Amid farmers stir, Centre extends crop insurance sops
1 week, 1 day ago

Amid farmers stir, Centre extends crop insurance sops

Deccan Chronicle  

New Delhi: In the midst of ongoing farmer protests, the Union government on Wednesday announced extensions for two major crop insurance schemes — Pradhan Mantri Fasal Bima Yojana and the Restructured Weather Based Crop Insurance Scheme — through 2025-26, and unveiled a separate ₹824.77-crore fund for technological innovations in flagship agricultural programmes. According to Vaishnaw, the Centre has introduced a new Fund for Innovation and Technology with a corpus of ₹824.77 crore to enable faster assessment of crop damage, prompt claim settlement, and broader digital coverage. In another significant move, the Cabinet extended an additional subsidy on DAP beyond December 31, 2024, maintaining the retail price at ₹1,350 per 50 kg bag. This initiative, which may cost the exchequer up to ₹3,850 crore, follows last year’s special package of ₹3,500 per tonne for DAP from April 1, 2024, to December 31, 2024.

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Govt extends one-time package of up to ₹3,850 cr to subsidise DAP, 2 crop insurance schemes
Trending News
1 week ago

Govt extends one-time package of up to ₹3,850 cr to subsidise DAP, 2 crop insurance schemes

Live Mint  

New Delhi, Jan 1 The Union Cabinet on Wednesday extended a one-time package to subsidise key fertiliser DAP at the cost of up to ₹3,850 crore and approved a one-year extension of two crop insurance schemes, decisions that Prime Minister Narendra Modi said were dedicated to farmers. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, extended two …

Govt extends additional subsidy package of up to ₹3,850 cr for DAP fertiliser
1 week ago

Govt extends additional subsidy package of up to ₹3,850 cr for DAP fertiliser

Live Mint  

New Delhi, Jan 1 The government on Wednesday extended additional subsidy on di-ammonium phosphate beyond December 31, 2024, to help maintain retail prices of this key fertiliser at ₹1,350 per bag of 50 kg -- a move that could cost the exchequer up to ₹3,850 crore. Last year, the Centre announced a one-time special package on DAP at ₹3,500 per …

Centre raises crop insurance allocation, fertiliser subsidy to support farmers
1 week, 1 day ago

Centre raises crop insurance allocation, fertiliser subsidy to support farmers

India Today  

Prime Minister Narendra Modi said on Wednesday that the government's first decision in the New Year is dedicated to farmers, as the Union Cabinet headed by him enhanced allocation to crop insurance scheme and raised subsidy to a key fertiliser. The Cabinet's decision on extending the one-time special package on Di-Ammonium Phosphate will help farmers by ensuring the fertiliser at …

Centre raises crop insurance allocation, fertiliser subsidy to support farmers
1 week, 1 day ago

Centre raises crop insurance allocation, fertiliser subsidy to support farmers

India Today  

Prime Minister Narendra Modi said on Wednesday that the government's first decision in the New Year is dedicated to farmers, as the Union Cabinet headed by him enhanced allocation to crop insurance scheme and raised subsidy to a key fertiliser. The Cabinet's decision on extending the one-time special package on Di-Ammonium Phosphate will help farmers by ensuring the fertiliser at …

RJD MP Manoj Jha takes a jibe at Agriculture Minister says ‘a lot of difference between words and reality’
Trending News
1 month ago

RJD MP Manoj Jha takes a jibe at Agriculture Minister says ‘a lot of difference between words and reality’

The Hindu  

Rashtriya Janata Dal’s Rajya Sabha MP Manoj Jha on Saturday took a jibe at Agriculture Minister Shivraj Singh Chouhan for his Parliament address on farmers, saying, “There is a lot of difference between their word and reality.” Speaking with ANI, Mr. Jha criticised the authorities for the use of tear gas on the farmers protesting at the Sambu border with …

AP presents agri-allied budget of ₹41,436 crore
1 year, 9 months ago

AP presents agri-allied budget of ₹41,436 crore

Deccan Chronicle  

VIJAYAWADA: The Andhra Pradesh government on Thursday presented an agriculture and allied sectors’ Budget for 2023–24 with an outlay of ₹41,436.29 crore, emphasising on Kisan drone technology and “Per Drop More Crop” scheme. He maintained that the Jagan Mohan Reddy government has spent ₹₹1.54 lakh crore on agriculture and its allied sectors during the last 44 months as part of …

Farmers who repay loans to get ₹50,000 as incentive
2 years, 9 months ago

Farmers who repay loans to get ₹50,000 as incentive

Hindustan Times  

Mumbai In a budget speech that laid emphasis on agriculture, deputy chief minister Ajit Pawar announced several sops and measures for farmers, including an incentive of ₹50,000 for two million farmers, who repay their crop loans regularly. Pawar indicated that the state government wanted the Centre to modify the terms of its crop insurance scheme-Pradhan Mantri Fasal Bima Yojana and …

PM Modi's historic step: Subsidy on DAP fertiliser hiked by 140%
3 years, 7 months ago

PM Modi's historic step: Subsidy on DAP fertiliser hiked by 140%

India TV News  

Underlining that welfare of farmers is at the core of his government's efforts, Prime Minister Narendra Modi on Wednesday took a historic step of hiking fertiliser subsidy by 140%. The decision would mean that farmers will now get subsidy of Rs 1200 per bag of DAP instead of Rs 500. So the actual price of a DAP bag is now …

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