Topics Covered: Issues related to direct and indirect farm subsidies and minimum support prices; Public Distribution System objectives, functioning, limitations, revamping; issues of buffer stocks and food security; Technology missions; economics of animal-rearing.
Rajiv Gandhi Nyay Yojana
What to study?
For Prelims: Key features of the scheme.
For Mains: Significance of the scheme.
Context: Rajiv Gandhi Nyay Yojana will be launched by Chhattisgarh government to ensure “minimum income availability” to farmers of the state through direct bank transfer.
The scheme will formally be launched in the state on May 21, the death anniversary of former prime minister Rajiv Gandhi.
Benefits under the scheme:
- Based on registered area and area under cultivation during Kharif crop season 2019, Rs 10,000 per acre will be deposited in the bank accounts of farmers as agriculture assistance grant for sowing crops such as paddy, maize and sugarcane.
- At least 19 lakh farmers will benefit from the scheme, for which the state government had allocated Rs 5,756 crore in the budget 2020-21.
- Similarly, for sugarcane crop, payment of FRP amount of Rs 261 per quintal and incentive and input support, amounting to Rs 93.75 per quintal, i.e. maximum Rs 355 per quintal, will be made depending on the quantity of sugarcane purchased by the cooperative mill in the crushing year 2019-20.
- Under this, 34,637 farmers of the state will get Rs 73 crore 55 lakh in four instalments and the first instalment of this amount, Rs 18,43 crore will be transferred on May 21.
- The government is also going to provide incentive money (outstanding bonus) at the rate of Rs 50 per quintal based on the quantity of sugarcane purchased through cooperative sugar factories in the year 2018-19.
Sources: the Hindu.