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13Jul 2024

NABARD UNVEILS ₹750-CRORE FUND FOR AGRI INNOVATION

Why in the news? NABARD announced an Agri-SURE fund for start-ups and rural enterprises. Initial corpus: ₹750 crore, managed by Nabventures, NABARD’s subsidiary. source:fertilizerindia About “Agri-SURE” : The “Agri-SURE” fund by NABARD promotes sustainable agriculture growth. Managed by NABVENTURES, NABARD’s subsidiary. Supports innovative agricultural solutions for immediate and long-term growth. About  National Bank for Agriculture …

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20Jun 2024

CABINET CLEARS MSP HIKE FOR 14 KHARIF CROPS

Why in News ? Union Cabinet approved raising the minimum support price (MSP) for paddy by 5.35% to ₹2,300 per quintal for the 2024-25 kharif marketing season. Source- IE About the News: The decision aligns with the government’s policy of setting MSPs at least 1.5 times above the cost of production. Election Context:The decision comes …

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