AreaIndia

Commodity GroupRice

CommodityAll

Date01/02/2013

Policy CategoryProduction

Policy InstrumentBudgetary allocations, production support, crop diversification, agricultural credit, storage

DescriptionRenewed 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.

NotesExchange rate as of 1 April 2013