Grow export-oriented crops, Modi tells farmers, Pg7

Key Highlights:

• PM Modi launched the Dhan Dhaanya Krishi Yojana and the Pulses Self-Reliance Mission to boost the agriculture sector.
• The Pulses Self-Reliance Mission, worth over ₹11,000 crore, aims to increase pulse cultivation by 35 lakh hectares.
• GST reforms have reportedly doubled savings for rural households and reduced costs on farming tools like tractors by ₹40,000.
• The government aims to reduce imports and boost India’s agricultural exports by promoting export-oriented crops.

Detailed Insights:

• The Pulses Self-Reliance Mission seeks to address India's protein needs, especially for vegetarians, by increasing domestic pulse production.
• The mission aims to benefit approximately two crore pulse farmers by expanding cultivation areas.
• Farmers are encouraged to focus on crops popular in global markets to reduce import dependence and enhance export capabilities.
• GST reforms have made tractors more affordable, leading to increased sales during the festive season.

Key Concepts Involved:

• GST (Goods and Services Tax): An indirect tax levied on the supply of goods and services.
• Self-Reliance: The state of being able to provide for one's own needs without external assistance.
• Export-Oriented Crops: Agricultural products grown specifically for sale in international markets.