Economy

UP Budget 2020-21 : Important Facts for UPPSC

The Finance Minister, Mr. Suresh Kumar Khanna, presented the Budget/Annual Financial Statement for Uttar Pradesh (UP) for the financial year 2020-21 on February 18, 2020. Major Highlights : • UP Budget Size 2020-21 : It is estimated to be Rs. 5,12,861 crore. This is not Only the largest budget of UP but also larger than […]

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Small Farmers’ Agribusiness Consortium (SFAC)

Why in News ? Recently, the Union Minister of Agriculture & Farmers’ Welfare exclusively focused on the role of Small Farmers’ Agribusiness Consortium (SFAC) in increasing income of small and marginal farmers through aggregation and development of agri-business. Vision : Promoting Agri-business by participation of institutional and private sector investments and linkages to ensure the

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Zero Budget Natural Farming (ZBNF) in India

What is ZBNF ? According to United Nations Environment Programme (UNEP), “ZBNF is an emerging set of agricultural practice redesigned to reduce farmers’ direct costs (hence “zero budget”) while enhancing yields and farm health through the use of non-chemical inputs sourced locally (“natural farming”).” Indian Finance Minister in the Budget speech said, “We need to

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