Friday, September 24, 2021

Budget for Department of Agriculture and Farmers’ Welfare increased multifold within 7 years: Narendra Singh Tomar

The government is continuously working to increase agricultural productivity, farmers’ income and ensuring farmers’ welfare in the country. In a written reply in the Rajya Sabha today, Agriculture and Farmers’ Welfare Minister Narendra Singh Tomar said, the budget for Department of Agriculture and Farmers’ Welfare has been increased multifold within the span of seven years. He said, the budget has been increased to over one lakh 23 thousand crore rupees from over 21 thousand nine hundred crore rupees within seven years to increase agriculture production and implementation of farmers’ welfare schemes. He added that this is a 460 per cent increase in the budget.

The Minister said, over eight thousand five hundred crore rupees have been allocated during this financial year for the development of several high yielding and disease resistant varieties of seeds.

Replying to another query, the Minister said, over two thousand nine hundred crore rupees have been sanctioned so far under the Agriculture Infrastructure Fund. He said, the fund has been sanctioned for a total of four thousand 963 projects of Primary Agricultural Cooperative Societies. Mr. Tomar said, various agriculture infrastructure and community farming assets like warehouses, assaying units and primary processing units have been created with the support of the scheme. The Agriculture Infrastructure Fund provides financial support for eligible post harvest management infrastructure and community farming assets

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