Supreme Court Restores JSW's Resolution Plan in Bhushan Power Case: A Pragmatic Turn in IBC Jurisprudence (See CORP EINSICHT ) NMDC Steel becomes First to receive BIS License for Hot Rolled Steel for welded steel pipe (See 'Corp Brief') FM interacts with interns of PM Internship Scheme in Hampi (See 'Corp Brief') IBC - Withdrawal of CIRP cannot be permitted merely on the basis of a unilateral settlement with one minor creditor, particularly when other bigger Financial Creditors oppose it: NCLT (See 'Legal Desk') World Food Day: Goyal highlights India-Brazil Partnership in Global Food Security (See 'Corp Brief') Chouhan holds high-level meeting on strengthening KVKs (See 'Corp Brief') India, Australia strengthen Energy Cooperation (See 'Corp Brief') SEBI - PayTM founder held guilty of circumventing SEBI regulations to unlawfully grant ESOPs to self and brother by mis-representing promoter status and control - contravened disclosure & eligibility norms of SEBI - barred from accepting ESOPs for three-year period: SEBI (See 'Legal Desk') India, Ethiopia hold Inaugural Joint Defence Cooperation Meeting (See 'Corp Brief') Military Combat Parachute System of DRDO successfully tested at 32,000 feet altitude (See 'Corp Brief') MoS inaugurates New Infrastructure at NIFT Mumbai (See 'Corp Brief') A&C - Mere pendency of formal signature by one party, when other party has signed agreement after reading its terms including arbitration clause, does not prevent parties from being referred to arbitration: HC (See 'Legal Desk') Bureau of Energy Efficiency invites Entries for Energy Conservation Awards (See 'Corp Brief') PIB organizes Regional Media Workshop - 'Vartalap' at Konark (See 'Corp Brief') India, Saudi Arabia strengthen Cooperation in Chemicals & Petrochemicals Sector (See 'Corp Brief') PMLA - Secured creditor such as finance company not left without remedy, where properties acquired even prior to scheduled offence period are attached as value equivalent: SAFEMA Tribunal (See 'Legal Desk') UP Chief Minister interacts with National Statistical Commission (See 'Corp Brief') Chouhan visits 'Samanyu Honey' Beekeeping Centre in Punjab (See 'Corp Brief') India strengthens Global Leadership in Spice Standards at 8th Codex Committee (See 'Corp Brief') IBC - Speculative participants driven purely by profit motives can't be permitted to misuse insolvency & bankruptcy code, which is remedial framework conceived for revival and protection of companies: SC (See 'Legal Desk') CCI okays acquisition of Cloud4C Services by Capgemini SE (See 'Corp Brief') DTNBWED and UPBOCWWB join hands to empower Construction Workers through Skill Development (See 'Corp Brief') IBC - IBC has a rehabilitative intent; companies revived through a resolution plan cannot be arbitrarily excluded from government tenders: HC (See 'Legal Desk') Ministry of Labour joins hands with Zomato to strengthen Gig Economy (See 'Corp Brief') Give preference to 'Made in India' products': Chouhan (See 'Corp Brief') A&C - In large-scale infrastructure projects, quantification of actual loss resulting from time overruns is often impracticable, and law does not mandate proof of precise loss if parties have agreed to mechanism of reasonable compensation: HC (See 'Legal Desk') Vaishnaw announces Enhanced Technological Upgrades and New Training Initiatives for RPF (See 'Corp Brief') Ministry of Minority Affairs establishes Centres of Excellence to Promote Heritage and Classical Languages (See 'Corp Brief') Mentorship cum acceleration sessions are arranged for 18 Start-ups (See 'Corp Brief') Joshi to preside over World Standards Day 2025 Celebrations (See 'Corp Brief') A&C - Award granted by arbitral tribunal for interest can't be challenged, just because in agreement between parties, there is no stipulation for awarding interest: HC (See 'Legal Desk') DoPPW to conduct Nationwide Digital Life Certificate Campaign 4.0 (See 'Corp Brief') Kharif sowing area increases by 6.51 lakh hectares: Chouhan (See 'Corp Brief') PM GatiShakti marks 4 years with launch of transformative Initiatives: Goyal (See 'Corp Brief') PC Act - Economic offences require different approach when considering bail, especially where offence involves deep-rooted conspiracy, fraudulent documentation, and abuse of fiduciary positions: HC (See 'Legal Desk') ANRF Executive Council okays move for operationalization of RDI Fund (See 'Corp Brief') MoS participates in 'Recognition Ceremony of Forest Rangers' in Abu Dhabi (See 'Corp Brief') MoS holds interaction on governance innovations with representatives from 19 countries (See 'Corp Brief') Arbitration & Conciliation Act - provisions of Rule 11 of 2021 Rules & Section 18(3) of 2006 Act facilitate arbitration as a means of dispute resolution & merely adopting different routes does not render either process illegal or ultra vires: HC (See 'Legal Desk') Roadmap unveiled for development of 100 GW Nuclear Capacity by 2047 (See 'Corp Brief') CCL launches Special Cover Dedicated to Coal Warriors and Coal India's Legacy (See 'Corp Brief') PMLA - In money laundering case, modus operandi often involves circuitous and opaque ftnancial transactions, making direct evidence inherently difficult to obtain: HC (See 'Legal Desk')

