The Government of India’s paddy and wheat procurement operations have been running smoothly, bringing good news to the agricultural community. During the Kharif Marketing Season (KMS) 2022-23, over 830 Lakh Metric Tons (LMT) of paddy has been procured under the Minimum Support Price (MSP) scheme, benefiting more than 1.22 crore farmers with a direct transfer of Rs. 1,71,000 crore into their accounts. Additionally, wheat procurement during the ongoing Rabi Marketing Season (RMS) 2023-24 has exceeded last year’s figures by a significant margin. Let’s explore the key highlights of these successful operations that have ensured a comfortable stock of food grains in Government granaries.

Overview

The Government of India’s commitment to supporting farmers and ensuring food security has resulted in successful paddy and wheat procurement operations. With effective arrangements in place, the paddy procurement for the Kharif Marketing Season 2022-23 has reached an impressive 830 LMT, benefiting a substantial number of farmers and contributing to their financial well-being. Simultaneously, the ongoing wheat procurement for the Rabi Marketing Season 2023-24 has surpassed last year’s figures, providing further support to the agricultural sector.

Key Points

1. Paddy Procurement: During the Kharif Marketing Season (KMS) 2022-23, the Government of India has procured more than 830 Lakh Metric Tons (LMT) of paddy under the Minimum Support Price (MSP) scheme. This initiative has positively impacted over 1.22 crore farmers across the country.
2. Direct Financial Support: As part of the paddy procurement operations, an impressive MSP outflow of Rs. 1,71,000 crore has been directly transferred into the bank accounts of the beneficiary farmers. This substantial financial support is expected to enhance their economic stability.
3. Rice Delivery Progress: The procurement of paddy has also led to significant progress in rice delivery. Out of the total paddy procurement of 830 LMT (equivalent to 558 LMT in terms of rice), approximately 401 LMT of rice has already been received in the Central Pool as of 19.06.2023. Another 150 LMT of rice is expected to be received soon.
4. Wheat Procurement: Moving to the Rabi Marketing Season (RMS) 2023-24, the progressive procurement of wheat has been commendable, reaching 262 LMT as of 19.06.2023. This figure surpasses the total procurement of wheat during the previous year by a remarkable 74 LMT.
5. Extensive Farmer Support: The ongoing wheat procurement has already benefited about 21.29 Lakh farmers, who have received MSP payments amounting to approximately Rs. 55,680 crores. This substantial financial boost is set to positively impact the rural economy.
6. Leading Procuring States: The states of Punjab, Madhya Pradesh, and Haryana have played a major role in the wheat procurement operations, contributing 121.27 LMT, 70.98 LMT, and 63.17 LMT, respectively. Their proactive efforts have significantly contributed to the overall success of the procurement drive.
7. Record MSP Payments: The combined MSP payment to farmers for the procurement of wheat and paddy this year stands at an impressive Rs. 2,26,829 crore. This marks a notable increase from the total payment of Rs. 2,05,896 crore made in the previous year.
8. Adequate Food Grains Stock: Thanks to the successful procurement operations, the combined stock of wheat and rice in Government granaries has reached a substantial 570 LMT. This comfortable stock position ensures the country’s readiness to meet its food grain requirements and maintain food security.

Conclusion

The Government of India’s proactive efforts in paddy and wheat procurement have yielded remarkable results, benefiting millions of farmers and ensuring food security through a sufficient stock of food grains. These achievements exemplify the government’s unwavering commitment to supporting the agricultural sector and ensuring the well-being of farmers across the nation.

In a significant move, the Government of India has taken measures to ensure an abundant supply of Non-Basmati White Rice in the domestic market while curbing the surge in prices. By amending the Export Policy of this variety from ‘Free with export duty of 20%’ to ‘Prohibited‘ with immediate effect, the government aims to stabilize rice prices and benefit both farmers and consumers.

Overview

Over the past year, the retail prices of Rice have surged by 11.5%, and in the last month alone, they have increased by 3%. To address this concern and make rice affordable for all, the government has undertaken a significant policy change.

Despite the imposition of export duty, the export of Non-Basmati White Rice has risen sharply. From September 2021 to March 2022, exports stood at 33.66 LMT (Lakh Metric Tonnes), but during the same period in 2022-23, it surged to 42.12 LMT. The current financial year (2023-24) has witnessed a further 35% increase, with 15.54 LMT exported from April to June compared to 11.55 LMT in 2022-23.

