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Centre's Economic Package Addresses Long Term Issues, Not Immediate Concerns of Farmers -Mayank Aggarwal

-TheWire.in Millions of agricultural labourers are currently under stress due to the ongoing lockdown which has led to a loss in income, loss of jobs for migrant labour and a disruption in the supply chain. Following the stress on the agricultural sector by the COVID-19 related lockdown, the central Government has announced medium to long term relief measures as part of an economic package. However, the package has fallen short on immediate...

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67 per cent of 92 farmer-producer organisations' business hit due to COVID-19 lockdown: Survey

-PTI/ The New Indian Express About 49 per cent of the FPOs surveyed reported a shortage of finance, 11 out of 18 FPOs dealing in vegetable produce reported losses with a reduction of 35 per cent of sales. NEW DELHI: The nationwide coronavirus-induced lockdown has impacted business operations of 67 per cent of the 92 farmer-producer organisations (FPOs) spread across 48 districts of the country, according to a survey. An FPO, formed by...

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Lockdown led to massive job losses, show early results of an ongoing telephonic survey

Preliminary results of an ongoing study by the Centre for Sustainable Employment of Azim Premji University (APU) indicate that the lockdown has had a devastating impact on the livelihood security of the working people. The survey is currently being conducted across the country by the Centre for Sustainable Employment along with civil society organisations. Impact on livelihoods Analysis of preliminary data collected through telephonic interviews between 13th April, 2020 and 9th May, 2020...

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Farmers likely to be able sell produce at farmgate

-The Hindu Business Line Farmers may soon be able to sell their harvested produce at farmgate, with the government adding new features on the electronic National Agriculture Market (eNAM) that bypasses the need for taking the produce to wholesale mandis. Agriculture Ministry on Thursday updated eNAM platform by adding two new software modules that would recognise trade from recognised warehouses using electronic negotiable warehouse receipts (eNWRs) and allow farmer producer organisations to...

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Budget 2020-21: Govt to announce Rs 10,000-crore 5-year plan for FPOs -Prabhudatta Mishra

-Financial Express Budget 2020: The direct budgetary aid would be in the form of a grant equivalent to the equity capital of each FPO. Budget 2020: The government will likely announce a five-year scheme in the upcoming Budget, entailing a total support —both budgetary and indirect —of Rs 7,000-10,000 crore to honour its pledge of creating 10,000 farmer producers’ organisations (FPOs) and help boost their agricultural income. The direct budgetary aid would be...

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