The Union Budget for 2018-19 is likely to emphasise quickening the market intervention scheme to give states more freedom to stabilise prices of agricultural commodities at the time of slump. Besides, the Budget may focus on market linkages for farm products and strengthen the livelihood mission to address rural distress in the wake of electoral wounds suffered by the Bharatiya Janata Party in rural Gujarat, particularly Saurashtra. As the prices of crops such as chana, tur, and oilseeds decline below the minimum support price, the Budget may directly allocate funds to ...
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