Agriculture Current Affairs - 2019

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Assam’s Dikom Tea Estate brand fetches ‘record’ Rs.75,000/kg

A rare variety of tea named ‘Golden Butterfly’ from Upper Assam’s Dikom Tea Estate set a new record on as it was auctioned for Rs.75,000 per kg at Guwahati Tea Auction Centre (GTAC). It broke the record for highest price fetched by a tea at a public auction for 3rd time in a fortnight. Key Read More…

Month:  Categories: Business, Economy & Banking

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All about PM Kisan Maan Dhan Yojana

Union Ministry of Agriculture & Farmers Welfare has rolled out registration for the PM Kisan Maan Dhan Yojana to provide old age pension cover to farmers. It is new Central Sector Scheme envisioned with an aim to improve life of small and marginal farmers of the country. It is first of its kind pension coverage Read More…

Month:  Categories: Government Schemes & Projects

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CCEA approves Nutrient Based Subsidy rates for P&K fertilizers

Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister has approved proposal for fixation of Nutrient Based Subsidy Rates for Phosphatic and Potassic (P&K) Fertilizers for the year 2019-20. This proposal was forwarded by Department of Fertilizers. Nutrient Based Subsidy Rates 2019-20 Benefits: This will enable manufacturers and importers to formalize supply contracts for Read More…

Month:  Categories: Government Schemes & Projects

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Govt approves creation of buffer stock for 40 lakh MT of sugar for 1 yr

Cabinet Committee on Economic Affairs (CCEA) has approved creation of a buffer stock of 40 lakh metric tonnes (LMT) of sugar. This buffer stock would be created for one year starting from 1 August 2019 to 31 July 2020. The decision of approving a buffer stock is to maintain demand-supply balance and to stabilise sugar Read More…

Month:  Categories: Business, Economy & Banking

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CCEA keeps Fair and Remunerative Price of sugarcane at Rs275/quintal

Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the proposal for Determination of Fair and Remunerative Price (FRP) of sugarcane payable by sugar mills for 2019-20 sugar season. Key Highlights CCEA kept FRP at Rs 275 per quintal the same as last year (2018-19) for sugarcane sold to mills Read More…

Month:  Categories: Business, Economy & Banking

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Bulletin: Cabinet approved new initiative to control FMD and Brucellosis

Union Cabinet has approved new initiative (scheme) to control Foot and Mouth Disease (FMD) and Brucellosis to support the livestock rearing farmers and improve the health of animals. Key Features of Scheme Objective: This initiative aims to fully control these diseases amongst livestock in the country in next five years and subsequently eradicate these diseases. Read More…

Month:  Categories: Government Schemes & ProjectsUPSC

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Centre increases Wheat Import Duty by 40%

With wheat production at record high, government has raised import duty on wheat from existing 30% to 40% to support local farmers interest. The higher duty will help offtake of domestically produced grain by discouraging milers to import wheat but to buy local produce and help protect farm prices. The oversupply in domestic market due Read More…

Month:  Categories: Business, Economy & Banking

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