New Delhi, February 01, 2021: It is encouraging to see a progressive thought process towards the agriculture sector, with a sharp focus on technology and sustainability. The increased availability of credit – INR 16.5 lakh crores and extension of SWAMITVA scheme to cover all states and UTs will benefit farmers and increase access to credit facilities. The availability of funds for APMCs to augment their infrastructure, investment of INR 1,000cr towards Pradhan Mantri-Kisan Urja Sanrakshan Evam Utthan Mahabhiyan and integration of 1,000 more mandis in the eNAM marketplace will help towards enhancing and leveraging technology in agriculture. Initiatives such as doubling of budget for micro-irrigation to INR 10,000 cr will help promote sustainable agriculture. The government’s announcement of withdrawing end-use based concession on denatured ethyl alcohol will aid a significant number of farmers producing rice, wheat, barley, corn, sorghum, sugarcane and sugar beet crops. The government’s intervention in pulses and cotton purchases have helped farmers in increasing overall receipts to over 40 times from 2013-14 till 2020-21. We are hoping for a seamless implementation of the initiatives, to further catalyze the growth of the Indian agro-economy
Corporate Comm India (CCI Newswire)
