Many schemes announced for agriculture sector in Union General Budget

01-Feb-2025 12:47 PM

It looks like the Union Budget for 2025-26 has introduced some significant initiatives to support the agriculture and allied sectors, with a focus on improving productivity, reducing imports, and enhancing infrastructure.

The mission for boosting the production of pulses like tuvar, urad, and lentil is a strong move, especially given India's reliance on imports for these staples.

The creation of a Makhana Board for Bihar is another interesting step, as it recognizes the region's unique contribution to this niche sector. Makhana has been gaining popularity in recent years, and this could lead to a stronger market for it.

Similarly, efforts to improve cotton production and ensure better prices for oilseed producers will likely have positive economic impacts.

The emphasis on food processing is key as well. With the National Food Technology Institute, we might see more innovative ways to preserve and value-add agricultural products, which could help reduce wastage and open up more export opportunities.

The development of the Western Kosi Canal to mitigate floods in Mithila is another practical initiative aimed at solving longstanding regional issues and boosting agricultural productivity in the area.

What do you think about these steps? Do you think they’ll have the intended effect on India's agricultural growth and sustainability?