Agriculture Current Affair 31 January 2020

Govt may trim budget allocation for PM-Kisan

The government may reduce allocation for the PM-Kisan scheme by 20 per cent to around 60,000 crore in the upcoming budget due to implementation hurdles in some States, according to sources.

The Centre had allocated 75,000 crore in the Budget Estimate (BE) for 2019-20 to implement the scheme, under which 6,000 is being provided to farmers per year in three equal instalments.

TRA developing tea varieties to mitigate impact of climate change

Climate resilient tea clones are being developed to mitigate the impact of climate change on tea production, Tea Board Chairman PK Bezbaruah said.

The Tea Research Association (TRA) is developing the clones which can sustain the rise in temperature and low rainfall in the tea producing areas of Upper Assam, Bezbaruah said at the Chevening Conversation on ‘Climate Change and Impact on Tea’ organised by the British Deputy High Commissioner here on Wednesday evening.

‘Slashing customs duty on edible oils counter-productive’

Edible oil trade body has voiced concern over move to reduce the customs duty on edible oil imports, terming it an exercise against national interest.

In a letter to the Union Commerce Ministry, the Soybean Processors Association of India (SOPA) has stated that edible oil import over the years at low custom duty has discouraged Indian farmers from growing oilseeds and dissuaded them from making any efforts towards increasing productivity. This has resulted in India’s continued dependence on imported edible oil. Such imports have kept edible oils prices low, making it un-remunerative to grow oil seeds.

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