Important Points

1. Government Update: Effective immediately, the Export Policy for Non-Basmati White Rice has been changed from ‘Free with export duty of 20%’ to ‘Prohibited’.
2. Rising Prices: Domestic rice prices have increased by 11.5% over the past year and 3% in the last month, creating concerns over affordability.
3. Export Duty Implementation: In an effort to control prices and maintain a steady supply of Non-Basmati White Rice in the domestic market, an export duty of 20% was imposed on this variety on 8th September 2022.
4. Factors Behind Export Surge: The surge in exports can be attributed to international market dynamics, including geopolitical scenarios, El Nino influences, and extreme weather conditions in other rice-producing countries, leading to high international prices.
5. Impact on Consumers: Non-Basmati White Rice constitutes approximately 25% of India’s total rice exports. Prohibiting its export will help lower prices in the domestic market, benefiting consumers and ensuring food affordability for all.
6. Farmer-Friendly Policy: While the export policy for Non-Basmati White Rice has changed, there is no alteration in the Export policy of Non-Basmati Rice     (Par Boiled Rice) and Basmati Rice, which constitute the majority of India’s rice exports. This measure ensures that farmers will continue to receive remunerative prices in the international market.

Conclusion

The government’s proactive approach aims to balance the interests of farmers and consumers, fostering food security and stability in the Indian rice market. As farmers, you can continue to thrive with remunerative prices for other rice varieties while consumers can relish the goodness of affordable Non-Basmati White Rice. This initiative reflects the government’s commitment to the welfare of farmers and the well-being of every Indian household.

In a groundbreaking move to provide farmers and consumers with accessible and nutritious pulses, Union Minister Shri Piyush Goyal has launched ‘Bharat Dal’. Under this initiative, subsidised Chana Dal will be made available to the public at affordable rates, a major step by the Central Government to ensure food security and health for all. With the conversion of government-held chana stock into chana dal, the benefits will be passed on directly to you, the farmers and consumers.

Overview

It is a brand of subsidised Chana Dal, offered at the rate of Rs 60 per kg for one kg pack and Rs 55 per kg for 30 kg pack. ‘Bharat Dal’ undergoes meticulous milling and packaging processes, meticulously handled by the National Agricultural Cooperative Marketing Federation (NAFED), guaranteeing top-notch production and seamless distribution.

You can find ‘Bharat Dal’ at the retail outlets of NAFED in Delhi-NCR, making it easily accessible for consumers in the region. This initiative doesn’t stop at Delhi-NCR; the chana dal is also distributed through outlets of NCCF, Kendriya Bhandar, and Safal, broadening its reach to serve people nationwide. State governments can procure ‘Bharat Dal’ for their welfare schemes, police, jails, and consumer cooperative outlets, further extending its benefits to various segments of society.

Key Points

1. A Staple in India: Chana is one of the most abundantly produced pulses in India, enjoyed in various forms across the nation.
2. Nutrient Powerhouse: Chana is rich in essential nutrients like fibre, iron, potassium, vitamin B, selenium, beta carotene, and choline.These nutrients play a crucial role in maintaining overall health and well-being, making them vital for supporting our overall wellness.
3. Combat Anaemia: With its iron content, Chana helps combat anaemia, ensuring a healthier blood profile for all age groups.
4. Blood Sugar Control: Consuming Chana can contribute to better blood sugar regulation, making it an excellent choice for individuals with diabetes or those seeking to maintain stable blood sugar levels.
5. Bone Health: The presence of potassium in Chana contributes to bone health, keeping your skeletal system strong and resilient.
6. Mental Well-being: Chana’s nutritional composition, including vitamin B and choline, supports mental health and cognitive function, promoting a sharp and focused mind.

Chana in Various Forms

• Delicious Snack: Roasted Chana is a popular and healthy snack option that is not only tasty but also packed with essential nutrients.
• Culinary Delights: Chana dal can be used as an alternative to tur dal in curries and soups, adding a delightful nutty flavor to your dishes.
• Namkeens and Sweets: Chana besan is a significant ingredient in namkeens and sweets, bringing that special touch to your favorite treats.

Conclusion

‘Bharat Dal’ is a game-changer for farmers and consumers alike, ensuring that everyone can access affordable and nutritious pulses. With its versatile uses and numerous health benefits, Chana is truly a pulse that stands out. Embrace the goodness of ‘Bharat Dal’ and make it an integral part of your kitchen and meals.

