NIL
PM Modi announces relief to farmers in distress
New Delhi, Apr 7 (IBNS): Prime Minister Narendra Modi on Wednesday made two major announcements aimed at providing relief to farmers in distress.
The Prime Minister expressed concern over the problems faced by farmers due to abnormal weather over the past year.
He said that helping the farmer in this time of distress is our responsibility, and therefore, the Government had sent teams of Central Ministers to affected areas, to assess the extent of damage.
He said the Union and State Governments, the banks and insurance companies would all do their utmost to provide relief to the farmers.
Announcing a landmark change in norms for input subsidy, Modi said farmers will now be eligible for input subsidy if 33 percent of their crop has been damaged, as opposed to 50 percent or more, which was the norm till now.
In another major announcement, the Prime Minister said that the input subsidy given to distressed farmers will be enhanced by 50 percent of the existing amounts.
He said this was a major departure from the incremental changes in input subsidy that had been made hitherto.
The announcements were made by the Prime Minister in his address during the launch of the Pradhan Mantri MUDRA Yojana.
Top Headlines
-
News
Canada acknowledges domestic funding of Khalistani terror groups in report
September 06, 2025
-
News
Jaishankar to represent India at virtual BRICS Summit convened by Brazil next week
September 06, 2025
-
News
PM Modi to skip general debate at UNGA special session, Jaishankar to represent India
September 06, 2025
-
News
'India, US have a special relationship, nothing to worry about': Trump softens stance on New Delhi; Modi 'reciprocates sentiments'
September 06, 2025
-
News
'I will always be friends with Modi, he is a great PM': Donald Trump as he tones down on India over tariff
September 06, 2025
-
News
Indias Tax Reforms: A bold counterstrike to US tariffs and a big push for Atmanirbhar Bharat
September 05, 2025
-
News
'Change is imminent, embrace the reality': Education sector stares at transformation in age of AI
August 31, 2025
-
News
Global Collaboration Forum, IIM Calcutta Innovation Park ink MoU to support startups ahead of London summit
August 30, 2025
-
News
India Setu curtain raiser showcases AI, healthcare, and conservation as drivers of global collaboration
August 27, 2025
-
News
Astronaut Shubhanshu Shukla meets PM Modi, gifts tri-colour that travelled to space
August 18, 2025
