Cabinet’s First Decision of the New Year Dedicated to Farmers: PM Modi on Crop Insurance Schemes
New Delhi – Prime Minister Narendra Modi announced that the first Cabinet decision of the year is a significant step aimed at empowering farmers. The government has decided to extend the one-time special package on Di-Ammonium Phosphate (DAP), ensuring the availability of fertilisers at affordable prices for the agricultural community.
“This decision reflects our unwavering commitment to the welfare of farmers,” said PM Modi in a statement. He emphasized that the package will alleviate financial burdens and provide much-needed support for agricultural growth.
Under the crop insurance schemes, the government aims to provide enhanced coverage and timely assistance to farmers, safeguarding them against unpredictable weather and market fluctuations. The extension of the DAP package ensures that essential fertilisers remain within reach, enabling farmers to focus on productivity without concerns over rising input costs.
Agriculture experts have welcomed the decision, calling it a timely move to address critical challenges faced by farmers. “Affordable fertilisers and robust crop insurance schemes will ensure a safety net for farmers while boosting agricultural output,” said an agricultural policy analyst.
The Cabinet’s decision underscores the government’s prioritization of the agricultural sector, setting a positive tone for the year ahead. Further details on the implementation of these measures are expected to be announced soon.