Subject: Economy (agri) Context: PM says that minimum support price (MSP) and government procurement are important part of food security in India. Concept: Fixation of MSP The MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP). Factors taken into consideration for fixing MSP include: Demand and supply; Cost of production (A2 […]
Subject: Agriculture Context: IARI has developed ‘decomposer’ capsules, which when mixed in a water solution and sprayed on land, gets to work on paddy stubble, softening and decomposing it to the extent it can mix with soil and act as compost Concept: Paddy stubble-burning season is here, and satellite remote sensing data from the Indian […]
Subject: Economy(agri) Context: Union Finance Minister Nirmala Sitharaman has reiterated that the minimum support price (MSP) for crops will continue and will not be withdrawn. Concept: Fixation of MSP The MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP). Factors taken into consideration for fixing MSP include: Demand and supply; […]
Subject: Agriculture Context: Information provided by minister in Rajya Sabha Concept: Assistance is provided under different schemes by the Government for promoting organic farming in the country – ParamparagatKrishiVikasYojana (PKVY): The scheme promotes cluster based organic farming with PGS certification. Cluster formation, training, certification and marketing are supported under the scheme. Assistance of Rs.50,000 per […]
Subject: Agriculture Context: The bill was introduced in Loksabha Concept: It seeks to provide for a national framework on farming agreements that protects and empowers farmers to engage with agri-business firms, processors, wholesalers, exporters or large retailers for farm services and sale of future farming produce at a mutually agreed remunerative price framework in a […]
Subject: Agriculture Context: The Bill is introduced in Loksabha to replace the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020 Concept: It seeks to provide for the creation of an ecosystem where the farmers and traders enjoy the freedom of choice relating to sale and purchase of farmers’ produce It facilitates remunerative prices through […]
Subject: Agriculture Context: Crop rotation and diversity should be promoted to mitigate the environmental effects of growing just rice and wheat Concept: Mono cropping Mono-crop farming is the practice of growing large amounts of one crop on the land. This practice was recognized as a very economical way to provide farmers with a way to […]