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The Budget 2024-2025 announcement by Union Finance Minister <keyword id="19916618" type="General" weightage="20" keywordseo="Nirmala-Sitharaman" source="keywords">Nirmala Sitharaman</keyword> saw productivity and resilience in <keyword id="19931887" type="General" weightage="20" keywordseo="agriculture" source="keywords">agriculture</keyword> being prioritised above all else. With a desire to turn focus on <keyword id="19934969" type="General" weightage="20" keywordseo="farmers" source="keywords">farmers</keyword>, or Annadatas, ₹1.52 lakh crore has been allocated for agriculture and its allied sectors. This is quite an increase from the Interim Budget announcement of ₹1.27 lakh crore in February 2024. It is being speculated that this substantial focus on the agricultural sector stems from the BJP's vote share dipping in semi-urban and rural areas during the recent Lok Sabha elections. In fact, when Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="narendra-modi" source="keywords">Narendra Modi</keyword> returned for a third term in office, the first file he signed was for the release of the 17th instalment of the PM <keyword id="22000840" type="General" weightage="20" keywordseo="kisan-nidhi" source="keywords">Kisan Nidhi</keyword> scheme, ET reported. However, the government's commitment to transforming agriculture and potentially the lives of Indian farmers could lead to the agricultural sector growing at 3.7% in the current fiscal, compared to 1.4% last year, as per the CII. <h2>Key initiatives in agriculture</h2>Transforming Agriculture Research The government is set to conduct a comprehensive review of the agricultural research framework, with an emphasis on enhancing productivity and developing climate-resilient crop varieties. Funding will be allocated on a challenge basis, including to private sector initiatives. This research will be overseen by domain experts from both governmental and non-governmental organizations. Release of New Varieties A total of 109 new high-yielding and climate-resilient varieties of 32 field and horticulture crops will be introduced for farmers to cultivate. Promoting Natural Farming In the next two years, the government plans to transition one crore farmers to natural farming practices, supported by certification and branding efforts. This initiative will be carried out through scientific institutions and willing <keyword id="20030597" type="General" weightage="20" keywordseo="gram-panchayats" source="keywords">gram panchayats</keyword>, with 10,000 bio-input resource centers to be established based on need. Missions for Pulses and Oilseeds To achieve self-sufficiency in pulses and oilseeds, the government will strengthen their production, storage, and marketing. As outlined in the interim budget, a strategy is being implemented to attain 'atmanirbharta' (self-reliance) for oilseeds like mustard, groundnut, sesame, soybean, and sunflower. <div type="Article" hostid="261" msid="111930255" title="Economic Survey calls for urgent agricultural reforms; cites growth hurdles" mstype="2" mssubtype="0"></div>Vegetable Production &amp; Supply Chains Large-scale clusters for vegetable production will be developed near major consumption centers. The government will support Farmer-Producer Organizations, cooperatives, and startups to streamline the vegetable supply chain, including collection, storage, and marketing. Digital Public Infrastructure for Agriculture Building on the success of a pilot project, the government, in partnership with states, will facilitate the implementation of Digital Public Infrastructure (DPI) for agriculture over the next three years. This year, a digital crop survey for Kharif crops will be conducted in 400 districts, integrating details of six crore farmers and their lands into registries. Additionally, Jan Samarth-based Kisan Credit Cards will be issued in five states. Shrimp Production &amp; Export Financial support will be provided to establish a network of Nucleus Breeding Centres for shrimp broodstocks. NABARD will facilitate financing for shrimp farming, processing, and export. National Cooperation Policy A new National Cooperation Policy will be introduced to promote systematic and comprehensive development of the cooperative sector. This policy aims to fast-track rural economic growth and create large-scale employment opportunities. <h2>Budget allocation highlights</h2><ul><li>PM-Kisan Samman Nidhi: Will be retaining its allocation of ₹60,000 crore to provide direct financial assistance to 11.8 crore small and marginal farmers.</li><li>Pradhan Mantri Fasal Bima Yojana: Allocated funds to provide crop insurance to four crore farmers, protecting them from adverse weather conditions.</li><li>e-NAM Expansion: Integration of 1,361 mandis into the e-NAM platform to enhance market efficiency and transparency, benefiting 1.8 crore farmers with an expected trading volume of ₹3 lakh crore.</li></ul><h2>Government committed to Polavaram irrigation project in Andhra Pradesh</h2>The Finance Minister said that the government is fully committed to financing and expeditiously completing the Polavaram irrigation project, which is considered a lifeline for Andhra Pradesh and its farmers. <h2>Future directions</h2>The government aims to increase public and private investment in post-harvest infrastructure and supply chains, promoting aggregation, modern storage, and efficient processing to reduce losses and improve food security. Additionally, the dairy and fisheries sectors will see significant development, with initiatives to boost productivity and exports, contributing to a sustainable and prosperous agricultural ecosystem. <div type="Article" hostid="261" msid="111951205" title="Budget 2024-25: Changes to tax slabs, increased standard deduction and other changes to direct taxation" mstype="2" mssubtype="0"></div>

