Media Monitor
Agriculture Industry
25% of onion buffer stocks may have been damaged, says govt officialedit
The Centre has said its decision to increase the procurement of onions for the buffer stock and simultaneous sales at subsidised rates has helped contain the all-India average price below ₹60/kg. Otherwise, it could have touched ₹100/kg this year due to a production shortfall. The statement comes amidst farmers’ protest in Maharashtra against export ban of onion.
Agriculture credit target of Rs 20 lakh crore has been set for 2023-24 fiscal: Govt in LSedit
The Government has set an agriculture credit target of 20 lakh crore rupees for the 2023-24 fiscal. Replying to supplementary in Lok Sabha Finance Minister of State Dr Bhagwat Kishanrao Karad said that so far, 70 percent of the sanctioned credit has been distributed to farmers.