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National Adaptation Fund to be Established for Climate Change Rs 500 crores for Price Stabilization Fund States to be Encouraged to Develop Farmers’ Markets

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....ational Adaptation Fund to be Established for Climate Change Rs 500 crores for Price Stabilization Fund States to be Encouraged to Develop Farmers’ Markets <br>News and Press Release<br>Dated:- 10-7....

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....-2014<br><BR>The Union Finance Minister Shri Arun Jaitley while presenting his maiden budget announces to establish a "National Adaptation Fund" for climate change. As an initial sum, an amount of &#x....

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....20B9; 100 crore will be transferred to the Fund. Climate changes is a reality which all of us have to face together, says the Finance Minister. Agriculture as an activity is most prone to the vagaries....

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.... of climate change he added. The Finance Minister also announced a sum of &#x20B9; 500 crore for establishing a "Price Stabilization Fund" to mitigate price volatility in the agriculture produce whic....

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....h create uncertainties and hardship for the farmers. The Finance Minister said that the farmers and consumers' interest will be served by increasing competition and integrating markets across the cou....

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....ntry. To accelerate setting-up of a National Market, the Central Government will work closely with the State Governments to re-orient their respective APMC Acts., to provide for establishment of priva....

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....te market yards/private markets. The State Governments will also be encouraged to develop Farmers' Markets in town areas to enable the farmers to sell their produce directly.<BR> News - Press release ....

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....- PIB....