Union Finance Minister Nirmala Sitharaman (Budget 2025) has allocated Rs 1.27 lakh crore for the agriculture sector in Budget 2025 (Budget 2025). Also, he has made many announcements for the agriculture sector in his budget speech. In this budget, the Union Finance Minister has given several gifts to farmers including the announcement of the announcement of the formation of Makhana Board in Bihar, more loans through the Pradhan Mantri Dhanadhan Krishi Yojana, Kisan Credit Card, the Frequency Mission in Pulses, the formation of Makhana Board in Bihar. Let us know in detail what is special for agriculture and farmers in this budget.
Large budget announcements regarding agricultural sector:
- Union Finance Minister Nirmala Sitharaman has announced to launch the Prime Minister Dhan-Dhanya Krishi Yojana. The program will include 100 districts with low productivity, sowing of low crops and less than average loan norms. This includes objectives such as increasing agricultural productivity, increasing storage of crops at panchayat and block levels, improvement of irrigation facilities as well as providing long and short term loans facilities. 1.7 crore farmers are expected to benefit from this scheme.
- Through farmer credit cards, 7.7 crore farmers, fishermen and dairy farmers of the country get short -term loans. In this budget, under the revised interest subsidy scheme, there is a provision to increase the loan limit from Rs 3 lakh to Rs 5 lakh through Kisan Credit Card.
- Along with this, the central government is now going to start a comprehensive program for vegetables and fruits with the participation of the state government. This program will be started to promote production, effective supplies, processing and profitable price for farmers. Along with this, there will be participation of farmer producing organizations and cooperative societies in it, so that this program can be effectively implemented.
- In this budget, the Union Finance Minister has given many gifts to Bihar. Under this, financial assistance will be provided for the Western Koshi Canal Project in Mithilanchal, which will benefit the farmers who cultivate more than 50 thousand hectares of this area. Apart from this, the Union Finance Minister announced to set up a Makhana Board for the production, processing, price promotion and improvement of Makhans in Bihar in his big budget announcements.
- The budget has announced to start the program ‘Rural Conservation and Adaptation Building’ in collaboration with the states. The aim of this program is to generate more and more employment in the agriculture sector through skill, investment, technology, which further strengthens the rural economy. Through this program, focus will be focused on rural women, young farmers, rural youth, neglected and small farmers as well as landless families.
- Also, now the center will pay special attention to you, urad and lentils and for this the 6 -year will start the “self -sufficiency mission in pulses”. For this, farmers will have to register in central agencies Nafed and NCCF and during the next 4 years these agencies will buy as much of these 3 pulses as these farmers will take to them.
- National High yield seed mission will be run in budget announcements. Its objective is to increase the research of seeds, as well as develop and spread insect resistant and climate -friendly seeds for high yields. It also includes providing more than 100 varieties of seeds released from July 2024 at a commercial level.
- Along with this, he said that for self -sufficiency in urea production, our government has started production once again in three urea plants lying inactive in the eastern region. To increase the supply of urea and its production, a plant with an annual production capacity of 12.7 lakh metric tonnes will also be set up as Assam.
- Finance Minister Nirmala Sitharaman announced the cotton productivity mission. Also said that this five -year mission will give a boost to the productivity of cotton agriculture and its better use and advanced varieties of cotton. For this, he also announced to provide better assistance to science and technology to farmers.
- The Finance Minister said in his budget speech that our country is the second largest producing country worldwide in the field of fisheries and aquatic agriculture. The value of seafood exports is 60 thousand crores. He said that in view of immense possibilities in the maritime sector, the government will pay special attention to islands like Andaman and Nicobar and Lakshadweep. At the same time, the Indian will prepare a favorable framework to promote fishing from the specific economic sector and deep seas.