Cabinet approves National Mission on Natural Farming with Rs 2481 Crores outlay

Published: Nov 26, 2024

By TIOLCorplaws News Service

NEW DELHI, NOV 26, 2024: THE Union Cabinet approved the launching of the National Mission on Natural Farming (NMNF) as a standalone Centrally Sponsored Scheme under the Ministry of Agriculture & Farmers' Welfare.

The scheme has a total outlay of Rs.2481 crore (Government of India share - Rs.1584 crore; State share - Rs.897 crore) till the 15th Finance Commission (2025-26).

The Government of India has launched the National Mission on Natural Farming (NMNF) to promote natural farming in mission mode across the country as a standalone Centrally Sponsored Scheme under the Ministry of Agriculture & Farmers' Welfare.

Rooted in the traditional knowledge inherited from their forefathers, farmers will practise Natural Farming (NF) as a chemical free farming which involves local livestock integrated natural farming methods, diversified crop systems, etc. NF follows local agro-ecological principles rooted in local knowledge, location specific technologies and is evolved as per the local agro-ecology.

NMNF aims at promoting NF practices for providing safe & nutritious food for all. The Mission is designed to support farmers to reduce input cost of cultivation and dependency to externally purchased inputs. Natural farming will build & maintain healthy soil ecosystems, promote biodiversity and encourage diverse cropping systems to enhance resilience as suitable to the local agroecology are the benefits of natural farming. NMNF is launched as a shift to scientifically revive and strengthen agriculture practices towards sustainability, climate resilience and healthy food for farmer families and consumers.

In the next two years, NMNF will be implemented in 15,000 clusters in Gram Panchayats, which are willing, & reach 1 crore farmers and initiate Natural Farming (NF) in 7.5 lakh Ha area. Preference will be given to areas having prevalence of practising NF farmers, SRLM / PACS / FPOs, etc. Further, need-based 10,000 Bio-input Resource Centres (BRCs) will be set-up to provide easy availability and accessibility to ready-to-use NF inputs for farmers.

Under NMNF, around 2000 NF Model Demonstration Farms shall be established at Krishi Vigyan Kendras (KVKs), Agricultural Universities (AUs) and farmers' fields, and shall be supported by experienced and trained Farmer Master Trainers. The willing farmers will be trained in Model Demonstration Farms on the NF package of practices, preparation of NF inputs, etc. near their villages in KVKs, AUs and practising NF farmers' fields. 18.75 lakh trained willing farmers will prepare inputs like Jeevamrit, Beejamrit, etc. by using their livestock or procure from BRCs. 30,000 Krishi Sakhis/ CRPs will be deployed for awareness generation, mobilisation and handholding of willing farmers in the clusters. Natural Farming practices will help farmers to reduce input cost of cultivation and dependency on externally purchased inputs while rejuvenating soil health, fertility & quality and building resilience to climate risks like waterlogging, flood, drought, etc. These practices also reduce health risks from exposure to fertilisers, pesticides, etc. and provide healthy & nutritious food for the farmers' family. Further, through Natural Farming, a healthy Mother Earth is bequeathed to the future generations. Through improvement of soil carbon content & water use efficiency, there is an increase in soil microorganisms and biodiversity in NF.

Farmers will be provided with an easy simple certification system and dedicated common branding to provide access to market their natural farming produce. Real time geo-tagged & referenced monitoring of NMNF implementation shall be done through an online portal.

Convergence with existing schemes and support structures of Government of India/ State Governments/ National & International Organisations shall be explored for enhancing local livestock population, development of NF Model Demonstration Farms at Central Cattle Breeding Farms/ Regional Fodder Stations, provide market linkages at district/ block/ GP levels through convergence for local farmers' markets, APMC (Agricultural Produce Market Committee) Mandis, Haats, Depots, etc. Additionally, students will be engaged in NMNF through the RAWE program and dedicated Undergraduate, Postgraduate & Diploma courses on NF.

TIOL CORP SEARCH

TIOL GROUP WEBSITES