Category: Agriculture
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New Horticulture Agribusiness Initiative Launched
The Agriculture department is initiating a pilot project under the NAWO-DHAN scheme. This project aims to enhance horticulture agribusiness. It targets land owners and cultivators who have shown interest. An expression of interest (EoI) was released in October. So far, 22 land owners and 149 cultivators have responded. The response includes offers for 1,600 acres…
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Indian Farmers Faced $120 Billion Implicit Tax Due
In 2023 farmers encountered important financial challenges due to government policies. The Organisation for Economic Co-operation and Development (OECD) reported an implicit taxation of $120 billion on Indian agriculture. This figure is the highest among 54 countries surveyed. The Government of India imposed various export restrictions on key commodities to stabilize consumer prices. While these…