Trade and markets
 

Detail

Area
India
Commodity Group
Rice
Commodity
All
Date
01/02/2013
Policy Category
Production
Policy Instrument
Budgetary allocations, production support, crop diversification, agricultural credit, storage
Description
Renewed the “Bringing the Green Revolution to Eastern India” (BGREI) scheme through a Rupees 10.0 billion (USD 183 million) allotment, as part of its 2013-2014 budgetary allocations. Allocated a further Rupees 5.0 billion (USD 92 million) to encourage crop diversification in original Green Revolution states. Targeted agricultural credit disbursements were also raised, and the subsidized credit scheme renewed and expanded, with funds assigned to enlarge public and private storage capacity.
Notes
Exchange rate as of 1 April 2013