• About us
  • Contact us
  • Our team
  • Terms of Service
Monday, August 3, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

PM Modi discusses reforms in agriculture sector

Press Trust of india by Press Trust of india
May 3, 2020
in BUSINESS
A A
0
Coronavirus: PM to interact with chief ministers on Saturday
FacebookTwitterWhatsapp

New Delhi: Amid the coronavirus-induced lockdown, Prime Minister Narendra Modi on Saturday deliberated on ways to reform the agriculture sector with emphasis on agriculture marketing, access of farmers to institutional credit and freeing the sector of various restrictions with appropriate backing of laws.

The government has maintained that the country’s farm sector is functioning smoothly despite the COVID-19 lockdown and there will not be much impact on its growth in the current fiscal, unlike other sectors.

More News

India approves just 1 Chinese FDI proposal worth Rs 1 cr, 13 Hong Kong proposals worth Rs 610.42 cr

Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gas

PM Modi inaugurates Bhogapuram Airport, says Andhra poised to become manufacturing hub

Load More

The pros and cons of bio-technological developments in crops or enhancement of productivity and reduction in input costs was also deliberated, an official statement said.

The meeting also focused on making strategic interventions in the existing marketing eco-system and bringing appropriate reforms in the context of rapid agricultural development.

Concessional credit flow to strengthen agriculture infrastructure, special Kisan Credit Card saturation drive for PM-Kisan beneficiaries and facilitating inter and intra-state trade of agriculture produce to ensure fairest return to farmers were some of the other important areas covered, the statement said.

Developing eNAM or the National Agriculture Market into a “platform of platforms” to enable e-commerce was one of the important topics of discussion on Saturday.

Discussions also emanated on the possibilities of a uniform statutory framework in the country to facilitate new ways for farming which will infuse capital and technology in the agrarian economy.

The challenges of the Model Agricultural Land Leasing Act, 2016 and how to protect the interest of small and marginal farmers was discussed in detail in the meeting attended by Union Home Minister Amit Shah, Union Agriculture Minister Narendra Singh Tomar and Union Finance Minister Nirmala Sitharaman.

Ways to make the Essential Commodities Act compatible with present times so that large-scale private investment in post-production agriculture infrastructure is incentivised, and how it has a positive effect on commodity derivative markets, was also discussed.

Developing ‘Brand India’, creation of commodity specific boards/councils and promotion of agri-clusters or contract farming are some of the interventions that were deliberated to boost agriculture commodity export.

The use of technology in the agriculture sector is of paramount importance as it has the potential to unlock the entire value chain for the benefit of farmers.

PM Modi emphasised on the dissemination of technology till the last mile and making farmers more competitive in the global value chain.

It was decided to further strengthen the role of Farmers Producer Organisations (FPOs) to bring vibrancy in the agrarian economy, transparency in agriculture trade and enable maximum benefits to the farmers.

Overall emphasis was on revisiting the existing laws governing the market for better price realisation and freedom of choice to the farmers, the statement said.

Taking to Twitter, the prime minister said the meeting reviewed aspects relating to agriculture reform.

“Our priority areas are reforms in agriculture marketing, management of marketable surplus, access of farmers to institutional credit and freeing agriculture sector of various restrictions,” he said.

The growth of agriculture and allied sectors stood at 3.7 per cent during the 2019-20 fiscal.

Agriculture accounts for 15 per cent of India’s gross domestic product and is the source of livelihood for more than half of the country’s 1.3 billion population.

Previous Post

Amid attack from Trump, WHO praises China for handling coronavirus pandemic

Next Post

Residential house gutted in Delina Baramulla

Press Trust of india

Press Trust of india

Related Posts

India approves just 1 Chinese FDI proposal worth Rs 1 cr, 13 Hong Kong proposals worth Rs 610.42 cr

India top recipient of Commonwealth FDI: Report
August 2, 2026

  New Delhi:  India approved just one Chinese FDI proposal worth Rs 1 crore, while clearing 13 applications from Hong Kong...

Read moreDetails

Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gas

Petrol price hit highest level under BJP govt, diesel at record high
August 2, 2026

New Delhi: Petrol and diesel sales by India's three state-run fuel retailers rose sharply in July as below-normal monsoon rainfall...

Read moreDetails

PM Modi inaugurates Bhogapuram Airport, says Andhra poised to become manufacturing hub

Nation responds to PM’s call for fuel conservation
August 1, 2026

Visakhapatnam: Highlighting the development potential of Andhra Pradesh, Prime Minister Narendra Modi on Saturday said global companies are exploring opportunities...

Read moreDetails

Commercial LPG prices cut by Rs 192, ATF rates up Rs 5/litre

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
August 1, 2026

New Delhi: The prices of commercial LPG -- used in establishments such as hotels and restaurants -- were on Saturday...

Read moreDetails

Gross GST mop-up grows 15.4% to over Rs 2.11 lakh cr in July on higher imports, sales

August 1, 2026

New Delhi: Gross GST collections grew 15.4 per cent to over Rs 2.11 lakh crore in July on higher mop-up...

Read moreDetails

Cabinet approves extension of PM-KISAN scheme till FY’31 with outlay of Rs 3.15 lakh crore

Cabinet nod to expand infra, academic capacity of five IITs
August 1, 2026

New Delhi: The government on Friday extended the PM-KISAN scheme for the next five years till 2030-31 with a total...

Read moreDetails
Next Post
Residential house gutted in Delina Baramulla

Residential house gutted in Delina Baramulla

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.