Finance Minister Nirmala Sitharaman made many important announcements in the budget.
Finance Minister Nirmala Sitharaman made many announcements in her budget for farmers. The budget has focused on increasing agricultural production. The Finance Minister said,Emphasis will be given on natural farming. In the next two years, 1 crore farmers will be supported for natural farming. 10,000 bio-input centres will be built which will provide various kinds of support to farmers. The focus will be on making pulses and oilseeds self-sufficient. Clusters will be formed to improve the supply chain.
The focus will be on natural farming. By improving agricultural research, the government will help increase crop production. Its simple aim is to prevent adverse effects on crops due to climate changes. 109 varieties of 32 types of crops will be developed. In this way, farmers will be helped to grow crops whose production can be increased and their income will rise.
Focus on the production, storage and marketing of vegetables.
Finance Minister Nirmala Sitharaman said in her budget speech that the government will focus on increasing vegetable production. Along with production, storage and marketing will be promoted. The central government will work with states to increase public digital infrastructure for farmers. It aims to increase farmers’ income.
This time, some previously announced projects were also included in the budget. There was talk of transforming agricultural research, of monitoring experts, of promoting new varieties according to the climate. One million farmers will join him in the coming year through natural farming. The government’s focus will be on crops such as mustard, groundnut, sunflower and soybean.
Productivity and adaptability in the agricultural sector🌾
Rs 1.52 lakh crore for agriculture and allied sectors#UnionBudget2024 #Budget2024 #BudgetForViksitBharat pic.twitter.com/5xaLzavdLO
– PIB Hindi (@PIBHindi) July 23, 2024
What announcements were made in this year’s provisional budget?
In the interim budget presented on February 1 this year, Nirmala Sitharaman announced the use of Nano DAP in agriculture and climate sectors. There was talk of implementing a comprehensive programme for dairy farmers. Self-reliance in the oilseeds sector and implementation of Matsya Sampada Yojana will be promoted. There was talk of building five water parks.
What did farmers get last year?
In the 2023 budget, it was said that over 4 crore farmers will benefit from the crop insurance scheme. It was said that 38 lakh farmers received benefits under the PM Kisan Sampada Yojana. 10 lakh employment opportunities were created through the PM Kisan Sampada Yojana. 1.4 crore farmers benefited from the Skill India mission. There was talk of promoting public and private investment for farmers.
