APN News

  • Tuesday, October, 2020| Today's Market | Current Time: 04:43:50
  • Agriculture Minister congratulates farmers, state govts for record food grain production of 296.65 million tonnes in 2019-20

    Published on September 21, 2020

    Agriculture Minister Narendra Singh Tomar has congratulated farmers and state governments for record food grain production of 296.65 million tonnes in 2019-20 under unfavourable conditions imposed by Covid-19. The pulses production is expected to be at 23.15 and and oilseed 33.42 million tonnes. Production of cotton is estimated at 354.91 lakh bales with which India is set to rise to the first position in the world. Kharif sowing during this year up to 11th September-09-2020 has been 1113 lakh hectares which is 46 lakh hectares more than normal sowing area.
    Addressing the National Conference for Rabi Campaign 2020 which was held today to review the progress of Kharif 2020-21 and plan for the Rabi season, Mr Tomar said that Government is taking several steps to strengthen agriculture infrastructure and improve economic condition of the farmers.
    Recently, Agricultural Infrastructure Fund, AIF scheme worth Rs. one lakh crore for four years has been launched for creating facilities for cold storage, warehouse, packaging, ripening and waxing plants by agri-entrepreneurs, farmers’ association and local government agencies. He said, tentative allocation to the states have been made on the basis of total value of output of the state from agriculture and allied sectors.
    A 3 per cent interest subvention will be given on bank interest, making loan with effective interest rate in the range of 5.0 to 5.5 per cent. Formation of 10,000 Farmers Producer Organisations, FPOs is another such step to organize farmers in aggregation and marketing for higher returns.
    The Agriculture Minister said, to improve agriculture sector, two bills relating to freedom of marketing to farmers have been passed in Parliament.  Mr Tomar said, farmers will get freedom to sell their produce at different places. He said, Government will continue the procurement at Minimum Support Price, MSP through existing network. He added that these measures will attract large private investment leading to rapid development in agriculture and strengthening of rural economy.
    Shri Tomar said that a dedicated Micro Irrigation Fund, MIF of Rs. 5 thousand crore has been created with National Bank for Agriculture and Rural Development, NABARD for expanding coverage of micro irrigation. During the last five years, an area of 47.92 lakh hectare has been covered under micro irrigation in the country which includes 11.72 lakh hectare for the year 2019-20.