Page-5 of Farmers Current Affairs, GK & News
The Reserve Bank of India (RBI) has notified the norms for banks with regards to two per cent interest subvention or subsidy for short-term crop loans during 2018-19 and 2019-20 under the interest subvention scheme approved by the central government. Interest subvention scheme Under the interest subvention scheme, the central government provides short term crop ..
Category: Government Schemes Current Affairs
The Delhi government has decided to introduce the Minimum Support Price (MSP) for farmers based on the recommendations of the National Commission on Farmers (NCF) headed by MS Swaminathan. Swaminathan Committee recommendations on MSP The National Commission on Farmers (NCF) was constituted on November 18, 2004 under the chairmanship of Professor M.S. Swaminathan. The committee made ..
Category: Reports & Indexes Current Affairs
The SBI Ecowrap report recommends the government to opt for the unconditional cash transfer to farmers to alleviate agrarian distress rather than Universal Basic Income (UBI) scheme. Why does the SBI report recommend unconditional cash transfer? The report has recommended the unconditional cash transfer based on the following reasons: Currently, it is not feasible to ..