• Different Types of Agricultural Subsidies Given to Farmers in India

    Government gives different types of subsidies to farmers like, fertilizer, irrigation, equipment, credit subsidy, seed subsidy, export subsidy etc. Current subsidy bill of the government stands at 2.57 lac cr. in 2015-16 which was 2.58 lac cr. in 2014-15.

    Oct 20, 2015
  • Agricultural Price Policy in India: Objectives, Advantages and Disadvantages

    The government has formulated a price policy for agricultural produce that aims at securing remunerative prices to farmers to encourage them to invest more in agricultural production. The government announces minimum support prices for major agricultural products every year on the recommendations of the Commission for Agricultural Costs and Prices (CACP).

    Oct 20, 2015
  • Agricultural Finance: An Overview

    Rising flow of credit to agriculture is normally associated with buoyancy in the farming sector. In a bonanza for farmers, the government on March 2015 raised agriculture credit target from Rs 50,000 crore to Rs 8.5 lakh crore for 2015-16 fiscal and also announced financial support to enhance irrigation and soil health to achieve higher agriculture productivity.

    Oct 20, 2015