Maharashtra farmers to benefit as soybean prices rise

In a recent event held in Wardha, Maharashtra, Deputy Chief Minister Devendra Fadnavis announced that farmers would receive prices for cotton and soybean that exceed the minimum support price (MSP) this season. This assurance came during a ceremony marking the first anniversary of the PM Vishwakarma Scheme, where Fadnavis urged Prime Minister Narendra Modi to raise import duties on crude oil to enhance farmers' earnings. The Prime Minister's swift response led to an increase in soybean prices, benefiting local farmers significantly. Fadnavis also highlighted the government's commitment to providing free electricity to farmers, which is expected to alleviate some of their financial burdens. The event included the groundbreaking for the PM Mitra Park in Amravati and the launch of various skill development initiatives aimed at empowering women and boosting local economies. These initiatives are part of a broader strategy to transform the lives of over 600,000 families in Maharashtra. The Deputy Chief Minister emphasized the importance of women's empowerment, announcing a monthly assistance of Rs 1,500 for eligible women. This financial support is designed to improve the economic status of women in rural areas, enabling them to contribute to their families and communities. Additionally, Fadnavis praised the PM Vishwakarma Scheme for focusing on micro-entrepreneurs, including traditional artisans like blacksmiths and carpenters, who have historically been overlooked. The government's commitment to these initiatives reflects a significant shift in policy aimed at fostering economic growth and sustainability in Maharashtra's agricultural sector.