Mumbai : Union Finance Minister Arun Jaitley on Saturday hinted at more sops for the troubled farmers, saying the unseasonal rains in March have resulted in an “agrarian crisis”.
“Agriculture is the biggest challenge and the unseasonal rains have resulted in an agrarian crisis,” Jaitley said here this evening at an event to launch three new social security schemes. “Once the resources with the government grow, the biggest component of the resources will be allocated for agriculture and irrigation to meet the challenge,” he said without revealing how much will be quantum of the support.
The launch of three schemes, devoted to pensions, accident and life insurance, should be seen as a step to instill social security net in the country, Jaitley said, adding that till now there was no such security for the people.
“We are an unpensioned society and want to convert it into a pensioned one,” Jaitley said, speaking about the Atal Pension Yojana.
All the three schemes, which follow the high decibel bank account opening campaign of the government, aim to provide cheaper services to the people and ensure they have something to fall back on. – PTI