According to the IEG study, given the high cost of a comprehensive PM Aasha, “a carefully designed price deficiency payment system with partial procurement and dovetailing with e-NAM” is the way forward.
Despite the recent adversities that hit some debt fund schemes hard, benefits like high liquidity, safety and tax benefits on long-term capital gains still make it an attractive choice over other fixed income options.
Area under all crops was 82.20 lakh hectares as of June 14, down from 90.34 lakh hectares in the year-ago period. Rice area trails at 4.26 lakh hectare against 5.47 lakh hectare last year while pulses acreage is down at 1.04 lakh hectare from 2.11 lakh hectare.
Lower production of soybeans could force India to raise imports of edible oils such as palm oil and soy oil, while a drop in cotton output could limit the world’s biggest fibre producer’s exports. Lower rice output could hit shipments from the world’s biggest exporter.