Remember, healthy pulses lead to a healthier and happier you. So, seize this opportunity to savor the flavor of ‘Bharat Dal’ while reaping its incredible nutritional rewards.

The Central Government has taken a significant step to ensure that edible oil remains affordable and accessible to consumers across the nation. In a move to tackle rising prices and provide relief to households, the Basic Import Duty on Edible Oils has been reduced, opening up new possibilities for the agricultural community. This decision, made official through Notification No. 39/2023 – Customs on 14th June, 2023, specifically impacts Refined Soyabean Oil and Refined Sunflower Oil, with the duty dropping from 17.5% to 12.5%, and will be in effect until 31st March, 2024. Let’s explore how this decision will positively affect farmers and consumers alike.

Overview

The Central Government has implemented a reduction in the Basic Import Duty on Refined Soyabean Oil and Refined Sunflower Oil to address the soaring prices of edible oils in the domestic market. As part of their ongoing efforts to curb inflation and make essential commodities affordable, this measure is expected to alleviate the burden on consumers. Import Duties play a crucial role in determining the landed cost of edible oils, which directly influences domestic prices. By reducing these duties, the government aims to ease retail prices and improve the availability of edible oils in the country.

Key Points

1. Reduced Import Duty: The Basic Import Duty on Refined Sunflower Oil  and  Refined Soyabean Oil has been lowered from 17.5% to 12.5% as of 14th June, 2023. This favorable duty rate will remain in effect until 31st March, 2024.
2. Consumer Benefit: With the import duty reduction, the landed cost of edible oils is expected to decrease, translating into lower domestic retail prices. This will be a welcome relief for consumers grappling with high living costs.
3. Previous Measures: In response to the escalating prices of edible oils, the government has proactively implemented measures in the past. In October 2021, recognizing the impact of high international prices on the domestic market, the import duties on Refined Soyabean Oil and Refined Sunflower Oil were substantially reduced from 32.5% to 17.5%. This decision was aimed at mitigating the effects of rising costs and ensuring a stable supply of essential edible oils for consumers within the country.
4. Agricultural Implications: For farmers, this decision could lead to new opportunities. With lower import duties, there may be increased demand for domestically produced edible oils, potentially boosting agricultural output and income in this sector.
5. Monitoring and Distribution: The Department of Food and Public Distribution, under the Ministry of Consumer Affairs, Food and Public Distribution, is taking charge of monitoring edible oil prices in the country. This ensures that consumers have adequate access to this essential commodity.

Conclusion

As farmers, you play a crucial role in providing the nation with essential commodities like edible oil. The recent reduction in Basic Import Duty on Refined Soyabean Oil and Refined Sunflower Oil is a testament to the government’s commitment to support both farmers and consumers. By making edible oils more affordable and available, this decision paves the way for a brighter and more prosperous future for the agricultural community and the entire nation. Let’s harness this opportunity and work together to ensure a steady supply of edible oils at reasonable prices, benefiting every household in the country.

The National Webinar on ‘Sustainability of Fish Meal Industry and the Livelihoods of Fishermen,’ was organized by the Department of Fisheries, Ministry of Fisheries, Animal Husbandry, and Dairying, Government of India. As part of the ongoing celebration of Azadi Ka Amrit Mahotsav, this event aims to shed light on the crucial role fish meal plays in aquaculture and its significance in supporting the livelihoods of fishermen. Join us on this journey to explore the challenges, opportunities, and alternatives in the fish meal industry, fostering sustainable practices for a better future.

Overview

Fish meal serves as a vital protein-rich feed supplement for fish and crustaceans in aquaculture. It is a concentrated source of essential nutrients, amino acids, vitamins, and minerals that promote healthy growth in animals. The industry’s sustainability is of utmost importance to ensure the well-being of fish farmers, preserve marine ecosystems, and meet the growing demand for quality fish products. This webinar brought together experts, representatives, and stakeholders from the fisheries community to discuss various aspects of the fish meal industry and its impact on livelihoods and the environment.

