PM Modi highlights 7 ways budget will help agri sector

Photo Caption: PM Narendra Modi addresses a webinar on positive impact of Union Budget 2022 in Agriculture sector, in New Delhi on February 24, 2022. (Photo/PIB)

New Delhi: Prime Minister Narendra Modi addressed a webinar on positive impact of Union Budget 2022 in Agriculture sector on February 24, 2022.

He discussed the ways in which the Budget will contribute to strengthening agriculture sector.

The Webinar was focused on ‘Smart Agriculture’- Strategies for implementation. Concerned Union Ministers, representatives of state governments, representatives from industry and academia and farmers through various Krishi Vigyan Kendras were present on the occasion.

During the seminar, the Prime Minister noted year 2023 being recognized as International Year of Millets and called upon the corporate world to come forward in branding and promoting Indian millets. He also asked major Indian missions abroad to organize seminars and other promotional activities to popularize the quality and benefits of Indian millets.

Prime Minister Modi elaborated on the seven ways in which the Budget proposes to make agriculture modern and smart.

  1. The target is to undertake natural farming on mission mode within 5 kms on both the banks of the Ganges.
  2. Modern technology in agriculture and horticulture will be made available to the farmers.
  3. Emphasis has been laid on strengthening Mission Oil Palm to reduce the import of edible oil.
  4. New logistics arrangements will be made through PM Gati-Shakti plan for the transportation of agricultural products.
  5. Better organization of agri-waste management and increasing farmers’ income through waste to energy solutions.
  6. More than 1.5 lakh post offices will provide services like regular banking so that farmers are not troubled.
  7. Agri research and education syllabus will be changed as per demands of modern times with regard to skill development and human resource development.

Here are other highlights of PM Modi’s Address:

  • PM Kisan Samman Nidhi scheme has become a strong support for the small farmers of the country. Under the scheme, almost 1.75 lakh crore rupees have been given to 11 crore farmers.
  • Agriculture budget has been increased manifold in last six years. Agriculture loans for farmers have also been increased by two and half times in the last 7 years.  
  • Three crore farmers, including farmers engaged in Animal Husbandry and Fisheries, were given Kisan Credit Cards (KCC) during the difficult period of the pandemic.
  • Market for organic products has reached 11000 crore, with export rising to more than 7000 crore rupees from 2000 crore rupees 6 years ago

(PW News)


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