Agriculture Current Affair 20 February 2021

Govt mulls ₹43,500-cr corpus for poultry, dairy sectors

Agri policies focused on post-harvest management, open market: Ashok Dalwai
The Centre plans to create a $6-billion corpus (₹43,500 crore) to strengthen logistics in animal husbandry, dairy and food processing sectors as part of its efforts to connect the farmgate to newer markets, a senior government official said today.

Ministry of Agriculture’s National Rainfed Area Authority (NRAA) Chief Executive Officer (CEO) Ashok Dalwai, addressing the Global Castor Conference 2021 organised by the Solvent Extractors’ Association of India (SEA), the Union government’s agricultural policies to create free and open markets supported by measures to strengthen the farmers hand.

Cotton exports may increase 30% as global market surges

Cheaper Indian fibre could lift shipments to 65 lakh bales

India’s cotton exports may increase by about 30 per cent for the current crop year (October 2020-September 2021) as rising global prices have made the fibre competitive.

According to trade experts, including Cotton Corporation of India (CCI) Chairman and Managing Director (CMD) PK Agarwal, exports could be between 65 and 70 lakh bales (of 170 kg each) compared with 50 lakh bales the previous year.

AIKS floats model Bill on crop support price

Assuring 50% over cost of production, it also hopes to set up a price stabilisation fund
Maintaining that a law to ensure Minimum Support Price at 50 per cent above cost of production (C2+50 per cent) is possible, the All India Kisan Sabha has come up with a model Bill to ensure fair and remunerative price for farm produce.

The AIKS hopes to get the Bill into Parliament as a private member’s Bill during the second part of the budget session.

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