08-March-2024: ACC's LEISA Project, Tea Sector's, Climate Change, Rs. 100 Reduction in LPG Cylinder, Raw Jute MSP Hiked

8 March 2024

• ACC's LEISA Project Increasing Farmers’ Income and Crop Yields in Bargarh, Odisha

  ACC, the cement and building material company of the diversified Adani Group, is making significant progress in sustainable agriculture through its LEISA (Low External Input Sustainable Agriculture) project. This initiative, conducted in collaboration with Rajiblochan Producers Company Limited (RPCL), a Farmer Producer Organization (FPO) supported by the Adani Foundation, has been instrumental in driving positive change in villages surrounding the Bargarh plan

• Tea Sector's Financial Assistance Soars by 82% Under Tea Development & Promotion Scheme

  The financial assistance provided under the ‘Tea Development & Promotion Scheme’ has seen a substantial surge aimed at boosting the tea industry. The allocation has been increased by a noteworthy 82%, soaring from Rs. 290.81 crores to Rs. 528.97 crores for the upcoming two financial years, spanning 2024-25 and 2025-26. Efforts to empower small tea growers through a series of incentives are underway. The strategy involves mobilizing them into Self-Help Groups (SHGs) and Farmer Producer Organizations (FPOs).

• Climate Change Disproportionately Impacts Rural Women's Income, Widening Gender Disparities: Report

  A New report from the United Nations Food and Agriculture Organization (FAO) sheds light on the unequal impacts of climate change on rural incomes, particularly affecting women, deprived individuals, and the elderly. The report titled "The Unjust Climate" notes how climate-related extreme weather events worsen existing income disparities, widening the gap between genders and socioeconomic classes.

• Government Announces Rs. 100 Reduction in LPG Cylinder Prices on Women's Day

  Today, on the occasion of International Women's Day, Prime Minister Modi announced a decrease of Rs. 100 in the prices of liquefied petroleum gas (LPG) cylinders, a step towards relieving the financial strain on households. This decision, set to bring relief to millions of households nationwide, particularly empowers women, affirming the government's commitment to fostering 'Nari Shakti' or women empowerment.

• Raw Jute MSP Hiked by Rs. 285 to Rs 5335 Per Quintal for 2024-25 Season

  Minimum Support Prices (MSP) for Raw Jute for the forthcoming 2024–25 season have been approved by the Cabinet Committee on Economic Affairs, led by Prime Minister Modi, in a major step toward aiding jute growers. This decision comes as a relief to the agricultural sector, particularly to those engaged in jute cultivation. Approved MSP for Raw Jute (TDN-3 equivalent to earlier TD-5 grade) stands at Rs.5,335/- per quintal for the 2024-25 season.