Union Minister for Agriculture & Farmers’ Welfare and Rural Development Shivraj Singh Chouhan hold a press conference in Bhopal regarding the release of the 18th installment of Pradhan Mantri Kisan Samman Nidhi by Prime Minister Narendra Modi and two important decisions taken yesterday by the Union Cabinet related to ministry.
Chouhan informed that Prime Minister Modi will release the 18th installment of PM Kisan Nidhi in the accounts of farmers across the country from Washim, Maharashtra tomorrow.
In the last 120 days, the Government, dedicated to the welfare of farmers, has taken many farmer-friendly decisions under the leadership of Prime Minister Narendra Modi and this will continue in the future as well. Our six-point strategy is to increase production, reduce the cost of production, pay fair prices for production, compensate for losses caused by natural disasters, diversification of agriculture, value addition and natural farming. Some big decisions have also been taken recently to ensure that farmers get fair prices.
Union Minister Chouhan said that the decision taken regarding the edible oils imported in the country is having a huge impact on the production and prices of oilseeds. Imported edible oils – soybean, groundnut, mustard, sunflower, sesame had 0% import duty earlier but now it has increased to 27.5%.
Earlier, cheap palm oil was coming to Madhya Pradesh due to which the prices of soybean had also come down considerably, to save the farmers from loss the prices of soybean have increased by an average of Rs 500 per quintal and the trend of increasing prices is also continuing. The government has also decided to buy soybean from farmers at the minimum support price so that the farmers can be given the right price.
States like Madhya Pradesh, Maharashtra, Karnataka etc. will also purchase and parallel to that the Bhavantar Bhugtan Yojana will also continue.
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