• About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST
TFI Official Merchandise
हिन्दी
Saturday, February 27, 2021
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    BJP’s surgical strike on the TMC is bearing fruits as Mamata struggles to find right candidates for the election

    BJP’s surgical strike on the TMC is bearing fruits as Mamata struggles to find right candidates for the election

    ‘Pangong Tso is not enough,’ India makes it clear to China that it needs to disengage further

    ‘Pangong Tso is not enough,’ India makes it clear to China that it needs to disengage further

    OTT, Tandav, Allahabad High court

    After PM Modi’s surgical strike on OTT platforms, Allahabad High Court says, ‘Filmmakers intentionally hurt Hindu sentiments’

    Congress, Ghulam Nabi Azad

    If Congress loses Bengal, Kerala, Tamil Nadu and Puducherry – seven Congress stalwarts will probably form a new party

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Modi Government, MSMEs

    MSMEs won’t have to deal with middlemen and the excruciating delays in getting their payment from the government

    housing projects stalled

    Many stalled projects completed under SWAMIH scheme; affordable and luxurious living for all

    need

    Everything You Need to Know About a Travel Insurance Premium Calculator

    A win-win for both government and people: Opening government bonds for retail investors is a masterstroke

    A win-win for both government and people: Opening government bonds for retail investors is a masterstroke

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    india indian army ladakh drones

    Amid standoff with China, India puts the Ladakh region under drone surveillance. More Made-In-India drones to follow

    drdo

    For 6 decades DRDO was not up to the mark. Today it is making one missile after another. What really changed

    ghatak drone

    GHATAK- How India’s stealth combat drone programme promises to make it a military superpower

    Turkey, US, Russia

    Turkey may be sanctioned by US for using F-16s as target practice for Russian S-400s

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    imran khan sri lanka

    The fear of PM Modi makes Sri Lanka stop Imran Khan from addressing their parliament

    imran khan tear gas

    Pakistan launches thousands of tear gas shells on its own population to verify the usability of the shells

    pakistan army chinese vaccines china

    Chinese PLA gifted vaccines to Pakistan Army with a large heart. Pakistan Army dumped it

    pakistan supreme court hindu temples

    ‘Hindu temples in the country neglected,’ Commission appointed by Pakistan’s Supreme Court says

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    sister nivedita

    Sister Nivedita – The friend of all

    Tanishq

    A stupid Ad and a dumb explanation: What Tanishq lost in last 48 hours?

    Coco island, islands, Nehru

    Nehru’s massive strategic blunder – How Nehru gave Coco Islands to Burma that China later grabbed

    Turkey, Hagia Sophia

    Hagia Sophia is not the only one: Turkey has a shameful history of desecration

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Satire
    • Sports
    • technology
    • Travel
    Employees

    Biometric Attendance System Can Push Employees towards Productivity

    coronavirus

    Wondering If You Need Masks in 2021? Read This

    whatsapp signal brian acton

    He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

    fan

    Here’s Why Finding the Right Ceiling Fan is Important

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    BJP’s surgical strike on the TMC is bearing fruits as Mamata struggles to find right candidates for the election

    BJP’s surgical strike on the TMC is bearing fruits as Mamata struggles to find right candidates for the election

    ‘Pangong Tso is not enough,’ India makes it clear to China that it needs to disengage further

    ‘Pangong Tso is not enough,’ India makes it clear to China that it needs to disengage further

    OTT, Tandav, Allahabad High court

    After PM Modi’s surgical strike on OTT platforms, Allahabad High Court says, ‘Filmmakers intentionally hurt Hindu sentiments’

    Congress, Ghulam Nabi Azad

    If Congress loses Bengal, Kerala, Tamil Nadu and Puducherry – seven Congress stalwarts will probably form a new party

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Modi Government, MSMEs

    MSMEs won’t have to deal with middlemen and the excruciating delays in getting their payment from the government

    housing projects stalled

    Many stalled projects completed under SWAMIH scheme; affordable and luxurious living for all

    need

    Everything You Need to Know About a Travel Insurance Premium Calculator

    A win-win for both government and people: Opening government bonds for retail investors is a masterstroke

    A win-win for both government and people: Opening government bonds for retail investors is a masterstroke

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    india indian army ladakh drones

