Govt is taking various efforts to find long-term solution to benefit the farmers: PM Modi
PM Modi emphasizes the need for better water management to reduce the dependence on monsoon
State Governments coming forward to work with Centre on water management: PM
Pradhan Mantri Fasal Beema Yojana focuses on minimum premium and maximum insurance: PM Modi
With e-NAM, farmers now able to sell their crop to whichever market they choose: PM
100% FDI in food processing sector would help the farmers in increasing their income substantially: PM
In an interview with Times Now, PM Narendra Modi highlighted the initiatives the government has undertaken in the agriculture sector. He said that his government is taking various efforts to find long-term solution to benefit the farmers.
 
PM emphasized the need for better water management to reduce the dependence on monsoon and reduce the wastage of water during irrigation. He highlighted how state governments too were coming forward to work with Centre on water management. PM also mentioned that the government was focusing on Pradhan Mantri Krishi Sichai Yojana and advising farmers to adopt use of Scientific methods like micro or drip irrigation for sugarcane and paddy.
 
PM also said that the government’s Pradhan Mantri Fasal Beema Yojana focused on minimum premium and maximum and will help the farmers substantially in case of loss.
 
Talking about first of a kind initiative - e-NAM taken by the NDA government, the PM stated that the farmers were now able to sell their crop to whichever market they choose, they could decide on the market without having to suffer losses.
 
PM highlighted how the various initiatives have empowered the farmers. He also mentioned how allowing 100% FDI in food processing sector would help the farmers in increasing their income substantially. He also said that the Government was encouraging companies like Coca Cola to use 5% fruit juice in their drinks which will also help farmers.
 
PM explained that Soil Health card was another area that the government was focusing on so that farmers could understand the needs of the soil and treat it accordingly to boost its fertility.
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List of Outcomes: Prime Minister’s Visit to the UAE
May 15, 2026

S.No.

MoU/Agreement

Objectives

1.

MoU on Strategic Collaboration between Indian Strategic Petroleum Reserves Limited (ISPRL) and Abu Dhabi National Oil Company (ADNOC)

(a) Potential ADNOC crude oil storage in India’s Strategic Petroleum Reserves upto 30 million barrels, including through its participation in facilities in Vishakhapatnam, Andhra Pradesh; and development of reserve facilities in Chandikol, Odisha.

(b) Potential storage of crude oil in Fujairah, UAE, to form part of the Indian strategic petroleum reserve;

(c) Potential collaboration in Liquid Natural Gas and Liquid Petroleum Gas storage facilities in India

2.

Strategic Collaboration Agreement between Indian Oil Limited (IOCL) Company and Abu Dhabi National Oil Company (ADNOC) on supplies of Liquified Petroleum gas (LPG)

Explore potential opportunities in the sale and purchase of LPG, including long term supply of LPG, and entry into a long-term LPG sale and purchase agreement between ADNOC Gas Limited and IOCL.

3.

Framework for the Strategic Defence Partnership

A Strategic Framework for Defence Industrial collaboration, innovation and advanced technology, training, exercises, education and doctrine, special operations and interoperability, maritime security, cyber defence, secure communications and information exchange.

4.

MoU between Cochin Shipyard Limited (CSL) and Drydocks World (DDW) on setting up Ship Repair Cluster at Vadinar

 

Cooperation for setting up a Ship Repair Cluster at Vadinar, including offshore fabrication, under the Maritime Development Fund Scheme launched by the Government of India.

5.

MoU between Cochin Shipyard Limited (CSL), Drydocks World (DDW) and Centre of Excellence in Maritime & Shipbuilding (CEMS) on Skill Development in Ship Repair

The tripartite agreement establishes a framework to mobilize, train and employ skilled maritime workforce. The MoU seeks to enhance capabilities of Indian maritime workforce and position India as a hub for skilled shipbuilding and ship repair professionals.

6.

Term Sheet for setting up 8 Exaflop Super Computing Cluster in partnership between CDAC, India and G-42, UAE

 

Pave the way for collaboration between CDAC and G-42 to set up super computing cluster as part of AI Mission India.

Announcement

7.

Investment from UAE to India

(i) Abu Dhabi Investment Authority (ADIA) and National Infrastructure & Investment Fund (NIIF) of India to explore investments upto US$ 1 bn in India’s infrastructure sector.

(ii) Emirates New Development Bank (ENBD) to invest US$ 3 billion in RBL BANK of India

(iii) International Holding Company to invest US$ 1 billion in Sammaan Capital of India.