What does Union Budget 2024-2025 have in store for farmers and the agricultural sector?

New Delhi, Amid the coronavirus pandemic when the pace of manufacturing and services sector came to a grinding halt, <keyword id="6355165" type="UNKNOWN" weightage="20" keywordseo="agriculture">agriculture</keyword> and allied sectors in India have picked up pace as the country saw the strength of the farm sector. The <keyword id="26362" type="ORGANIZATION" weightage="20" keywordseo="Government">government</keyword> also took care of a large population of the country related to agriculture and farming and enacted new laws to intensify the winds of improvement in the agricultural sector. The <keyword id="6358021" type="COMPANY" weightage="20" keywordseo="budget">Budget</keyword> 2021-22 is going to be presented in <keyword id="6354721" type="COMPANY" weightage="20" keywordseo="parliament">Parliament</keyword> on Monday, amid wrangling over agricultural reform. In such a situation, it is expected that the Modi government, which claims to give priority to the progress of villages, the poor and <keyword id="45092" type="COMPANY" weightage="20" keywordseo="farmers">farmers</keyword>, will also give priority to agriculture and rural development in the upcoming Budget. According to the Economic Review 2020-21, while the industry and services sectors are projected to fall by 9.6 per cent and 8.8 per cent, respectively, in the current financial year, the growth rate of agriculture and allied sectors can remain at 3.4 per cent. The agriculture and allied sectors recorded a growth rate of 3.4 per cent at constant prices during FY 2020-21 (first advance estimate). The Modi government's priority has been to double the income of farmers by 2022 and to develop basic facilities in villages including 'pucca' houses for all the poor in the country. Therefore, with a view to achieving these goals, the budgetary allocation of major schemes of agriculture and rural development sector can be expected to increase in the upcoming Budget. A senior official of the Union Ministry of Agriculture and Farmers Welfare said that farmers' awareness about all the schemes of agriculture sector including Prime Minister <keyword id="7283018" type="PERSON" weightage="20" keywordseo="kisan-samman-nidhi">Kisan Samman Nidhi</keyword> (PM-KISAN) is continuously increasing and the benefits of these schemes are beginning to be seen at the ground level. The government will also focus on the scheme to provide short-term agricultural loans to farmers at affordable interest rates. Other schemes of the agriculture sector, including the Prime Minister Crop Insurance Scheme, the Prime Minister Agricultural Irrigation Scheme, can also be given importance in this budget. Agricultural economists point out that along with agriculture, the government will give prominence to the plans of the food processing industry, which will help in achieving the goal of doubling the income of farmers. Major schemes for the development of villages proved to be very helpful in providing employment opportunities to the workers migrating from the cities during the corona period. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA), in addition to providing employment to the daily wage labourers in the villages, proved to be crucial in the development of basic infrastructure in the villages, which was called an opportunity in disaster and under the self-sufficient India package. Experts say that in the upcoming Budget also, other rural development schemes including MNREGA can be increased. The budgetary allocation of MNREGA was ₹61,500 crore in 2020-21, but under the self-sufficient package in the corona era, an additional allocation of ₹40,000 crore was made for the scheme. Farmers have been agitating for more than two months on the borders of Delhi to repeal the new agricultural laws and to demand a legal guarantee for the purchase of crops at the minimum support price (MSP). Agricultural experts point out that MSP is a big issue in the farmers' movement, so some announcement can be expected in the Budget regarding MSP as well. Union Finance Minister <keyword id="129243" type="PERSON" weightage="20" keywordseo="Nirmala-Sitharaman">Nirmala Sitharaman</keyword> will present the General Budget of the upcoming financial year 2021-22 in Parliament on Monday. SEE ALSO: <a href="https://www.businessinsider.in/travel/article/the-many-marvels-of-satpura-biosphere-reserve/articleshow/80598269.cms">The many marvels of Satpura Biosphere Reserve in Madhya Pradesh</a> <a href="https://www.businessinsider.in/budget/news/india-travel-and-tourism-sector-is-hoping-that-the-budget-2021-wont-leave-them-behind/articleshow/80596702.cms">India’s travel and tourism sector is hoping that the Budget won’t leave them behind</a>

