Budget 2020 For Agriculture

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Budget 2020-21 For Agriculture

Budget 2020 For Agriculture

Some Points Retailed to Agriculture

The government is committed to doubling farmers’ income by 2022 and the budget aims to boost the income of people and enhance their purchasing power.

Announcing 16 action points plan for farmers, towards the goal of doubling farmers income

  • The government allocated Rs. 2.83 lakh crore rupees for agriculture and allied activities, irrigation and rural development in 2020-21 budget.
  • Comprehensive measures for 100 water-stressed districts in the country. Agricultural credit target has been set up at 15 lakh crore.
  • PM KUSUM to cover 20 lakh farmers for stand-alone solar pumps and further 15 lakh farmers for grid connected pumps.
  • “Kisan Rail” and “Krishi Udaan” to be launched by Indian Railways and Ministry of Civil Aviation respectively for a seamless national cold supply chain for perishables.
  • Refinancing Scheme of NABARD further expanded, agriculture credit target for the year 2020-21 has been set at Rs. 15 lakh crore
  • Milk processing capacity to be doubled from 53.5 million tonne to 108 million tonne by 2025.

Budget 2020 For Agriculture

  • Fish Production target of 200 lakh tonnes by 2022-23.
  • ” Fishery extension work to be enabled by rural youth 3477 Sagar Mitras and 500 fish farmer producing organizations (FPOs).
  • Another 45000 acres of aqua culture to be supported.
    Raise fishery exports to Rs.1 lakh crore by 2024-25.
  • Elimination of FMD and brucellosis in cattle and PPR in sheep and goat by 2025.
  • Increasing coverage of artificial insemination to 70%
  • Viability gap funding for creation of efficient warehouses on PPP mode.
  • SHGs run Village storage scheme to be launched.
  • Integartion of e-NWR with e-NAM.

 

Sixteen Action Points for Agriculture, Irrigation and Rural Development

  • Rs. 2.83 lakh crore to be allocated for the following 16 Action Points:
    • Rs. 1.60 lakh crore for Agriculture, Irrigation & allied activities.
    • Rs. 1.23 lakh crore for Rural development & Panchayati Raj.                          – 
  • Agriculture credit:
    • Rs. 15 lakh crore target set for the year 2020-21.
    • PM-KISAN beneficiaries to be covered under the KCC scheme.
    • NABARD Re-finance Scheme to be further expanded.
  • Comprehensive measures for 100 water-stressed districts proposed.
  • Blue Economy:
    • Rs. 1 lakh crore fisheries’ exports to be achieved by 2024-25.
    • 200 lakh tonnes fish production targeted by 2022-23.
    • 3477 Sagar Mitras and 500 Fish Farmer Producer Organisations to involve youth in fisheries extension.
    • Growing of algae, sea-weed and cage culture to be promoted.
    • Framework for development, management and conservation of marine fishery resources.
  • Kisan Rail to be setup by Indian Railways through PPP:
    • To build a seamless national cold supply chain for perishables (milk, meat, fish, etc.
    • Express and Freight trains to have refrigerated coaches.
  • Krishi Udaan to be launched by the Ministry of Civil Aviation:
    • Both international and national routes to be covered.
    • North-East and tribal districts to realize Improved value of agri-products.
  • One-Product One-District for better marketing and export in the Horticulture sector.
  • Balanced use of all kinds of fertilizers – traditional organic and innovative fertilizers.
  • Measures for organic, natural, and integrated farming:
    • Jaivik Kheti Portal – online national organic products market to be strengthened.
    • Zero-Budget Natural Farming (mentioned in July 2019 Budget) to be included.

Integrated Farming Systems in rain-fed areas to be expanded.

o Multi-tier cropping, bee-keeping, solar pumps, solar energy production in non-cropping season to be added.

PM-KUSUM to be expanded:

    • 20 lakh farmers to be provided for setting up stand-alone solar pumps.
    • Another 15 lakh farmers to be helped to solarise their grid-connected pump sets.
    • Scheme to enable farmers to set up solar power generation capacity on their fallow/barren lands and to sell it to the grid.
  • Village Storage Scheme:
    • To be run by the SHGs to provide farmers a good holding capacity and reduce their logistics cost.
    • Women, SHGs to regain their position as Dhaanya Lakshmi.
  • NABARD to map and geo-tag agri-warehouses, cold storages, reefer van facilities, etc.
  • Warehousing in line with Warehouse Development and Regulatory Authority (WDRA) norms:
    • Viability Gap Funding for setting up such efficient warehouses at the block/taluk level.
    • Food Corporation of India (FCI) and Central Warehousing Corporation (CWC) to undertake such warehouse building.
  • Financing on Negotiable Warehousing Receipts (e-NWR) to be integrated with e-NAM.
  • State governments who undertake implementation of model laws (issued by the Central government) to be encouraged.
  • Livestock:
    • Doubling of milk processing capacity to 108 million MT from 53.5 million MT by 2025.
    • Artificial insemination to be increased to 70% from the present 30%.
    • MNREGS to be dovetailed to develop fodder farms.
    • Foot and Mouth Disease, Brucellosis in cattle and Peste Des Petits ruminants (PPR) in sheep and goat to be eliminated by 2025.
  • Deen Dayal Antyodaya Yojana – 0.5 crore households mobilized with 58 lakh SHGs for poverty alleviation.

https://youtu.be/Vg_E5Xm8rmw

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4 thoughts on “Budget 2020 For Agriculture”

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