Agriculture Current Affair 21 October 2020

NCDC earmarks ₹25,000 crore for MSP operations by co-op societies

National Cooperative Development Corporation (NCDC), under the Agriculture Ministry, has earmarked ₹25,000 crore for MSP (minimum support price) operations during the current kharif season, which is 21 per cent more than last year.

Cooperatives use this short-term loans to procure foodgrains from farmers on behalf of Food Corporation of India and State procurement agencies for making instant payment to farmers. “Farmers need to be supported and their payments cannot be delayed or stopped. But more often than not, the government agencies involved procurement will not be paying cooperatives overnight. So the cooperatives use the NCDC credit for paying farmers,” NCDC Managing Director Sundeep Nayak told BusinessLine.

Krishi Vigyan Kendra’s new sales counter open at CMFRI

The newly designed sales counter of the Ernakulam Krishi Vigyan Kendra has started functioning at the Central Marine Fisheries Research Institute (CMFRI).

The sales counter has a Farm Shoppe which offers fresh, hygienic and packed food products (including vegetables and fish), and a Farm Store where various seeds, plants, feeds and organic manures among many other varieties are available exclusively for farmers.

Punjab introduces 4 Bills to negate Centre’s farm reform laws

Asserting that he was prepared to resign rather than bow to “injustice” meted out to Punjab farmers, Chief Minister Amarinder Singh on Tuesday warned of possible disruption of “peace and threat to national security” due to the new farm laws enacted by the Centre.

Singh said he was uneasy and upset over the situation and wanted to understand the Centre’s decision to cause such “suffering” to farmers amid the Covid-19 crisis.

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