• About us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI हिन्दी
TFI Global
Friday, August 19, 2022
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

    Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

    Modi Gov blocks 8 Huge YouTube Channels for publishing anti-India content

    Modi Gov blocks 8 Huge YouTube Channels for publishing anti-India content

    BJP parliamentary board list

    Yogi’s name is absent from BJP National Parliamentary Board list. But Hey! So was PM Modi’s

    Nuclear ICE Age

    Could a full nuclear scale between the US and Russia bring back the ICE Age?

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    ICD Tumb

    Acquisition is the new cool for Gautam Adani

    PM Modi’s pledge

    The West is in awe of PM Modi’s pledge to transform India into a developed nation by 2047

    Adani aluminum

    Gautam Adani is now going to give Tata and Birla a tough run for money in aluminum sector

    Musk dumping Tesla shares

    Elon Musk is Done!

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Howitzer Gun

    ATAGS Howitzer Gun: First time in independent India, Tiranga was hoisted amid indigenous guns’ salute

    Rajouri attack: Pak’s new terror group will be a dead-on target for Ajit Doval

    Rajouri attack: Pak’s new terror group will be a dead-on target for Ajit Doval

    Indian Ocean India

    Indian Ocean is finally India’s own

    Indian navy

    Indian Navy will soon be a force to reckon with

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Ukrainian Foreign Minister India

    Ukrainian foreign minister blames India for Zelenskyy’s crimes

     It is my moral duty to get Indians the best Deal: Dr. S Jaishankar

     It is my moral duty to get Indians the best Deal: Dr. S Jaishankar

    It’s time that New Delhi teaches ‘broke’ Sri Lanka a lesson

    It’s time that New Delhi teaches ‘broke’ Sri Lanka a lesson

    Imran Khan: The latest addition to Jaishankar fan club

    Imran Khan: The latest addition to Jaishankar fan club

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    Savarkar poster

    Veer Savarkar vs Tipu Sultan Poster: ​Why is the left lobby so afraid of Savarkar?

    3 incidents that make 14 August a blot on India’s history

    3 incidents that make 14 August a blot on India’s history

    A Hindu mandir in Dubai is setting Islamoleftists’ posteriors on fire

    A Hindu mandir in Dubai is setting Islamoleftists’ posteriors on fire

    death of Vikram Sarabhai

    Vikram Sarabhai- The man who foresaw space commercialisation; died a mysterious death

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

    Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

    Lal chaddha

    Hrithik, Kashyap, Arjun Kapoor: Bollywood loses its head after LSC disaster

    Abhishek Agarwal picture

    As Bollywood is bleeding millions, one Abhishek Agarwal is making a killing

    Laal Singh Chaddha

    LSC makes ‘Mela’ look like a masterpiece ​

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Premium
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

    Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

    Modi Gov blocks 8 Huge YouTube Channels for publishing anti-India content

    Modi Gov blocks 8 Huge YouTube Channels for publishing anti-India content

    BJP parliamentary board list

    Yogi’s name is absent from BJP National Parliamentary Board list. But Hey! So was PM Modi’s

    Nuclear ICE Age

    Could a full nuclear scale between the US and Russia bring back the ICE Age?

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    ICD Tumb

    Acquisition is the new cool for Gautam Adani

    PM Modi’s pledge

    The West is in awe of PM Modi’s pledge to transform India into a developed nation by 2047

    Adani aluminum

    Gautam Adani is now going to give Tata and Birla a tough run for money in aluminum sector

    Musk dumping Tesla shares

    Elon Musk is Done!

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Howitzer Gun

    ATAGS Howitzer Gun: First time in independent India, Tiranga was hoisted amid indigenous guns’ salute

    Rajouri attack: Pak’s new terror group will be a dead-on target for Ajit Doval

    Rajouri attack: Pak’s new terror group will be a dead-on target for Ajit Doval

    Indian Ocean India

    Indian Ocean is finally India’s own

    Indian navy

    Indian Navy will soon be a force to reckon with

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Ukrainian Foreign Minister India

    Ukrainian foreign minister blames India for Zelenskyy’s crimes

     It is my moral duty to get Indians the best Deal: Dr. S Jaishankar

     It is my moral duty to get Indians the best Deal: Dr. S Jaishankar

    It’s time that New Delhi teaches ‘broke’ Sri Lanka a lesson

    It’s time that New Delhi teaches ‘broke’ Sri Lanka a lesson

    Imran Khan: The latest addition to Jaishankar fan club

    Imran Khan: The latest addition to Jaishankar fan club

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    Savarkar poster

    Veer Savarkar vs Tipu Sultan Poster: ​Why is the left lobby so afraid of Savarkar?

