Cabinet to discuss Rs25,000 cr package for farm sector soon

Cabinet to discuss Rs25,000 cr package for farm sector soon
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First Published: Wed, Aug 08 2007. 03 39 PM IST
Updated: Wed, Aug 08 2007. 03 39 PM IST
PTI
New Delhi: Aiming to give a concrete shape to new initiatives in farm sector, the Cabinet will soon take up key issues such as central assistance to states, food security mission and suggestions of National Commission on Farmers.
The Planning Commission and Agriculture Ministry had been asked to finalize by July, the details of the programme for which a central assistance of Rs25,000 crore has been committed over the next four years.
“The issues like central assistance to states, food security mission and recommendations of National Commission on Farmers would come before Cabinet within next one month,” a senior official in Agriculture Ministry told PTI.
Sources in the Ministry said on priority, the Cabinet is likely to take up central assistance to states first.
This follows Prime Minister Manmohan Singh’s announcement at National Development Council meeting in May this year to formulate a Rs25,000-crore plan to rejuvenate farm sector.
“The central government will commit Rs25,000 crore in the next four years as its share of funding for this major new programme,” Singh had said, adding this would ensure a rise in public investment in agriculture, both from states and Centre.
The Food Security Mission is expected to be launched in next few months in a bid to arrest the stagnation in the production of wheat, rice and pulses, he had said.
The official also said the Cabinet would also deliberate on the recommendations of National Commission on Farmers.
The Commission, headed by eminent farm scientist M S Swaminathan, in its final report had suggested a national policy on farmers instead of an agriculture policy. It also favoured procuring food grains from farmers at market rates rather than at minimum support prices.
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First Published: Wed, Aug 08 2007. 03 39 PM IST