Rural poor, farmers' progress to be government's priority :Budget 2021

Pradhan Mantri Kisan Samman Nidhi Yojana also popularly called as PM-Kisan is a scheme that is meant to benefit the farmers in the country. Under the <keyword id="7289466" type="UNKNOWN" weightage="20" keywordseo="pm-kisan">PM Kisan</keyword> scheme, every farmer in the country will be given a total amount of Rs. 6,000 issued in three instalments of Rs. 2,000. PM-Kisan yojana targets to provide financial assistance to the small and marginal level farmers in the nation. The PM Samman Nidhi Yojana benefits the Indian farmers in all states by providing INR 6,000 financial assistance for the purchase of seeds, fertilizers, farming supplies and pesticides. The payment is released as per the details published on the official website of the scheme <a href="http://pmkisan.gov.in">pmkisan.gov.in</a>. You can follow the steps given below to check the PM Kisan balance. How to check PM Kisan Samman Nidhi status or PM Kisan balance Visit the official website of the Indian Government’s <a href="http://pmkisan.gov.in">PM Kisan Samman Nidhi</a> scheme. You can find the latest updates on the PM Kisan Samman Nidhi on this website. Move the mouse curser on the ‘Farmer’s Corner Section. You will find a drop down menu. Select the option ‘Beneficiary List’. In this list, you will find the status of your application for the PM Kisan Samman Nidhi. Alternatively, you can also click on the direct link <a href="http://pmkisan.gov.in/">pmkisan.gov.in</a>. Here also you will find the PM Kisan Samman Nidhi list for your village. In this list, you will find the name of the farmer and the amount allotted for the farmer in their bank account. After landing on the beneficiary list of the PM Kisan Samman Nidhi, you need to choose the name of your state, district, Sub-District, Block and Village one by one from the drop down menus. Once you have selected all these entries, you must click on the ‘Get Report’ section for checking the list of your village for the details of the Kisan Samman Nidhi with regard to this present phase. On the list of Kisan belonging to your village, choose your name from the alphabetical list to know the status of the financial aid given to you under this scheme. See Also - <a href="https://www.businessinsider.in/finance/article/how-to-check-pradhan-mantri-jan-dhan-yojana-account-balance/articleshow/75182470.cms">How to check Pradhan Mantri Jan Dhan Yojana Balance</a>

How to check PM Kisan scheme money and balance

New Delhi, Feb 24 () On the first anniversary of launch of the government's ambitious PM-Kisan scheme, Agriculture Minister Narendra Singh Tomar on Monday launched a mobile app to broaden the reach of the programme that aims to provide annually Rs 6,000 to each eligible farmer. The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) was launched on February 24, 2019 in Uttar Pradesh and all states are implementing the scheme, except for West Bengal. So far, 9.74 crore farmers are registered under the scheme against the target of 14 crore farmers. Of which, the payment has been made to 8.45 crore farmers so far after the data has been verified by the state governments, as per the official data. Launching the mobile app, the Minister said this has been developed to broaden the reach of the scheme, which is playing an important role in achieving the target of doubling farmers income by 2022. Using the mobile app, farmers can know the payment status, correct name as per Aadhaar, know registration status and scheme eligibility besides helpline numbers and self registration features, he said. The mobile app has been developed and designed by the National Informatics Centre, Ministry of Electronics and Information Technology. Already, a portal on PM-Kisan is in place for registration under the scheme. It provided end-to-end technology solution for transferring the benefits directly into the accounts of registered farmers. There is a farmers' corner on the portal where they can themselves or with the help of common service centres can file their request online and check the status of their application or make correction in name as per Aadhaar etc. LUX DRR

