Union Cabinet approves highest ever Fair and Remunerative Price for Sugarcane Farmers
The Union Cabinet on 28th June has approved a fair and remunerative price of 315 rupees per quintal for sugarcane farmers for the season 2023-24.
An overview of the news
This decision is aimed at benefiting five crore sugarcane farmers and their dependents, as well as five lakh workers employed in the sugar mills and related ancillary activities.
It is important to note that this price is the highest ever offered to sugarcane farmers, demonstrating the government's commitment to supporting the agricultural sector.
National Research Foundation (NRF) Bill, 2023
The government has decided to introduce the NRF Bill, 2023, which aims to strengthen the research ecosystem in the country.
The Union Cabinet has approved this bill, which will establish the NRF as an apex body responsible for seeding, growing, and promoting research and development.
The bill intends to foster a culture of research and innovation throughout India's universities, colleges, and research institutions.
Objectives of NRF
The NRF will provide high-level strategic direction for scientific research in India.
Over the next five years, the NRF is expected to receive a total estimated cost of 50 thousand crore rupees.
By repealing the Science and Engineering Research Board (SERB) established in 2008, the NRF will take on an expanded mandate, covering activities beyond those of SERB.
This will enable the NRF to forge collaborations among industry, academia, government departments, and research institutions.
Collaboration and Participation
The NRF will create an interface mechanism to facilitate the participation and contribution of industries, state governments, scientific ministries, and line ministries in research activities.
By encouraging collaboration between different stakeholders, such as industry, academia, and government, the NRF aims to enhance the impact of scientific research and promote innovation.
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