Shortage of labour with expertise to plant paddy has prompted the state to encourage farmers to grow less labour-intensive crops
The farm credit target for the current fiscal has been set at Rs 13.5 trillion
In her second Budget presentation, the Finance Minister also said Nabard refinance scheme will be expanded.
For small and marginal farmers, institutional credit at reasonable costs can act as a catalyst and convert them into vibrant commercial farmers, Jain added
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The panel further said that the Centre should push state governments to complete the digitisation process and updation of land records in a time bound manner
Comprehensive restructuring of SFAC also promised to smoothen setting up 10,000 FPOs
eNWRs record goods kept in warehouses and can be used as collateral for loans.