1 day ago WHAT IS IT? Launched in February 2019, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) provides ₹6,000 annually to eligible cultivable land-holding farmers in three equal instalments via Direct Benefit Transfer (DBT) into Aadhaar-linked bank accounts. DATA In these five years between 2019 to 2024, the disbursal of more than ₹3.68 lakh crore has taken place. Disbursals are now strictly linked to verified data on the PM-KISAN portal, with States/UTs responsible for ensuring accuracy and recovering funds from ineligible...
June 16 International Grains Council is an inter-governmental organisation that administers the Grains Trade Convention (GTC). Grains Trade Convention is the only international treaty covering trade in grains, rice and oilseeds trade. The International Grains Agreement (IGA) is an international agreement focused on the grain trade which replaced the International Wheat Agreement (1995). IGA comprises of a Grains Trade Convention (GTC) and a Food Aid Convention (FAC). The IGA is administered by the International...
June 16 While agriculture is responsible for approximately 33% of greenhouse gas (GHG) emissions, 80% of tropical deforestation, and 70% of global fresh water extraction, it can be transformed into a key solution for fighting and adapting to climate change. Ambitious and integrated action across sectors is needed to rebuild the food and agriculture economy with climate and nature. Therefore there is an initiative of 100 Million farmers by World Economic Forum (WEF). 100 Million Farmers is a multistakeholder platform catalysing...
June 10 Rashtriya Krishi Vikas Yojana (RKVY) was launched under the Department of Agriculture & Co-operation (DAC), Ministry of Agriculture, Govt of India from 2007-08 with an aim to achieve 4% annual growth in the agriculture sector during the XIth Plan period. The scheme was later rebranded as Remunerative Approaches for Agriculture and Allied sector Rejuvenation (RAFTAAR) to be implemented for three years till 2019-20 with a budget allocation of Rs 15,722 crore. The scheme facilitated...
January 15 Agricultural income is not subject to income tax. The Income-tax Act has, however, specified how such income is to be indirectly taxed. This is called the partial integration of agricultural and non-agricultural income. कृषि आय आयकर के अधीन नहीं है। हालांकि, आयकर अधिनियम ने निर्दिष्ट किया है कि ऐसी आय पर अप्रत्यक्ष रूप से कैसे कर लगाया जाना...
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