Argutes

Daily Current Affairs for UPSC Civil Services Exam – 17 March 2021

In Today’s News:

  1. Features of Organic Farming.
  2. SFAC.

1. Features of Organic Farming

News Summary

Information about Organic Farming was given by the Agriculture Minister in Lok Sabha.

Mini Insights

Mains GS3 – Agriculture

(Note: The following points have been directly taken from the PIB Press Release. These points may be used in questions related to Organic farming as these points portray an entire view of Organic Farming in brief.)

Features of Organic Farming:
  • Organic farming is a sustainable agriculture system that excludes the use of synthetic inputs in farming and relies on on-farm inputs such as crop residues, farmyard manure, enriched composts, vermicompost, oil cakes, bio-fertilizers, etc for nutrient management of crops.
  • Similarly, pests and diseases are managed by eco-friendly farming practices of crop rotation, trap crops, bio-pesticides like neem-based formulations, biocontrol agents, mechanical traps, stale seedbed, etc.
  • Adoption of organic farming practices produces safe food, reduces the cost of production, improves soil health and health in mitigating climate change and global warming by reducing dependence on chemical fertilizers
  • The government of India has been promoting Organic farming in the country through dedicated schemes namely Paramparagat Krishi Vikas Yojana (PKVY) and Mission Organic Value Chain Development for North Eastern Region (MOVCDNER) since 2015-16 to cater to the needs of domestic and export markets respectively.
  • The demand for organic farming has increased in the domestic market during the last few years.
  • According to the joint study of ASSOCHAM –EY, the domestic organic market is growing at 17% and the projected demand of the organic food market is likely to cross 87.1 crores by 2021 from the Rs. 53.3 crore in 2016. The demand in the international market has also increased in the last 3 years.

Click here to know more about Organic farming on the official PIB Press Release.

2. SFAC

News Summary

Information about SFAC was given by the Agriculture minister in Lok Sabha.

Prelims GS – Governance

SFAC:
  • Small Farmers’ Agri-Business Consortium (SFAC) is a Society promoted by the Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture and Farmers Welfare, Govt. of India.
  • SFAC is an exclusive Society focused on increasing the incomes of small and marginal farmers through aggregation and development of agribusiness.
  • SFAC has pioneered the formation and growth of Farmer Producer Organizations/Farmer Producer Companies, which is now being implemented across the length and breadth of the country. SFAC is progressing towards establishing an ecosystem for FPOs/FPCs to make them sustainable and viable in the long run.
  • SFAC offers Schemes like Equity Grant and Credit Guarantee Fund Scheme to FPCs to improve the availability of working capital and development of business activities.
  • SFAC promotes the development of small agribusiness through its VCA Scheme for value-added processing and marketing linkages.
  • SFAC is also implementing the National Agriculture Market Electronic Trading (e-Nam) platform. The purpose is to provide for a single unified market for agricultural products with much higher price discovery for farmers.

Click here to view the official website.

 

 

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