Primary Agricultural Credit Societies

Primary Agricultural Credit Societies: Cabinet approves digitisation of 63,000 Primary Agricultural Credit Societies. PACS: It is a village-level institution that works directly with rural residents. It encourages agriculturists to save, accepts deposits from them, makes loans to deserving borrowers, and collects repayments. PACS are the lowest unit in a three-tier structure: The other two tiers […]

Marijuana Legal In Thailand

Marijuana Legal In Thailand: Thailand has legalized cultivating and possessing Marijuana but recreational use (Such as smoking) is still banned, even though advocates say the easing effectively decriminalises Marijuana. The nation is the first to advance such a move in South-East Asia, a region known for its stringent drug laws. Thailand, with its year-round tropical […]

Minimum Support Prices (MSP) For Kharif Season 2022-23

Minimum Support Prices (MSP) For The Kharif Season 2022-23: The Centre has approved the Minimum Support Prices (MSP) for the Kharif season 2022-23, stating that the rates are at least 1.5 times of the weighed average cost of production. The rates for 14 Kharif crops have been increased, the hikes ranging from 4% to 8%. […]

Restrictions On Sugar Exports

Restrictions On Sugar Exports: The central government has imposed restrictions on sugar exports from June 1st, 2022 to increase the availability of sugar in the country during sugar season 2021-22 (October-September) and also curb price rise. Usually, during the festival season of October – November, the demand for sugar increases, and therefore, the government is […]