministry on Tuesday, called for institutional reforms in research set up to make it more accountable and geared towards delivery, conservation of natural resources such as water and land among others. “Achieving a 8-9...
More »Budget 2012: Introduce VAT on farm produce, says government report
-PTI With agriculture share in GDP halving to 15 per cent in the last two decades, a government report card today called for major reforms, from marketing to investment, and new technologies for accelerating farm growth. The report on 'State of Indian Agriculture 2011-12', tabled in the Lok Sabha said, "Achieving an 8-9 per cent rate of growth in overall gross domestic produce (GDP) may not deliver much in terms of poverty...
More »Food Security bill: Rs 1.15 lakh cr more needed to raise farm output
-PTI An additional investment of Rs 1,15,660 crore would be required to revitalise the agriculture sector and boost production to meet the foodgrains demand under the proposed Food law, Parliament was informed today. "To effectively implement the proposed Food Security Act, it is estimated that there should be an additional production of about 70-75 million tonnes of foodgrains," Minister of State for Agriculture Harish Rawat said in a written reply to Lok...
More »Scheme to share loss suffered by potato, onion growers
-PTI Amid reports that potato and onion farmers were dumping their produce due to fall in prices, Agriculture Minister Sharad Pawar today assured Parliament that a scheme is in place to share the loss incurred by the growers. The Agriculture Ministry implements a Market Intervention Scheme (MIS), after it receives proposals from state government on the need for procurement of agricultural and horticultural crops, Pawar said in a reply to a query...
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