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IndiaPosted at: Sep 12 2018 5:25PM


Cabinet approves new scheme for giving remunerative prices to farmers

New Delhi, Sep 12 (UNI) Giving a major boost to the pro-farmer initiatives of the Government and in keeping with its commitment for the Annadata, the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a new Umbrella Scheme “Pradhan Mantri Annadata Aay SanraksHan Abhiyan’ (PM-AASHA).
Briefing mediapersons after the Cabinet meeting, Union Minister of Agriculture and Farmers' Welfare Radha Mohan Singh said the Scheme is aimed at ensuring remunerative prices to the farmers for their produce as announced in the Union Budget for 2018.
''This is an unprecedented step taken by Government to protect the farmers’ income which is expected to go a long way towards the welfare of farmers. Government has already increased the MSP of kharif crops by following the principle of 1.5 times the cost of production. It is expected that the increase in MSP will be translated to farmer’s income by way of robust procurement mechanism in coordination with the State Governments,'' Mr Singh said.
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