Jute Commissioner Sets Maximum Ex-Factory Prices for Jute Bags in December 2024

Jute Commissioner has announced the final maximum ex-factory prices for 580gm “Type-A” and “Type-B” jute bags for December 2024. The prices fixed in this notification are exclusive of Goods and Services Tax (GST). The purchaser is responsible for paying GST in addition to the stated ex-factory price. This price regulation aims to provide price stability and transparency in the jute bag market for December 2024.

Pradhan Mantri Annadata Aay SanraksHan Abhiyan

Price Support Scheme (PSS) is implemented on the request of the State Govts. / UTs that agree to exempt from levy of Mandi tax on the procurement of notified pulses, oilseeds and copra in the interest of farmers.

Central Government Amends Wheat Stockholding Limits for Traders and Processors

The amended order applies to all States and Union Territories. The stockholding limit for wheat has been extended until March 31, 2025. Traders, wholesalers, retailers, big chain retailers, and processors are required to declare their current wheat stockholdings on the Department of Food and Public Distribution (DoFPD) portal. Entities exceeding the prescribed limits must bring their stocks within the limit by December 26, 2024.

AI and Technology Revolutionize Indian Agriculture

The Indian government has been actively leveraging artificial intelligence (AI) to address various challenges faced by the agricultural sector. These technological advancements are aimed at boosting agricultural productivity, reducing costs, and improving farmers’ livelihoods. A press release on these advancements was issued on December 10, 2024.

Coastal Aquaculture Authority (Amendment) Rules, 2024

The Central Government has issued a notification amending the Coastal Aquaculture Authority Rules, 2024. The amendment aims to introduce a comprehensive regulatory framework for various aspects of coastal aquaculture. This notification was published on December 4, 2024.

PM-KISAN: Empowering India’s Farmers

The PM-KISAN scheme, launched in 2019, has emerged as a cornerstone of the Indian government’s efforts to support farmers. This direct benefit transfer (DBT) scheme provides financial assistance to eligible landholding farmers, irrespective of their landholding size.

India’s Plan for Cooperative Grain Storage

The “World’s Largest Grain Storage Plan in Cooperative Sector” aims to construct godowns at the Primary Agricultural Credit Societies (PACS) level. The pilot project has successfully constructed 11 godowns in 11 states: Maharashtra, Uttar Pradesh, Tamil Nadu, Karnataka, Gujarat, Madhya Pradesh, Uttarakhand, Assam, Telangana, Tripura, and Rajasthan.