Gujarat to give 50% subsidy to farmers on Nano Urea and Nano DAP
By switching to Nano Urea and Nano DAP, farmers can mitigate these adverse impacts and promote healthier farming practices.
To promote sustainable agricultural practices, the Gujarat government has announced a special scheme offering a 50 per cent subsidy on Nano Urea and Nano DAP.
This initiative aims to encourage the use of these innovative fertilizers among farmers, which are believed to be more environmentally friendly and beneficial for soil health.
Speaking at the 'Sahkar Se Samriddhi' programme on the occasion of the 102nd International Cooperative Day on Saturday, the Union Home Minister, Amit Shah, highlighted the benefits of this scheme during the event.
He emphasized that traditional use of both liquid and solid urea has detrimental effects on soil quality and human health. By switching to Nano Urea and Nano DAP, farmers can mitigate these adverse impacts and promote healthier farming practices.
The minister also pointed out that two brands, Bharat Organic and Amul, are at the forefront of this initiative, offering 100 per cent organic products. Utilising global technology, these brands aim to revolutionise organic farming in India.
Amit Shah remarked on the historical significance of the cooperative movement, noting its long-standing presence and importance in the rural economy. Despite past challenges, the movement has seen a revival, especially with Prime Minister Narendra Modi's establishment of a dedicated ministry to underscore the importance of cooperation.
In his address, Shah discussed the success of two key points: ethanol production and maize farming. The government has streamlined the maize purchase process by implementing online transactions at THSH and MSP, ensuring fair prices for farmers. This initiative not only benefits farmers but also boosts ethanol production, reducing the country's reliance on petrol imports.
Shah also stressed the critical role cooperatives play in the rural economy. He urged cooperative transactions to remain within the sector, avoiding external financial dependencies. Highlighting a pilot project, he noted that additional deposits of Rs 788 crore were identified in Banaskantha and Panchmahal.
To further strengthen the cooperative sector, Shah called on NABARD and cooperative banks nationwide to open accounts for district cooperative banks and milk production committees. This move aims to enhance financial efficiency and save money within the cooperative framework.
The Gujarat government's subsidy on Nano Urea and Nano DAP aims to enhance agricultural sustainability, offering farmers the tools and support they need to adopt healthier and more productive farming practices.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Retirement Planning: In how many years your Rs 25K monthly SIP investment will grow to Rs 8.8 cr | See calculations
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
Top 7 Mid Cap Mutual Funds With up to 41% SIP Returns in 5 Years: No 1 fund has converted Rs 15,000 monthly investment into Rs 23,84,990
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
03:23 PM IST