    3 incidents that make 14 August a blot on India’s history

    3 incidents that make 14 August a blot on India’s history

    A Hindu mandir in Dubai is setting Islamoleftists’ posteriors on fire

    A Hindu mandir in Dubai is setting Islamoleftists’ posteriors on fire

    death of Vikram Sarabhai

    Vikram Sarabhai- The man who foresaw space commercialisation; died a mysterious death

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

    Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

    Lal chaddha

    Hrithik, Kashyap, Arjun Kapoor: Bollywood loses its head after LSC disaster

    Abhishek Agarwal picture

    As Bollywood is bleeding millions, one Abhishek Agarwal is making a killing

    Laal Singh Chaddha

    LSC makes ‘Mela’ look like a masterpiece ​

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Premium
No Result
View All Result
TFIPOST
No Result
View All Result

‘A step forward for agricultural reforms,’ Modi govt’s farm laws get endorsed by IMF

TFIPOST News Desk
by TFIPOST News Desk
16 January 2021
in Trending
0
Modi, IMF, farmers
1.3k
VIEWS
Share on FacebookShare on Twitter

International Monetary Fund (IMF), the premier international agency, has endorsed the farm laws passed by the Modi government and said that such laws will reduce the role of middlemen, as well as, enhance efficiency. “We believe the farm bills do have the potential to represent a significant step forward for agricultural reforms in India,” Gerry Rice, Director of Communications at the International Monetary Fund (IMF) said.

“The measures will enable farmers to directly contract with sellers, allow farmers to retain a greater share of the surplus by reducing the role of middlemen, enhance efficiency and support rural growth,” IMF’s Director of Communication said.

“However, it is crucial that the social safety net adequately protects those who might be adversely impacted during the transition to this new system,” the IMF spokesperson said responding to a question on the ongoing protests by farmers against the laws in India.

With the help of farm laws, the Modi government is trying to increase the market value of the products. For decades, the focus of agriculture has been towards the grains and sugarcane and the majority of the power, irrigation, chemical, and MSP subsidies went to farmers of these agriculture producers whose producers are politically organised. But as suggested by Agricultural economists like Ashok Gulati, these subsidies have not only harmed soil heath and harmed the groundwater levels, but have also been harmful to small and marginal farmers.

Read More: Indian stock market adds $1.3 trillion in just nine months, thanks to the reforms

Now the government will shift its focus to vegetable production, fisheries, flower production, animal husbandry and other products under the agricultural sector which had been traditionally ignored. The farm laws would connect the farmers directly to the market because the role of the government and middlemen would be reduced. Therefore, every right-thinking individual and organisation like the IMF is supporting the farm laws despite the protests from the players who were the beneficiary of the existing system, that too on the cost of the majority of the farmers.

The agriculture sector was hit hard due to successive drought for two years in the country just after the Modi government came to power. The drought in the fiscal year of 2014-15 hit the farmers badly across the country. There were many incidents of farmers’ suicide due to pressure from banks and Sahukars for loan repayment which they could not repay because agricultural produce was not sufficient.

Read More: Agricultural sector reacts positively to PM Modi’s Agri reforms as a record number of Agro companies register

However, since then, the Modi government has launched many schemes to fulfil the promise to double the farmers’ income by the year 2022. To make farmers financially secure in the case of poor crop growth, the government launched Pradhan Mantri Fasal Bima Yojna (PMFBY). To provide irrigation facilities to farmers across the country, PM Modi launched Pradhan Mantri Krishi Sinchai Yojna (PMKSY) and pumped money into the National Bank for Agriculture and Rural Development (NABARD) to increase credit penetration to farmers.

Last year, the Modi government announced the PM-KISAN scheme, under which the government will directly transfer cash benefits of 6,000 crore rupees per year to the bank accounts of all farmers.

The successive steps of the Modi government to double the farmer’s income by 2022. These positive steps will solve the problems of rural distress and revive rural consumption, which slumped after demonetisation. Thus, unlike many opposing the farm laws, IMF has endorsed them as a positive step towards agricultural reforms.

Tags: Farm lawsIMFModi government
Share471TweetSend
Previous Post

WhatsApp’s honeymoon period in India is officially over

Next Post

Bengaluru leaves behind London and many other European cities to become the leading tech hub

TFIPOST News Desk

TFIPOST News Desk

India’s most loved Right-Wing blog

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

Aamir’s brother retells the story of how Aamir subjected him to torture and abuse

18 August 2022
Modi Gov blocks 8 Huge YouTube Channels for publishing anti-India content

Modi Gov blocks 8 Huge YouTube Channels for publishing anti-India content

18 August 2022
BJP parliamentary board list

Yogi’s name is absent from BJP National Parliamentary Board list. But Hey! So was PM Modi’s

18 August 2022
Nuclear ICE Age

Could a full nuclear scale between the US and Russia bring back the ICE Age?

18 August 2022

Popular This Week

BYJU’s
Analysis

BYJU’s on the road to become the next SAHARA….

by Rahul Gupta
1 July 2022
Ranbir Kapoor proves why Bollywood can never improve when it comes to Hinduphobia
Analysis

Ranbir Kapoor proves why Bollywood can never improve when it comes to Hinduphobia

by Paurush Gupta
13 July 2022
India oil
Geopolitics

MEA’s response to countries crying India-Russia, “stay the hell out of our business”

by Abhishek Kumar Singh
13 August 2022
Lal Singh Chaddha
Cinema

If LSC performs really well in China, probe agencies should investigate the numbers

by Paurush Gupta
13 August 2022
India PhD Scholars Research
Trending

India produces 3rd class PhDs every year on an assembly line. It needs an immediate fix

by Apoorva Shukla
18 February 2022

©2022 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Premium
TFI Official Merchandise
TFI हिन्दी
TFI Global
  • About us
  • Careers
  • Brand Partnerships

©2022 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost