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BJP Factsheet: Agriculture Sector Growth More Robust and Stable Compared to UPA’s Fluctuating Years

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In a pointed response to the Congress Party’s criticisms regarding the agricultural sector’s performance, the BJP’s factsheet emphasizes that recent growth rates are not only stronger but also more consistent, supported by increased government budget allocations compared to the period from 2004 to 2014 when the UPA held power.

“The UPA’s years from 2004 to 2014 were marked by instability in Indian agriculture. For instance, the GDP growth rate for agriculture and allied sectors reached 5.1% in 2005-06, yet saw a decline of 0.1% in 2008-09, reflecting the Congress’s failure in agricultural policy,” the factsheet states.

“Claims of agricultural stagnation under the NDA are completely unfounded, as the sector has shown robust growth in recent years, averaging a 5% annual increase from FY17 to FY23. Additionally, preliminary data for the first and second quarters of 2024-25 indicate growth rates of 2% and 3.5%, respectively, further showcasing the sector’s resilience,” it continues.

The factsheet also notes that farmers’ financial conditions are improving, with agricultural income rising by an average of 5.23% annually over the past decade. Despite a temporary dip in employment during the pandemic, the NDA government has led a strong recovery, reducing the unemployment rate to 3.2%, significantly lower than the pre-pandemic level of 6%.

Furthermore, while the Congress Party has been accused of ignoring farmers’ needs, the NDA consistently ensures that the Minimum Support Price (MSP) is set at 1.5 times the average cost of production. The landmark PM KISAN scheme, one of many initiatives, has benefited 11 crore farmers from 2019 to 2024, with over Rs 3.45 lakh crore distributed via Direct Benefit Transfer (DBT). Farmers’ purchasing power has significantly increased; total agricultural credit rose from Rs 7.3 lakh crore in 2013-14 to over Rs 25.48 lakh crore by 2023-24.

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Additionally, the NDA has expanded the Kisan Credit Card scheme to include farmers in Animal Husbandry and Fisheries since 2018-19, a move absent during the UPA’s tenure. Under the UPA, the National Agricultural Insurance Scheme (NAIS) and its modified version provided limited support with a mere allocation of Rs 2,151 crore in 2013-2014. In contrast, the PMFBY boasts a far larger budget and a more inclusive approach, with the NDA allocating Rs 13,625 crore for the initiative in 2023-24—six times more than the previous Congress allocation.

The NDA government’s efforts have also led to a substantial increase in registered Farmer Producer Organizations (FPOs). While only 318 FPOs were established under the UPA, the NDA launched the ‘Formation and Promotion of 10,000 FPOs’ scheme in 2021 with an investment of Rs 6,865 crore, resulting in 8,875 FPOs across the country as of August 2024.

Additionally, the gap in consumption expenditure between urban and rural areas has narrowed, signaling improved living conditions. The PM KISAN program, introduced in 2018, provides Rs 6,000 annually to small and marginal farmers, benefiting over 11 crore individuals by 2024. A total of Rs 3.46 lakh crore has been dispensed through this initiative, with over 85% of beneficiaries falling into the small and marginal farmers category. The government’s use of Aadhaar and DBT has streamlined fund distribution, curbing corruption and delays.

To date, over Rs 34 lakh crore has been transferred through DBT to more than 1,167 crore beneficiaries, ensuring that welfare funds are disbursed in a timely, transparent, and corruption-free manner. Nationwide, the urban-rural gap in Monthly Per Capita Consumption Expenditure decreased from 84% in 2011-12 to 71% in 2022-23, and further to 70% in 2023-24. In this same period, the estimated average MPCE stands at Rs 4,122 for rural areas and Rs 6,996 for urban regions, excluding the value of items received free through social welfare programs, the factsheet concludes.

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Fuel Prices Hiked by Rs.3 per Litre across India

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New Delhi: Petrol and diesel prices have been increased by Rs.3 per litre across the country from today. Oil marketing companies revised the rates due to the rise in global crude oil prices.

After the hike, petrol price in Bengaluru has reached Rs.106.17 per litre, while diesel now costs   Rs.94.10 per litre.

The increase comes amid fluctuations in international crude oil prices and tensions in West Asia, including the Iran conflict. The fall in the value of the Indian rupee against the US dollar has also increased import costs.

The fuel price hike is expected to affect transportation and daily essentials. Transport charges for goods may rise, leading to higher prices of vegetables, fruits, milk, and other items. Bus, auto, and taxi fares may also increase.

READ MORE :Two Final-Year Engineering Students Drown in Bhadra Canal

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Earlier, fuel prices were reduced before the 2024 Lok Sabha elections. In 2022, the Centre had also cut excise duty to control inflation after the Covid pandemic.

 

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Gold Prices Rise in Mangaluru; Demand for Ornaments Remains Strong

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Mangaluru: Gold prices in the coastal city of Mangaluru have been reported at high levels today. The rate for 24 karat gold (99.9% purity) stands at Rs.14,962 per gram. The price for 22 karat gold (91.6% purity) is Rs.13,715 per gram. Meanwhile, 18 karat gold (75% purity) is being sold at Rs.11,222 per gram.

Mangaluru is well known for its deep cultural connection with gold. The city has a long tradition of buying and wearing gold ornaments. This tradition continues strongly even today.

Local jewellers say that demand for gold remains steady despite high prices. Many people still prefer to invest in gold for safety and long-term value. Gold is also an important part of weddings and festivals in the region.

Apart from its love for seafood, Mangaluru is also famous for its gold market. The gold trade in the city has a long history and continues to grow.

READ MORE :Mango Sheera Emerges as a Popular Summer Dessert

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Buyers are advised to check the latest rates before making a purchase. They can also use a gold rate calculator to get exact pricing based on weight and purity.

Experts say that gold prices may change depending on global market trends. Customers should stay updated and make careful decisions while buying gold.

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Pune FDA Seizes 3,800 Kg of Adulterated Mango Pulp in Major Crackdown

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In a major action against food adulteration, the Food and Drug Administration (FDA) in Pune has seized over 3,800 kilograms of mango pulp mixed with unsafe food colours.

The raid was carried out after officials received confidential information about illegal production activities in the district. Acting quickly, an FDA team traced the source to a manufacturing unit in Urse village in Maval taluka.

During the inspection, officers found that the mango pulp was being prepared using unauthorised food colours and other banned substances. These materials are not allowed under food safety rules and can be harmful to consumers.

The unit was reportedly operated by Mohammad Ekramul, also known as Akram Gulam. Authorities said the facility was violating multiple food safety regulations.

Officials immediately seized the adulterated stock and stopped further production at the site. The FDA has also begun investigating the supply chain to identify where the products were being distributed.

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READ MORE:98-Year-Old Nani Turns Entrepreneur, Inspires Millions With Gujarati Snacks

Authorities warned that strict action will be taken against those involved in food adulteration. They also urged the public to stay cautious while buying food products, especially during the mango season.

Further investigation into the case is currently underway.

 

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