|
Farmer Income Protection Scheme (PM AASHA)
The Prime Minister's Farmer Income Protection Scheme (), also known as PM AASHA () is an umbrella scheme of the Government of India announced in September 2018 to ensure a price policies such as a minimum support price are fulfilled. It includes the former Price Support Scheme (PSS), a Price Deficiency Payment Scheme (PDPS) and a Private Procurement & Stockist Scheme (PPPS). See also * Deficiency payments In the United States, deficiency payments are direct government payments made to farmers who participated in annual commodity programs for wheat, feed grains, rice, or cotton, prior to 1996. *The crop-specific deficiency payment rate was based on th ... References {{Premiership of Narendra Modi Agriculture in India Government schemes in India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minimum Support Price (India)
The minimum support price (MSP) is an advisory price signal that is part of a larger set of agricultural policies in parts of India. This informal "support" price (as opposed to procurement or issue price) is recommended by the government and aims to safeguard the farmer to a minimum profit for the harvest while at the same time increasing food security in the country. MSP was initially an incentive for farmers to adopt technology with an aim of increasing the productivity of agricultural land in the 1960s, however in the 2000s it is seen as a market intervention and farmer income scheme. The effectiveness of such a price policy has varied widely between states and commodities. Awareness among farmers of the existence of an MSP is poor at 23%, while awareness of MSP procurement agencies is also poor with only about 20-25% of wheat and paddy produce being sold at MSP. The Indian government sets the price for about two dozen commodities twice a year. MSP is fixed on the recommenda ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deficiency Payments
In the United States, deficiency payments are direct government payments made to farmers who participated in annual commodity programs for wheat, feed grains, rice, or cotton, prior to 1996. *The crop-specific deficiency payment rate was based on the difference between the legislatively set target price and the lower national average market price during a specified time. *The total payment was equal to the payment rate multiplied by a farm's eligible payment acreage and the program payment yield established for the particular farm. In the latter years of the program, farmers could receive up to one-half of their projected deficiency payments at program signup. If actual deficiency payments, which were determined after the crop year, were less than advance deficiency payments, the farmer was required to reimburse the government for the difference, except for zero, 50/85-92 payments. The 1996 farm bill (P.L. 107-171) eliminated deficiency payments and replaced them with production fl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture In India
The history of agriculture in India dates back to the South Asian Stone Age, neolothic. India List of countries by GDP sector composition, ranks second worldwide in farm outputs. As per 2018, agriculture employed more than 50% of the Indian work force and contributed 17–18% to country's GDP. In 2016, agriculture and allied sectors like Animal husbandry in India, animal husbandry, Forestry in India, forestry and Fishing in India, fisheries accounted for 17.5% of the GDP (gross domestic product) with about 41.49% of the workforce in 2020. India ranks first in the world with highest net cropped area followed by US and China. The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India. The total agriculture commodities export was US$3.50 billion in March - June 2020. India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
