The Indian government has established policies to support the prices of 22 agricultural crops through the Food Corporation of India and state agencies. These policies, including Minimum Support Prices (MSP) and Fair and Remunerative Price (FRP) are decided by the Commission for Agricultural Costs and Prices and aim to increase farmers’ incomes through programs, schemes and reforms such as PM-KISAN, PMFBY, PMKSY and the use of drone technology in agriculture.
The Indian government has set up policies to help farmers get better prices for the crops they grow. These policies are called the Minimum Support Prices (MSP) and the Fair and Remunerative Price (FRP). The government decides the prices for 22 crops, taking into account the views of different government agencies and other important factors. To make sure that farmers get the support they need, the government buys their crops at the MSP through the Food Corporation of India and other state agencies. Additionally, the government has implemented various programs and reforms to increase farmers’ incomes, such as giving supplementary income transfers, providing crop insurance, improving access to irrigation, and promoting the use of drone technology in agriculture.
Farmers in India are the primary beneficiaries of these policies established by the government. They receive support for the prices of their crops through the government’s procurement programs. This MSP, set by the government for 22 crops, helps the farmers to receive a fair price for their produce. The government’s focus on supporting farmers through the policies provides stability and security to the agricultural sector, helping farmers to make a sustainable living from their crops.
The Indian government is taking significant steps to support the country’s agricultural sector and its farmers. From setting minimum support prices for crops and fair and remunerative prices for sugarcane to implementing income-enhancing programs like PM-KISAN, crop insurance, and access to irrigation, farmers are being given the resources they need to thrive. The government’s efforts are aimed at improving farmer’s livelihood and ensuring they have stability and security in their work. Additionally, with programs like the Agri Infrastructure Fund, farmers have access to resources that can help improve their operations and production. By supporting farmers and the agricultural industry, the government is helping to secure a sustainable future for this important sector. These efforts give farmers the confidence they need to grow their crops, knowing they will be able to sell them at fair prices and helps to ensure the long-term viability of the agricultural industry.
Note: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial or legal advice. Pesticides are a considerable risk of loss in crops and viewers are advised to do their own research before making any decisions.
Ginger (Zingiber officinalis) one of the oldest known spices, is esteemed for its aroma and pungency. It originated in South –…
Soybean also known as Golden Bean or Miracle Crop due to their high protein and oil content. Soybean is a…
Ensuring food security for our nation is a top priority, and it all starts with proper storage of food grains.…
Strengthening women's empowerment and leadership in agri-food systems is now recognized as a vital imperative to enhance agricultural productivity, bolster…
The Per Drop More Crop (PDMC) scheme, launched in the fiscal year 2015-16, falls under the purview of the Ministry…
The Cabinet Committee on Economic Affairs, under the leadership of Prime Minister Shri Narendra Modi, has taken a significant step…