Agri, allied sectors contribution to GDP can further rise on strengthened marketing; FPOs are key: Shah
PTI, Jul 14, 2023, 2:15 PM IST
Cooperation Minister Amit Shah on Friday said the contribution of agriculture and allied sectors to the country’s GDP can be further enhanced by strengthening marketing, for which Farmer Producer Organisations (FPOs) are the key.
Addressing a conclave here, the minister said agriculture can become a profitable business if modern technology and marketing methods are adopted. Primary Agricultural Credit Societies (PACS) and Farmer Producer Organisations (FPOs) can help in this endeavour.
Shah said FPOs formed by PACS are more capable to provide benefits to farmers compared to FPOs set up by individuals, companies and partnerships. He also asked existing FPOs to have an agreement with PACS.
Shah noted that agriculture, animal husbandry and fisheries sectors are the backbone of the Indian economy. The growth in these sectors will not only help in increasing GDP but also create job opportunities.
Shah highlighted the initiatives taken by the Narendra Modi government in the last nine years in the agriculture sector to boost farmers’ income.
He said the budget for the agriculture sector in 2023-24 is Rs 1.15 lakh crore against around Rs 22,000 crore in 2013-14. Shah said the MSP has been increased significantly and strengthened procurement operations. Agriculture Minister Narendra Singh Tomar and Minister of State for Cooperation BL Verma also attended the event.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Reservation row: Congress campaign ‘biggest lie’ of the decade, says Kishan Reddy
BJP trying religious polarisation in Nagaon: Congress candidate Pradyut Bordoloi
3 arrested for ATM manipulation in Delhi
Heroin worth Rs 600 crore seized from Pakistani boat off Gujarat coast; 14 held
Congress accuses Modi Government of undermining reservations through privatization
MUST WATCH
Latest Additions
Some countries, institutions want weak govt to make easy profits: PM Modi
People can talk anything they want to, I know my game better: Virat Kohli on his strike rate
Sexual harassment, stalking case registered against ex-minister H D Revanna and his son Prajwal
Reservation row: Congress campaign ‘biggest lie’ of the decade, says Kishan Reddy
BJP trying religious polarisation in Nagaon: Congress candidate Pradyut Bordoloi