New Delhi7 minutes ago
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The government gave Rs 1.52 lakh crore for agriculture and related sectors. Last year Rs 1.25 lakh crore was given. That is, this time the budget for farmers was increased by 21.6% i.e. 25 thousand crore rupees.
However, despite the continuous demand of farmers, no announcement was made in the budget regarding Minimum Support Price i.e. MSP. The amount of Kisan Samman Nidhi has also not been increased, it will remain only Rs 6,000.
Big things related to agriculture budget –
- Finance Minister said- A month ago we have announced increased MSP on almost all major crops.
- Will bring 109 varieties of 32 crops.
- Will work on reforms in agricultural research.
- In the next one year, one crore farmers will join natural farming.
- Will focus on self-reliance in the matter of pulses and pulses and their production, storage and marketing.
- Focus on crops like mustard, groundnut, sunflower and soybean.
- Will strengthen the supply chain of vegetables. Will focus on their storage and marketing.
- By partnering with the states, we will work on digital infrastructure for agriculture and farmers.
- Information of 6 crore farmers will be brought to the land registry.
- New Kisan Credit Cards will be issued in 5 states.
- Will provide help to farmers through NABARD.
- Work on strengthening the rural economy.
- The yield will remain unaffected by the weather.
- Focus on employment and skills.
- Will bring 9 varieties of high yielding crops.
- Work on self-sufficiency in edible oils.
Agriculture got Rs 1.27 lakh crore in the interim budget
- Modi government had given Rs 1.27 lakh crore to the agriculture sector in the interim budget on February 1 this year.
- Finance Minister Nirmala Sitharaman had said that Nano DAP will be used on crops.
- Good work will be done in the field of dairy development and milk farmers will be promoted.
- To promote green development, a new scheme of bio-manufacturing and bio-foundry will be started.
- More than 4 crore farmers got the benefit of crop insurance scheme.
- Matsya Sampada Yojana provided 55 lakh new jobs.
- 1,361 mandis were integrated under the National Agriculture Market i.e. eNAM.
- Supporting trading volume was Rs 3 lakh crore.
Till now 9.26 crore farmers have got the benefit of Samman Nidhi.
The government currently gives Rs 6,000 to farmers every year in 3 installments of Rs 2,000 each. Under this scheme, the government has so far sent an amount of more than Rs 3 lakh crore to the accounts of farmers in 17 installments.
The Prime Minister had released the 17th installment of PM Kisan Samman Nidhi on June 18. Then an installment of Rs 2,000 each was sent to the accounts of 9.26 crore farmers. This scheme was started in 2019 to provide financial assistance to farmers.
The government had increased the MSP of 14 Kharif crops in June.
The government had increased the MSP of 14 Kharif crops last month in June. The new MSP will put a burden of Rs 2 lakh crore on the government. This is Rs 35 thousand crore more than the previous crop season. The government believes that MSP should be at least 1.5 to 2 times the cost of the crop. MSP includes 24 crops.
Which crops are included in Kharif crops?
Paddy (rice), maize, jowar, bajra, mung, groundnut, sugarcane, soybean, urad, tur, horse gram, jute, flax, cotton etc. Kharif crops are sown in June-July. They are harvested in September-October.
What is MSP or Minimum Support Price?
MSP is the guaranteed price that farmers get on their crops, even if the price of that crop is low in the market. The logic behind this is that farmers should not be affected by fluctuations in crop prices in the market. They should continue to get the minimum price.
The government decides the MSP before every season on the recommendation of CACP i.e. Commission for Agricultural Costs and Prices. If there is a bumper production of any crop, its market prices are low, then MSP acts as a fixed assured price for them.
Now some important facts related to agriculture…
Sketch: Sandeep Pal
Graphics: Kunal Sharma
Photography: Dilip Chouksey
