30 Oct Third, to guard monetary passions of farmers in the eventuality of a calamity that is natural market adversity.
the federal government may produce a вЂNational Agriculture Calamity Fund (NACF)вЂ™ within a legitimate agency that is national-level. A couple of functional recommendations comprising eligibility criteria, running procedures and supervisory process can be evolved. Mandatory annual efforts to NACF because of the central/state governments can be facilitated because of the Finance Commission with its resource-sharing formula. States giving loan waivers outside of the NACF device can be disincentivised in devolution associated with formula.