Farm sector can grow over 6% in FY25 on good monsoon
The agriculture and allied sectors may register over 6 per cent growth in 2024-25 going by the predictions of a favourable monsoon and the low base of the previous year, NITI Aayog member Ramesh Chand told businessline. “This year (2024-25) will be highly favourable for agriculture, mainly due to two factors. One, the monsoon rainfall […]
Shah asks NABARD to fix targets for financing rural farm sector
Addressing the 42nd Foundation Day of NABARD in New Delhi, Mr Shah said, a country that has more than 65 percent rural population cannot be imagined without an institution like NABARD. The Cooperation Minister said, for the last four decades, NABARD has proved to be the backbone of this country’s rural economy, infrastructure, agriculture, and […]
Government banks on larger agri credit pie in times of farm unrest
The budget sets the agricultural credit target at `16.5 lakh crore, up from `15 lakh crore in FY21 Finance minister Nirmala Sitharaman said, “We will focus on ensuring increased credit flows to animal husbandry, dairy, and fisheries”. Budget FY22 sets the agricultural credit target at `16.5 lakh crore, up from `15 lakh crore in […]
