Agricultural growth to be 3 per cent this year
Agriculture would come to the rescue of Indian economy and it will grow by 3 per cent this year despite all adverse conditions and thus would add at least 0.5 per cent to India’s GDP growth in 2020-21, said Ramesh Chand, Member Niti Aayog on Wednesday.
Chand, who along with Agriculture Minister Narendra Singh Tomar, addressed the media here said an expected normal monsoon and nearly 40 to 60 per cent more water in reservoirs as compared to last year, would ensure a good crop output this year. On top of it, mandi prices of most agricultural commodities, including potatoes and onions, are better than last year and this would increase the farmers income, which would leadthem to invest more in farming this year, he said.
UP farmers not happy with govt’s sugar offer
The Uttar Pradesh government’s proposal to sell a quintal of sugar for three months towards part payment of sugarcane dues has attracted widespread criticism from farmers in the State.
Last week, the State government proposed that interested UP sugarcane farmers, arrears due to whom have crossed ₹12,000 crore, could take a sugar bag of 100 kg at mill gate price and the payment towards this could be adjusted against the arrears that sugar mills owe them.
As per the latest projections, UP may have a bumper sugar production of around 110 lakh tonnes this sugar season.
Punjab CM Amarinder writes to PM to seek withdrawal of value cut on shriveled wheat
Punjab Chief Minister Captain Amarinder Singh on Tuesday sought immediate withdrawal of the value cut imposed by the Centre on farmers while allowing relaxations in specifications of shrivelled grains and lustre loss, caused by unseasonal rains in the state.
In a letter to Prime Minister Narendra Modi, the Chief Minister expressed shock that while accepting the state’s earlier representation to announce relaxations, the Union Ministry of Consumer Affairs, Food and Public Distribution had imposed heavy value cuts in the MSP, thus further burdening the farmers, already suffering losses due to diminished incomes and the lockdown effects.