Prime Minister Narendra Modi’s road building scheme for rural India could also hold a key towards uplifting farm economy. FM in her budget announcement said that the centre will “encourage” state governments if they implement reforms for agriculture.
Prime Minister Narendra Modi’s road building scheme for rural India could also hold a key towards uplifting farm economy. Under the third phase of PMGSY (Pradhan Mantri Gram Sadak Yojana), the government has made it conditional for the release of funds that the state governments first undertake reforms to their respective Agriculture Produce Marketing Committee (APMC) laws. “The states adopting reforms in line with the Union Agriculture Ministry-drafted Model Agricultural Produce and Livestock Marketing (Promotion & Facilitation) Act of 2017 “shall be accorded priority in PMGSY-III”, The Indian Express cited a supplementary note for a Cabinet Committee on Economic Affairs meet which was held in July last year.
Please click here to read more.