Budget 2025 for Agriculture Sector
What's in store for the Agriculture Sector from the upcoming full Budget on February 1. Set to be a 'Pocket Booster' budget with focus on giving consumption a leg-up along with pushing capex Read More.., it is set to benefit a host of sectors. Keep a track on all the expectations, final announcements and in depth analysis of the Budget decision only on Financial Express. We offer you a detailed list of expectation and announcements for Agriculture Sector on its dedicated page Who Gets What. Navigate through all the declarations at a glance from the current and past Union Budgets on this page.
Budget 2025-26 Announcements for Agriculture Sector
Agriculture Sector
- The credit limit for loans availed through the Kisan Credit Card (KCC) will be raised from ₹3,000 to ₹5,000.
- A dedicated Makhana Board will be set up in the state to enhance its production, processing, value addition, and market reach.
- The National Mission for Edible Oilseeds aims to achieve self-reliance in edible oil production.
- Agricultural productivity will be improved through the adoption of advanced farming technologies and modern equipment.
- Efforts will be made to encourage crop diversification and promote sustainable farming practices for long-term farmer benefits.
- Post-harvest storage infrastructure will be developed at the panchayat and block levels to reduce crop wastage and strengthen food security.
- Irrigation facilities will be upgraded to increase agricultural output and optimize water usage efficiency.
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Budget Announcements for Agriculture Sector in FY2025
Agriculture Sector
- Provision of Rs 1.52 lakh crore for farmers and agriculture sector
- The budget for farmers was increased by 21.6% i.e. Rs 25 thousand crore.
- Will introduce 109 new varieties of 32 crops, 19 varieties with high yield.
- Focus on crops like mustard, groundnut, sunflower and soybean.
- Digital survey of crops will be conducted in 400 districts.
- One crore farmers will join natural farming in one year
- Information of 6 crore farmers will be brought to the land registry.
- New Kisan Credit Cards will be issued in 5 states.
- PM Tribal Unnat Gram Abhiyan Yojana for 63,000 tribal dominated villages.
Budget Announcements for Agriculture Sector in FY2024
Agriculture Sector
- Launch of Agriculture Accelerator Fund to aid rural agri-startups by young entrepreneurs was announced.
- Construction of digital agri-infrastructure for inclusive farmer solutions and agri-tech support was notified.
- Increase in cash deposit and loan limits to Rs. 2 lakh/member for PACS and PCARDBs was also declared.
Budget Announcements for Agriculture Sector in FY2023
Agriculture Sector
- An increase of 4.5% over the revised estimates of 2021-22 was announced.
- A fund set up to finance start-ups relevant to farm produce supply chains, under the co-investment model was notified
- Agriculture and rural startups will receive funds from NABARD.
Budget Announcements for Agriculture Sector in FY2022
Agriculture Sector
- New Agriculture and Infrastructure Development Cess to finance agricultural infrastructure and development will apply to imports like cotton, coal, gold, silver, alcoholic beverages, petrol, and diesel.
- Agriculture Infrastructure Fund expansion was notified to aid Agriculture Produce Market Committees (APMCs) and integration of 1,000 more mandis with e-NAM.
- Operation Green Scheme's extension to cover 22 perishable products for increased value addition and export promotion.
Budget Announcements for Agriculture Sector in FY2021
Agriculture Sector
- Allocation of Rs. 1.60 lakh crore for Agriculture, Irrigation & allied activities
- Promotion of balanced use of fertilizers and innovative fertilizers was notified.
- Measures were declared for organic, natural, and integrated farming, including Jaivik Kheti Portal.
- Expansion of Integrated Farming Systems in rain-fed areas was announced
- The addition of multi-tier cropping, bee-keeping, solar pumps, and solar energy production in non-cropping season was also announced.
Budget Announcements for Agriculture Sector in FY2020
Agriculture Sector
- It has been announced that all farmers impacted by severe natural calamities, receiving assistance from the National Disaster Relief Fund (NDRF), will now receive the benefit of a 2% interest subvention and a prompt repayment incentive of 3% for the entire rescheduled loan period.
- An assured MSP of minimum 50% to all 22 crops was also declared
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