Operation Green to overhaul agriculture: Jaitley focuses on strengthening the rural sector

Announcing a ₹500 crore Operation Green for the development of the agricultural sector Finance Minister ArunJaitley has reinforced the focus of the government in increasing the income of farmers and raising the minimum support price.
Presenting the Union Budget for the fiscal year 2018-19, the minister proposed an Agri-Market Development Fund with a corpus of Rs 2000 crore and the upgradation of rural haats to Grameen agricultural markets. In increasing the Minimum Support Price of all cropsto at least 1.5 times that of the production cost, he promised the full support of the government in ensuring the payment of full MSP even if farmers sell below MSP. He proposed the introduction of Kishan credit cards.

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Modi to showcase India Growth Story at Davos

Buoyed by India’s growing economy and its rising global profile, Prime Minister Narendra Modi is poised to pitch the India growth story to international political and financial elite at the World Economic Forum in Davos.Mr Modi’s overarching message at Davos will be “India is open for business,” also the theme of the promotional campaign India has launched in Davos. Mr Modi will speak on the theme for the 2018 WEF, “Creating a Shared Future in a Fractured World,” and India’s role in the world. In his plenary speech, PM Modi is expected to highlight pathbreaking economic reforms taken by his government which have led to enhanced ease of doing business. India jumped 42 places in the World Bank’s Ease of Doing Business last year.
“In recent years, India’s engagement with the outside world has become truly and effectively multi-dimensional covering the political, economic, people to people, security and other spheres… At Davos, I look forward to sharing my vision for India’s future engagement with the international community,” Mr Modi said ahead of his visit to the picturesque Alpine town of Davos that holds the annual meet.

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