Govt launches mobile app to broaden reach of PM-Kisan

New Delhi, Feb 24 () The Union Agriculture Minister Narendra Singh Tomar on Monday asked the West Bengal government to join the ambitious central scheme, PM-Kisan, which completed one year of operation without the state on board. Barring West Bengal, all other states and union territories are implementing the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) which has benefited 8.45 crore farmers so far in the country, against the target of 14 crore farmers. The minister also launched PM-Kisan mobile App on completion of one year of the implementation of the scheme. Tomar said: "West Bengal has not yet joined the scheme. There are 70 lakh farmers in the state. Benefits worth about Rs 4,000 crore will reach to these farmers if implemented." Of the 70 lakh farmers from the state, about 10 lakh farmers have already self-registered for the scheme via the online portal of PM-Kisan, he said and added the cash benefit to these farmers will reach once the state government verifies the data. Stating that the cash benefit under the scheme will not only help farmers but also boost the state economy, Tomar said: "Our officials have approached the state government in this regard many times. I have also written twice to the chief minister urging to join the scheme. But no reply has come yet from the CM." Tomar said some states like Andhra Pradesh, Bihar and Sikkim are slow in authenticating their farmers' data and the central government is pursuing with them seriously. The aim is to achieve the target of 14 crore farmers by next year. On PM-Kisan portal, the centre has received data of total 9.74 crore farmers. Already, payment has been made to 8.45 crore farmers, he said. About 85 per cent of the farmers data registered under the scheme has been Aadhar verified, the rest will be completed soon, he added. Under the scheme, the centre is paying Rs 6,000 annually in three equal installments to eligible farmers. LUX DRRDRR

Centre appeals WB govt to join PM-Kisan scheme

New Delhi, Feb 1 () The government has proposed a lower allocation of Rs 54,370.15 crore for PM-Kisan scheme this fiscal, as against the budget projection of Rs 75,000 crore because of implementation hurdles in some states, according to the Budget document.
 Despite lower outgo on the PM-Kisan scheme -- under which Rs 6,000 is being provided to eligible farmers per year in three equal instalments, the government has kept the budget estimate for the next fiscal at the same level of Rs 75,000 crore.
 The government has disbursed over Rs 43,000 crore to more than 8 crore farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme so far.
 According to sources, the allocation has been reduced in the Revised Estimate (RE) for the current fiscal as some states, including West Bengal, have not rolled out this scheme and many others do not have proper data of the farmers.
 The projection of the number of beneficiary farmers has also been lowered to 14 crore from the earlier 14.5 crore. LUX MJH DRR

Govt cuts allocation for PM-Kisan by 27.5 pc for this fiscal

New Delhi, Apr 13 () The government has disbursed Rs 16,621 crore to about 8.31 crore beneficiary farmers under the PM-KISAN scheme since March 24, the day lockdown was announced to curb COVID-19.The total amount released during the lockdown period also includes last year's due payment of Rs 1,674.43 crore which has been disbursed to 83.77 lakh beneficiary farmers, an official statement said.The rest Rs 14,945 crore has been released to 7.47 crore farmers as the first installment under the PM-KISAN for the 2020-21 fiscal which started from April 1.Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, the Centre transfers an amount of Rs 6,000 per year, in three equal instalments, directly into the bank accounts of farmers, subject to certain exclusion criteria relating to higher income status.To give immediate relief to farmers affected by the nationwide lockdown, the government had on March 27 promised to transfer the first installment of Rs 2,000 to each of 8.69 crore beneficiaries under the scheme, in the first week of April.Besides, the Centre said it has dispatched 3,985 tonnes of pulses for free delivery to PDS beneficiaries under the Pradhan Mantri Garib Kalyan Yojana (PM-GKY).The Union Agriculture Ministry has also decided to allow 'Truthful Label seeds' for subsidy components for the North East, Hilly regions and the UTs of Jammu &amp; Kashmir only, for all crops under National Food Security Mission.The ministry further said organic products are being delivered in Punjab at doorstep in the specially designed electric van under Paramparagat Krishi Vikas Yojana (PKVY).In Maharashtra, 21,11,171 quintals of fruits and vegetables have been sold by 27,797 Farmer Producers Organisations (FPOs) in 34 districts by online/direct sale method, it added. LUX MR

