• About
  • Advertise
  • Contact Us
  • Privacy Policy
  • Submit Your Success Story
  • Hindi Version
Sunday, December 8, 2019
Indian Cooperative
IFFCO Banner
  • Home
  • Cooperative Federations
    • NCUI
    • NAFED
    • NCCF
    • NAFCUB
    • SUGAR COOP
    • HOUSING COOP
    • NCDC
    • NFCL
    • IFFCO
    • KRIBHCO
    • Fishcofed
  • Banks
  • Dairy
  • Fertilizer
    • IFFCO
    • KRIBHCO
  • NCUI
  • Cooperator
  • ICA
  • Laws/Legislations
  • States
No Result
View All Result
  • Home
  • Cooperative Federations
    • NCUI
    • NAFED
    • NCCF
    • NAFCUB
    • SUGAR COOP
    • HOUSING COOP
    • NCDC
    • NFCL
    • IFFCO
    • KRIBHCO
    • Fishcofed
  • Banks
  • Dairy
  • Fertilizer
    • IFFCO
    • KRIBHCO
  • NCUI
  • Cooperator
  • ICA
  • Laws/Legislations
  • States
No Result
View All Result
Indian Cooperative
No Result
View All Result
IFFCO Banner
Home Agriculture

Modi govt to give farmers Rs 15000 per hectare?

by Amit Awana
January 21, 2019
in Agriculture, Featured
0
Modi govt to give farmers Rs 15000 per hectare?
Share on FacebookShare on Twitter

Disturbed by the results in the recent assembly elections, the BJP top brass had been brainstorming the potential of the farm-factor in impacting the coming Lok Sabha election 2019 and here comes the news that says Niti Aayog has urged the govt to give a cash subsidy of Rs 15,000 per hectare to farmers under DBT, reports the ET.

Earlier, Prime Minister Narendra Modi had deliberated with Amit Shah, Arun Jaitley and Radha Mohan Singh on the issue. The Economic Times says the think tank believes this will make the need for all subsidies for agriculture, such as crop insurance, electricity, fertiliser, irrigation and interest subvention redundant.

Niti Aayog calculation is simple: as of now, the agriculture sector gets a total input subsidy worth over Rs 2 lakh crore per annum. Calculated on the total cultivable area in India, this amounts to Rs 15,000 per hectare.

Officials say such a move will put in place a mechanism that will end misuse of subsidized urea and power and give economic freedom to farmers. Significantly, Niti Ayog’s proposal has been floated ahead of the Lok Sabha elections and imposition of the Model Code of Conduct.

Experts say the govt and its agencies have been thinking over the issue for quite some time. Among various ideas being entertained in the govt circles is the idea of subsidizing farmers, not crops. The Telangana experience is being quoted in this context. Telangana has a flat subsidy of Rs 4,000 per acre per cropping season. KCR’s decisive victory in the recent election is said to be the result of his farmer-subsidy idea.

The idea of subsidizing farmers per acre and not the crop is not new. “Administratively simple to implement, it reduces the potential for corruption. Such a subsidy should be limited to 5 acres per family, so that it benefits poor farmers the most”, opined Swaminathan S Anklesaria Aiyar.

Earlier, Niti Aayog held two meetings with cooperators in quick succession to assess how far the cooperative movement is able to fulfill the Prime Minister dream of doubling farmers’ income by 2022.

Niti Aayog Vice Chairman Rajiv Kumar chaired the meeting on the subject “Cooperative Sector as a catalyst for Development”. Cooperators underlined the importance of strengthening PACS so that they play a proactive role in both farm and non-farm sectors and help farmers double their income.

Union Minister Radha Mohan Singh has been emphasizing the importance of income rather than production from the fields. Farmers should focus on alternative means of income such as bee-keeping, fisheries etc, has been the argument of both Singh and the Prime Minister.

Cash transfers to farmers also makes a farmer more competitive as he aligns his farming to market forces so that he gets maximum return. Aware that the govt is not coming to his rescue he does best in his own interest. Subsidizing crop also cripples farmers in some way, opine experts.

Tags: amit shahBJPcooperativeElectinKCRLok SabhaNiti Aaygtelangana

Related Posts

Rajasthan: Co-ops get ready for elections; BJP welcomes the move

Rajasthan: Co-ops get ready for elections; BJP welcomes the move

December 6, 2019
Damocles sword on 10 thousand co-op societies in MP

Damocles sword on 10 thousand co-op societies in MP

December 4, 2019
Model Co-op Bank teaches Co-op Principles to shareholders

Model Co-op Bank teaches Co-op Principles to shareholders

December 4, 2019
NCUI joins hands with CICTAB to train participants of SAARC nations

NCUI joins hands with CICTAB to train participants of SAARC nations

December 3, 2019
Harshendra brings laurels to IFFCO, dents Corporate dominated field

Harshendra brings laurels to IFFCO, dents Corporate dominated field

December 2, 2019
Amidst support and counter support Kerala Bank comes into being

Amidst support and counter support Kerala Bank comes into being

December 1, 2019
Next Post
MSC Bank hands over Rs 10 cr as dividend to CM

MSC Bank hands over Rs 10 cr as dividend to CM

Co-op Queries

Ask your cooperative-related
questions to Mr I C Naik
info@indiancooperative.com
Note: Must mention your State and the Society Registration Number

Query from Kapur KK

Query from Bidhan Naskar

Query from Kiran Kulkarni

Query from Sajid Natel

Video

भारतीय अंतर्राष्ट्रीय सहकारी व्यापार मेले (आईआईसीटीएफ), के उद्घाटन अवसर पर...#IndiaInternationalCooperativeTradeFair #IICTF

Posted by Narendra Singh Tomar on Friday, October 11, 2019

Twitter

Facebook

RSS Bhartiyasahkarita

  • नैनो लॉन्च के लिए मंत्री ने की इफको की तारीफ, कहा योजना पीएम के दिल के करीब
  • राजस्थान में डेयरी उद्यमियों को नाबार्ड ने किया प्रोत्साहित
  • प्रभावी ऋण वितरण के लिये रजिस्ट्रार ने की वीडियो कॉन्फ्रेंसिंग
  • हिमाचल स्टेट को-ऑप बैंक ने सीएम फंड में दिया 1 करोड़ का दान
  • पंजाब इन्वेस्टर्स समिट 2019 के लिए तैयारियां शुरू
  • मंत्री ने एफएआई समारोह में टैक्स कम करने की बात कही
  • एनसीयूआई ने सार्क देशों के प्रतिभागियों को किया प्रशिक्षित
  • डॉ लाल और डॉ नंद ने यूएस अवस्थी इफको पुरस्कार जीता
  • कृभको को सर्वश्रेष्ठ वीडियो फिल्म बनाने पर मिला पुरस्कार
  • इफको की आंवला इकाई ने सर्वश्रेष्ठ पर्यावरण संरक्षण पुरस्कार जीता
  • About
  • Advertise
  • Contact Us
  • Privacy Policy
  • Submit Your Success Story
  • Hindi Version

© 2018.

No Result
View All Result
  • Home
  • Cooperative Federations
    • NCUI
    • NAFED
    • NCCF
    • NAFCUB
    • SUGAR COOP
    • Housing
    • NCDC
    • NFCL
    • IFFCO
    • KRIBHCO
    • Fishcofed
  • Banks
  • Dairy
  • Fertilizer
    • IFFCO
    • KRIBHCO
  • NCUI
  • Cooperator
  • ICA
  • Laws/Legislations
  • States
  • Privacy Policy
  • About
  • Advertise
  • Contact Us
  • Submit Your Success Story

© 2018.