Key Points

1. Importance of Fish Meal Industry: Mr. Nissar F. Mohammed, from CLFMA, emphasized the significance of fish meals in aquaculture. He highlighted how utilizing fish waste in fish meal production can reduce water pollution, boost animal immunity, and decrease mortality rates in young animals.
2. Challenges in the Fish Meal Industry: Mr. Mohamed Dawood Sait, President of the Indian Marine Ingredients Association, addressed the issues and challenges faced by the industry. The association plays a pivotal role in promoting the welfare of the fisheries sector and fostering advancements.
3. Fish Meal and Shrimp Feed Industry: Shri A. Indra Kumar, Chairman and Managing Director of Avanti Feed Pvt. Ltd, discussed the growing fish meal and shrimp feed industry, driven by the increasing export demands. He stressed the need for sustainable aquaculture practices to maintain customer trust.
4. Alternatives to Fish Meal in Aqua Feed: Dr. Ashish Kumar Jha, Senior Scientist at Veraval ICAR-Central Institute of Fisheries Technology, presented alternatives to fish meal, such as insects, leaves, fruits, and seeds. These alternatives address concerns related to overfishing, bycatch, and pollution.
5. Efforts for Juvenile Fishery Mitigation: Dr. A.P. Dineshbabu, the esteemed Principal Scientist at ICAR-CMFRI, has shed light on significant initiatives to tackle juvenile fishery bycatch within Indian Marine Fisheries. He proposed a range of effective strategies, including Juvenile Bycatch Reduction Devices (JBRD),  mesh size regulation, and the implementation of Minimum Legal Size (MLS) guidelines. These measures hold the key to safeguarding young fish and fostering sustainable fishing practices in our marine ecosystems.
6. Minimizing Fish Waste: Shri Ramacharya, Director Fisheries, Government of Karnataka, urged support for the industry, emphasizing that around 12-18% of fish go to waste. He advocated for awareness and policy measures to curb unregulated fishing.
7. Artificial Reefs for Fish Replenishment: Joint Secretary (MF) emphasized the importance of creating awareness and establishing artificial reefs to replenish fish populations, discouraging the capture of juvenile fishes.
8. Interactive Session: The webinar provided a platform for fish farmers and industry representatives to raise queries and doubts, fostering fruitful discussions and clarifications.

Conclusion

The National Webinar on ‘Sustainability of Fish Meal Industry and the Livelihoods of Fishermen’ was a resounding success, with insightful discussions and actionable takeaways. The event brought together experts, stakeholders, and representatives from the fisheries community to address challenges and explore sustainable solutions for the fish meal industry. As we move forward, we commit to developing sectoral strategies and action plans that will safeguard the environment, support fishermen’s livelihoods, and ensure the prosperity of the fisheries sector. We extend our heartfelt gratitude to all participants and speakers for their valuable contributions and to Dr. S. K. Dwivedi for proposing the vote of thanks, closing this enriching webinar. Together, we can build a brighter and more sustainable future for the fish meal industry and the communities it supports.

There is a world of opportunities and growth in the livestock sector. The Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry, and Dairying has brought forth an exciting Credit Guarantee Scheme under the Animal Husbandry Infrastructure Development Fund (AHIDF). 

This empowering scheme is specifically crafted to uplift farmers, particularly first-generation entrepreneurs and the underprivileged segments of society. Its core objective is to fortify the credit delivery system and offer seamless access to hassle-free credit for Medium, Micro,& Small Enterprises operating in the dynamic Livestock sector.

Overview

The Credit Guarantee Scheme under AHIDF is a game-changer for the livestock sector, making it easier for MSMEs to access financial assistance without the burden of collateral security. By establishing a Credit Guarantee fund Trust of Rs. 750.00 crores, the Department of Animal Husbandry & Dairying has taken a significant step towards fostering a conducive environment for entrepreneurs to thrive. The scheme’s main focus is to give paramount importance to the project’s viability and ensure that credit is secured solely based on the primary security of the assets being financed.

