• Forward Contracts for wheat and rice to stop with immediate effect.
• Plans rolled out to expand the reach of Farm credit to new Farmers and distressed districts.
• Integrated Oilseeds, Oilpalm, Pulses and Maize Development programme to be expanded with sharper focus on scaling up the production of breeder, foundation and certified seeds.
• Special purpose funds to be set up for re-plantation and rejuvenation of coffee, rubber, spices, cashew and coconut.
• Fertilizer Industry to submit a proposal to the Government on an appropriate mechanism to ensure direct passing of the subsidy to farmers.
• LIC to introduce insurance based social security scheme for rural landless households.
• NABARD to issue Government guaranteed rural bonds to the extent of Rs.50 billion with suitable tax exemption. The funds to be used for refinancing rural credit cooperatives.
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