Govt disburses Rs 16,621cr under PM-KISAN since lockdown

New Delhi, Dec 12 () As many as 43.20 lakh farmers from Andhra Pradesh have received funds from the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) till November this year, under which the central government gives Rs 6,000 per annum in three equal installments.
 As per the agriculture ministry data, till November this year about 46.86 lakh farmers have been enrolled under the scheme in Andhra Pradesh, out of which the central government has released funds to 43.20 lakh farmers.
 Among districts, the funds were released to about 4.72 lakh farmers in Anantapur, 4.05 lakh in Kurnool, 4 lakh in East Godavari, 3.89 lakh in Guntur, 3.75 lakh in Chittoor, 3.48 lakh in Prakasam, 3.22 lakh in West Godavari and 3.04 lakh in Krishna so far.
 Besides, the funds were released to 2.83 lakh farmers in Visakhapatanam, 2.56 lakh in YSR district, 2.40 lakh in Vizianagaram and 2.28 lakh in Nellore, the data showed.
 The target is to cover 83.82 lakh farmers in Andhra Pradesh under the scheme.
 Under the PM-Kisan scheme, which was launched in February this year, the central government has transferred funds to 7.60 crore beneficiary across the country till November 30. About Rs 35,882.8 crore has so far been disbursed to beneficiaries.
 From December onwards, the Centre has decided to transfer funds under the PM-Kisan to only Aadhaar-authenticated bank accounts of eligible farmers.
 According to the ministry, the release of installments to beneficiary farmers are in various stages of progress. Some farmers have got all three installments, some only two and some only one, depending upon the four-monthly period in which they have been first registered by the concerned state governments. LUX DRR

Centre releases PM-KISAN funds to 43.20 lakh Andhra farmers till Nov

New Delhi, Jan 30 () The government may reduce allocation for the PM-KISAN scheme by 20 per cent to around Rs 60,000 crore in the upcoming Budget due to implementation hurdles in some states, according to sources.
 The Centre had allocated Rs 75,000 crore in the Budget Estimate (BE) for 2019-20 to implement the PM-KISAN scheme, under which Rs 6,000 is being provided to farmers per year in three equal instalments.
 However, sources said the allocation is estimated to have come down to Rs 61,000 crore in the Revised Estimate (RE) for the current fiscal as some states, including West Bengal, have not rolled out this scheme and many others do not have proper data of the farmers.
 The projection of the number of beneficiary farmers has also been pegged lower at 14 crore from the earlier 14.5 crore.
 "The government is expected to allocate around Rs 61,000 crore for 2020-21 fiscal, almost same amount that was provided in the revised estimate for the 2019-20 fiscal," a source said.
 The allocation in revised budget estimate has been lowered as the Central government has so far distributed funds under the PM-KISAN scheme to 8.35 crore farmers, sources added.
 In the interim Budget presented in February 2019, the government had launched the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).
 That apart, the government may increase farm credit target by 10 per cent from Rs 13.5 lakh crore targeted for this fiscal, sources said.
 The target for agriculture credit for this fiscal has already been achieved.
 Sources also said the government may allocate Rs 15,000 crore for farm insurance scheme, up from Rs 14,000 crore in the current year. Already, the government has disbursed Rs 12,135 crore towards premium till December 2019. LUX MJH ABM

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What does Union Budget 2024-2025 have in store for farmers and the agricultural sector?

BI India Bureau

Rural poor, farmers' progress to be government's priority :Budget 2021

IANS