Key Points

1. Access to Finance: The credit guarantee scheme aims to provide much-needed access to finance for the underserved and unserved livestock sector. It opens doors to financial assistance from lenders for first-generation entrepreneurs and those lacking collateral security to support their ventures.
2. AtmaNirbhar Bharat Abhiyan Stimulus Package: The establishment of the credit guarantee fund trust was approved under the Prime Minister’s AtmaNirbhar Bharat Abhiyan stimulus package, with a focus on incentivizing investments in various livestock infrastructure domains.
3. Six Focus Areas: The AHIDF scheme encourages investments in critical areas such as dairy processing and value addition infrastructure, meat processing and value addition infrastructure, animal feed plants, breed improvement technology, animal waste to wealth management, and setting up veterinary vaccine and drugs manufacturing facilities.
4. Credit Guarantee Fund Trust: The pioneering Credit Guarantee Fund Trust has been established through a partnership between DAHD and NABSanrakshan Trustee Private Limited, which is a subsidiary of NABARD. Launched in March 2021, this trust holds the distinction of being the country’s first-ever fund trust under the Credit Guarantee scheme for the agriculture and animal husbandry sector.
5. Enhancing MSMEs’ Reach: With the establishment of the credit guarantee fund trust, the AHIDF scheme is expected to exponentially increase the number of MSMEs benefiting from collateral-free credit, strengthening the ecosystem for credit from banks.
6. Rule-based B2B Portal: A user-friendly credit guarantee portal has been developed, streamlining the enrollment of eligible lending institutions, issuance/renewal of Credit Guarantee Cover, and settlement of claims.
7. Interest Subvention: The AHIDF scheme offers an attractive interest subvention of 3%, making it easier for MSMEs to secure up to 90% of the total project cost from scheduled banks and the National Cooperative Development Corporation (NCDC).

Conclusion

The Credit Guarantee Scheme under the Animal Husbandry Infrastructure Development Fund (AHIDF) is a game-changing initiative that opens new avenues for growth and prosperity in the livestock sector. By facilitating financial assistance to MSMEs, especially first-generation entrepreneurs and the underprivileged, without the burden of collateral security, the scheme strengthens the credit ecosystem and boosts the overall rural economy. Embrace this opportunity and join the league of thriving livestock entrepreneurs!

The Government of India is working diligently to ensure that you and the end consumers benefit from the decline in international edible oil prices. With a watchful eye on domestic retail prices, the government is taking decisive steps to make sure that the cost savings are passed on to the public. Here’s an overview of the significant measures that have been put into action, bringing ease and control to the edible oil market.

Overview

In response to the falling international prices of major edible oils like Crude Soybean Oil, Crude Sunflower Oil, Crude Palm Oil, and Refined Palm Oils, the Indian Government has been proactively addressing the situation. Regular meetings with leading Edible Oil Associations and industry players have led to guidance on reducing retail prices in line with international trends.

Key Points

1. Cutting Basic Duty on Crude Oils: Government took a significant step by eliminating the basic duty on Crude Palm Oil, Crude Soybean Oil, and Crude Sunflower Oil, bringing it down to nil. This move was aimed at easing the burden on consumers and stabilizing the market. Additionally, the Agri-cess on oils was reduced from 20% to 5%, providing further relief.

2. Extension of Duty Structure: The duty cuts mentioned above were initially set until 31st March 2024. The government’s commitment to supporting consumers and farmers is evident in extending this duty structure beyond the original timeline.

3. Reducing Duty on Refined Oils: To encourage affordability, the basic duty on Refined Soybean Oil and Refined Sunflower Oil saw a considerable reduction from 32.5% to 17.5%. Similarly, the basic duty on Refined Palm Oils was brought down from 17.5% to 12.5%. These changes were made permanent until 31st March 2024.

4. Free Import of Refined Palm Oils: The government also extended the provision of free import of Refined Palm Oils until further orders. This measure was put in place to maintain a steady supply and counterbalance market fluctuations.

5. Decrease in Retail Prices: Thanks to the collective efforts made by the government, the retail prices of key edible oils have seen substantial declines. Over the past year, Refined Sunflower Oil, Refined Soybean Oil, and RBD Palmolien witnessed reductions of 29.04%, 18.98%, and 25.43%, respectively, benefiting both consumers and farmers.

6. Reduced Import Duty on Refined Oils: In a recent move, the government further reduced the import duty on Refined Sunflower Oil and Refined Soybean Oil from 17.5% to 12.5%. This measure took effect from 15th June 2023, aiming to maintain affordability and accessibility.

These actions were conveyed by Ms. Sadhvi Niranjan Jyoti, the Minister of State for the Ministry of Consumer Affairs, Food, and Public Distribution, in a written reply in the Lok Sabha.

Conclusion

The Government of India is committed to supporting farmers and ensuring that the advantages of the global decline in edible oil prices are transferred to the end consumers. By implementing various measures such as reducing import duties and closely monitoring retail prices, the government aims to stabilize the market and provide relief to all stakeholders involved. So, farmers, rest assured that your government is looking out for you!