Modi Government Implements Farmer-Friendly Policies To Boost Agricultural Sector

The Modi government has introduced several welfare schemes aimed at benefiting farmers, as highlighted by Union Agriculture Minister Shivraj Singh Chauhan. In a series of social media posts on X, Chauhan outlined key decisions made by the government to support the agricultural community and expressed gratitude towards Prime Minister Narendra Modi, who subsequently shared these updates on Instagram.

PM Modi emphasized the government’s commitment to improving the lives of farmers, stating that recent policy changes—including reducing export duties on onions and increasing import duties on edible oils—are designed to enhance farmer incomes and create more rural employment opportunities. Modi assured that these measures would provide substantial benefits to farmers and boost food security.

Also Read: BMC Suspends Associate Professor At Nair Hospital Over Sexual Harassment Allegations

Shivraj Singh Chauhan’s posts detailed two significant decisions. First, the government has increased the import duty on edible oil from 0% to 20%, with an effective total charge of 27.5%. This hike is expected to raise soybean crop prices and incentivize domestic oil manufacturers to source crops from local farmers, ensuring fair prices for their produce. Additionally, this move is anticipated to bolster the production of soy cake and its exports, benefiting related sectors.

In another key decision, the government has removed the minimum export duty on Basmati rice. This policy change aims to secure better prices for Basmati-producing farmers by increasing demand and boosting exports.

Overall, these steps reflect the Modi government’s ongoing efforts to prioritize agricultural welfare and support the farming community.