In the first meeting, sources said the committee will introduce members, deliberate on "future strategies" and discuss setting up sub-panels to cover the wide issues mentioned in the terms of reference.
While announcing the repeal of the three farm laws in November last year, Prime Minister Narendra Modi had promised to set up a committee to discuss various farmers' issues, including the minimum support price (MSP).
"Not production, but post-production is definitely a problem today," Agriculture Minister Narendra Singh Tomar said addressing a conference on 'Getting Agriculture Markets right' organised jointly by National Stock Exchange and ICRIER.
"As per our estimate, we will be self-sufficient in urea by 2025-end and there will be no import dependence. Our domestic production of conventional urea and nano urea will be more than the demand," the Chemicals and Fertilisers ministers said.
On May 12, India's Ministry of Commerce & Industry said it was preparing to send delegations to nine countries to export a record 10 million tonnes of wheat this fiscal year - sharply up the previous season. But a barrage of alarming data changed all that.
This policy will offer a sum insured of up to Rs 5 lakhs in various combinations (Self/Spouse/Children/Parents). Additionally, hospital cash of daily sum insured of Rs.1,000 for 15 days in a year will also be launched as part of the insurance policy, a joint statement read.
The subsidy has been increased to Rs 2,501 per bag which was Rs 1,650 per bag in Rabi-2021-22 and Rs 512 in the year 2020-21, which has now been increased five times to Rs 2,501 per bag, the Fertilizer department tweeted.
Madhya Pradesh State Agricultural Marketing Board's (MPSAMB) Managing Director Vikas Narwal said that the government procurement of wheat dipped by 30 per cent due to a sharp rise in prices in the open market.