With the banks and other financial institutions seemingly reluctant to extend a loan to the Punjab state agricultural marketing board on easier terms for repairing the rural roads, the Mandi Board has decided to go with the National Bank for Agricultural and Rural Development offer. The Mandi Board is responsible for the upkeep of rural roads totalling 65,000km in length …
The cash-strapped state’s agricultural marketing board is looking to raise loans of ₹1,800 to ₹2,000 crore to repair the rural roads in Punjab, which have not been paved for the past 6 to 8 years. “We have some funds with us and need ₹1,800 crore to ₹2,000 crore additionally,” said Neelima, secretary Mandi Board. Development in the rural sector, especially …
Chennai: Assuming that it would be a normal and well-distributed monsoon next year, agri GVA is likely to grow by 3.4 per cent against 1 per cent this year. ICRA estimates the agri-GVA growth to slide to 1 per cent in FY2024 from 4 per cent in FY2023, amid weak estimates for kharif crop output and mixed trends for rabi …
In the gloom and doom surrounding every discussion on the Indian economy, what is being ignored are the sustained efforts by farmers and the proactive policies of the government to ensure that India’s post-COVID rural economy is poised to grow at a fast pace. The Modi government has over the last seven years increased procurement from farmers by almost 1.5 …
The intention behind direct payments to farmers is not to bypass Arhatiyas but to improve transparency in the process and provide best options to the farmers for their economic freedom. Haryana farmers got an estimated Rs 22,000 crore for the Rabi crop and Rs 2,588 crore in eight instalments under the PM Kisan Samman Nidhi, cash support of Rs 6,000 …