    Amid standoff with China, India puts the Ladakh region under drone surveillance. More Made-In-India drones to follow

    drdo

    For 6 decades DRDO was not up to the mark. Today it is making one missile after another. What really changed

    ghatak drone

    GHATAK- How India’s stealth combat drone programme promises to make it a military superpower

    Turkey, US, Russia

    Turkey may be sanctioned by US for using F-16s as target practice for Russian S-400s

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    imran khan sri lanka

    The fear of PM Modi makes Sri Lanka stop Imran Khan from addressing their parliament

    imran khan tear gas

    Pakistan launches thousands of tear gas shells on its own population to verify the usability of the shells

    pakistan army chinese vaccines china

    Chinese PLA gifted vaccines to Pakistan Army with a large heart. Pakistan Army dumped it

    pakistan supreme court hindu temples

    ‘Hindu temples in the country neglected,’ Commission appointed by Pakistan’s Supreme Court says

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    sister nivedita

    Sister Nivedita – The friend of all

    Tanishq

    A stupid Ad and a dumb explanation: What Tanishq lost in last 48 hours?

    Coco island, islands, Nehru

    Nehru’s massive strategic blunder – How Nehru gave Coco Islands to Burma that China later grabbed

    Turkey, Hagia Sophia

    Hagia Sophia is not the only one: Turkey has a shameful history of desecration

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Satire
    • Sports
    • technology
    • Travel
    Employees

    Biometric Attendance System Can Push Employees towards Productivity

    coronavirus

    Wondering If You Need Masks in 2021? Read This

    whatsapp signal brian acton

    He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

    fan

    Here’s Why Finding the Right Ceiling Fan is Important

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
No Result
View All Result
TFIPOST
No Result
View All Result
  Newswire
Blood tests offer early indicator of severe Covid: Study 25 mins ago
New tools assess in-hospital death risk of Covid patients 40 mins ago
Maruti Suzuki exports 20L vehicles since 1986-87 40 mins ago
Australia: Cabinet Minister accused of rape 46 mins ago
Myanmar envoy to UN defies military regime, denounces coup 46 mins ago
Weekend fixtures give Manchester City chance to extend lead 46 mins ago
Next
Prev

‘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
5.1k
SHARES
1.3k
VIEWS
Sharre via FacebookShare via 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
Share5148TweetSend
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
  • 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
BJP’s surgical strike on the TMC is bearing fruits as Mamata struggles to find right candidates for the election

BJP’s surgical strike on the TMC is bearing fruits as Mamata struggles to find right candidates for the election

27 February 2021
‘Pangong Tso is not enough,’ India makes it clear to China that it needs to disengage further

‘Pangong Tso is not enough,’ India makes it clear to China that it needs to disengage further

27 February 2021
OTT, Tandav, Allahabad High court

After PM Modi’s surgical strike on OTT platforms, Allahabad High Court says, ‘Filmmakers intentionally hurt Hindu sentiments’

26 February 2021
Congress, Ghulam Nabi Azad

If Congress loses Bengal, Kerala, Tamil Nadu and Puducherry – seven Congress stalwarts will probably form a new party

26 February 2021

Popular This Week

footwear, India
Trending

Forget UK, European and American shoe sizes, 70 years after Independence, India is finally getting its own shoe size

by TFIPOST News Desk
21 February 2021
narayana murthy
Trending

Infosys founder and chairman Narayana Murthy in big mess as CAIT pushes for investigation against him for colluding with Amazon

by TFIPOST News Desk
20 February 2021
Kerala, PFI, Moplah Massacre
Trending

In Communist Kerala, rabid Islamists re-enact Moplah massacre in order to scare Hindus into submission

by Sanbeer Singh Ranhotra
20 February 2021
The Wire, Kapil Mishra, BBC
Trending

Kapil Mishra decides to do an interview with The Wire. Yes, The Wire. And completely destroys them

by Sanbeer Singh Ranhotra
25 February 2021
Yogendra Yadav showed up on BBC to cry about farm laws, got ripped apart by the anchor instead
Trending

Yogendra Yadav showed up on BBC to cry about farm laws, got ripped apart by the anchor instead

by Sanbeer Singh Ranhotra
23 February 2021

©2021 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
  • Newswire
TFI Official Merchandise
हिन्दी
  • About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST

©2021 TFI Media Private Limited