
Prime Minister Narendra Modi on Friday mentioned that Agricultural Price range which was lower than Rs 25,000 crores in 2014 has been elevated to greater than Rs 1,25,000 crores right now. He mentioned, “Each Price range lately has been referred to as a price range for Gaon, Gareeb and Kisan.”
Addressed the post-budget webinar on ‘Agriculture and Cooperatives’, Prime Minister mentioned, “Like earlier 8-9 years, this years’ Union Price range has additionally given lot of significance to agriculture.”
Amrit Kaal Price range is geared toward strengthening the agriculture in addition to cooperative sectors. Addressing a post-budget webinar. https://t.co/AhP2Wes1lN
— Narendra Modi (@narendramodi) February 24, 2023
Prime Minister mentioned the federal government is working to make home and worldwide markets accessible to the farmers. He acknowledged that India’s aim shouldn’t be restricted to rice or wheat in the case of self-sufficiency or export.
PM Modi mentioned that expenditure of Rs 17,000 crore in 2021-22 for the import of pulses, Rs 25,000 crore for the import of Worth Added Meals Merchandise, and Rs 1.5 lakh crore spent on the import of edible oils in 2021-22. He mentioned that the sum of all agricultural imports was about Rs 2 lakh crores. Narendra Modi mentioned that choices are being constantly taken within the Price range to advertise the agricultural sector in order that the nation turns into ‘atmanirbhar’ and the cash used for imports can attain our farmers.
Narendra Modi talked concerning the introduction of accelerator funds for agri-tech startups. He mentioned, “Variety of agri-startups has elevated from negligible in 2014 to over 3,000 now…This yr’s Price range focuses on agri-tech, creating funding avenues for entrepreneurs in agriculture sector.”
Prime Minister additionally touched upon the Worldwide Yr of Millets and mentioned that its worldwide id is opening a gateway to the worldwide marketplace for Indian farmers. “The nation has now recognized coarse grains as Shri Anna on this price range”, the Prime Minister mentioned.
“A brand new revolution is happening within the cooperative sector of India”, the Prime Minister mentioned, mentioning that it’s not restricted to some states and a few areas of the nation anymore.
He additionally mentioned that that tax-related reliefs have been given to the cooperative sector on this yr’s price range which can profit new cooperative societies engaged in manufacturing.