Updated November 12th, 2019 at 23:33 IST

FM urges farmers to produce oilseeds; assures all-round help to them

Finance Minister Nirmala Sitharaman on Tuesday urged farmers to produce oilseeds in place of other crops as India particularly imports edible oil and palm oil.

Reported by: Jay Pandya
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Finance Minister Nirmala Sitharaman while addressing the sixth World Congress on Rural and Agriculture Finance in New Delhi on Tuesday urged farmers to produce oilseeds in place of other crops as India particularly imports edible oil and palm oil. "We are telling farmers which crops will give them a better price in the area. We are also telling them what all crops can be irrigated or cannot be irrigated on the rain-fed land," she said.

'Produce oilseeds because they have a great demand in India'

"The support price may be given for other things but please do produce oilseeds because they have a great demand in India. Edible oil consumption is also a matter of great concern, as we still import quite a lot quantity particularly palm oil," she said.

'I am ensuring that I will take the Chairman of NABARD to J&K'

Sitharaman also requested National Bank for Agriculture and Rural Development (NABARD) Chairman Dr Harsh Kumar Bhanwala to visit Jammu and Kashmir to ensure that the farmers get the correct price for their produce in the next season. "You are aware that recently we used NAFED to procure apples from Jammu and Kashmir so that there is no single farmer left with his unsold apples. I am ensuring that I will take the Chairman of NABARD to Jammu and Kashmir so that the Agri producers can get the right price for their next crop of saffron, peaches and walnuts," she added.

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'I want anna datta to be urja datta also'

The Union Minister also stated that the Centre is making efforts to push sustainable and renewable energy sources in rural areas in order to provide farmers with an additional source of income. "I want anna datta to be urja datta also. We are working in a direction where we can install solar panels, turbines etc so that farmers can generate power on those pieces of land where they are unable to grow the produce," she said. Sitharaman also announced that 10,000 farmers produce organisations will be formed so that the agriculturalists can get the correct price for their produce and also "credit and other assistance from the government can be extended to them."

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Published November 12th, 2019 at 15:50 IST