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But to get the subsidy, the capacity of the warehouse should be minimum 100 tonnes and maximum of 30,000 tonnes. [4] If the capacity is more than 30,000 tonnes or less than 100 tonnes then subsidy will not be given under this scheme. Subsidies will also be provided in some special cases up to 50 tonnes capacity.
NABARD's role in rural development in India is phenomenal. [30] The credit flow to agriculture activities sanctioned by NABARD reached Rs 1,57,480 crore in 2005–2006. [citation needed] Through assistance of the Swiss Agency for Development and Cooperation, NABARD set up the Rural Innovation Fund.
Joint liability groups are a concept established in India in 2014 by the rural development agency, National Bank for Agriculture and Rural Development (NABARD) to provide institutional credit to small farmers. [1] [2]
The most important explicit subsidies administered through the Central Government budget are food and fertiliser subsidies, and until recently, export subsidies. These subsidies account for about 30% of the total central subsidies in a year and have grown at a rate of approx 10% per annum over the period 1971–72 to 1996–97.
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity. The U.S ...
The WTO urges countries such as India to cut back on agricultural subsidies, which are crucial for sustaining food security and supporting the rural economy. [ 98 ] Post-1991 economic reforms explicitly rejected the need for institutional transformation in agriculture, leading to a contraction of the role of the Indian state.
Taxes and subsidies change the price of goods and, as a result, the quantity consumed. There is a difference between an ad valorem tax and a specific tax or subsidy in the way it is applied to the price of the good. In the end levying a tax moves the market to a new equilibrium where the price of a good paid by buyers increases and the ...
ONDC activated ecommerce in agriculture domain on 20 June 2022 with National Bank for Agriculture and Rural Development (NABARD). ONDC is attempting to integrate all Agri-tech and Non Agri-tech ecommerce platforms into common network while these companies build solutions that can further accelerate the adoption and establish market linkage for ...