Recently, various state governments have announced farm loan waiver worth Rs. 850 million. This can negatively impact banks’ credit offtake (commercial loans) and cause further stress and amount to another agrarian crisis.
India’s agricultural sector has seen a considerable threat from climate change and it directly impacts the daily lives of farmers. A study found that climate change could have contributed to the deaths of more than 50,000 farmers or farm workers over the last 30 years. Thus the efforts to make agriculture resilient to climate must be increased and sustained in order to avoid the impacts of a warming world.
Recently, farmers from various regions of the country marched to Delhi to register their protest against the government’s neglect of farmers’ demands. Poor earnings of the farmers led to the never-ending distress in the agricultural sector and this resulted in the increasing number of farmer suicides. These worrying realities call for an appropriate policy response and sustainable alternatives to the current agricultural methods.
Minimum Support Price Scheme (MSP) for Minor Forest Produce (MFP) is a centrally-sponsored scheme launched at the end of 2013-14 (during the 12th five-year plan) to ensure fair and remunerative price to MFP gatherers. Known as ‘Mechanism for marketing of Minor Forest Produce (MFP) through Minimum Support Price (MSP) and development of value chain for MFP’, the scheme was planned as a social safety initiative for MFP gatherers.
Andhra Pradesh government announced that the State would fully adopt Zero Budget Natural Farming (ZBNF). This is an unprecedented transformation towards sustainable agriculture at such a massive scale. India could consider replicating the model for the country.
The Peruvian economist Hernando de Soto has often pointed out that a modern market economy requires a strong system of property rights. It is in this light it is essential to look at the land records management and its digitization in India.
What is Precision Farming? Precision agriculture refers to the precise application of agricultural inputs with respect to soil, weather and crop need in order to improve productivity, quality, and profitability in agriculture. It is a modern agriculture practice involving the use of technology in agriculture like remote sensing, GPS and …
Expected questions for mains: “The productive utilization of cow dung could create 1.5 million jobs nationally”. Discuss this statement with reference to the recently launched Gobardhan Scheme. Examine the key features of the Gobardhan Yojana. Critically analyze the potential benefits and challenges associated with the implementation of Gobardhan Scheme. Why …