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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 () 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

By Ashwini Shrivastava New Delhi, Feb 5 () Over five crore farmers were yet to get the third instalment of money under the Centre's ambitious PM-Kisan scheme, aimed at providing direct support of Rs 6,000 annually to them, according to the latest Ministry of Agriculture and Farmers' Welfare data.The total amount of the scheme, which came into effect on December 1, 2018, is to be paid in three equal instalments of Rs 2,000 every four months.The data showed about 2.51 crore farmers have not got even the second instalment and 5.16 crore of them were yet to get the third instalment.Over 9 crore farmers have registered themselves under the scheme between December 2018 and November 2019, it said.Of these, 7.62 crore or 84 per cent of farmers have received the first instalment.The money through the second instalment was given to nearly 6.5 crore farmers and the amount under the third instalment was given to 3.85 crore beneficiaries, according to the data received in response to an RTI query filed by this journalist.The agriculture ministry, in its response, gave three sets of data mentioning the benefits given to farmers under the scheme between December 2018 and November 2019.It said 4.74 crore farmers were registered between December 2018 and March 2019.Of them, 4.22 crore received the first instalment, 4.02 crore the second and 3.85 crore the third. There was no mention why nearly 50 lakh, 70 lakh and 90 lakh registered farmers during this period did not get the first, second and third instalment respectively.There was no registered beneficiary in West Bengal and Sikkim, hence no amount was disbursed during this period, according to the data.Giving details of the 3.08 crore farmers registered between April and July last year, it said 2.66 crore and 2.47 crore beneficiaries have got their first and second instalments respectively.The RTI reply did no mention why around 40 lakh and 61 lakh registered farmers during this period did not get their first and second instalment respectively."The beneficiaries are eligible for the instalment for the period in which he/she gets registered and subsequent periods, thereafter. Therefore, the third instalment is not due for the beneficiaries registered in the period April 2019-July 2019," the ministry said.There was no registered beneficiary during this period in West Bengal, Punjab and Chandigarh and therefore nobody was paid first and second instalments.The ministry said around 1.19 crore beneficiaries were registered between August and November 30, 2019, of these nearly 73.66 lakh farmers have been given the first instalment.There was no mention of payment of first instalment to over 45 lakh eligible beneficiaries during the period."The beneficiaries are eligible for the instalment for the period in which he/she gets registered and subsequent periods, thereafter. Therefore, the second and third instalments are not due for the beneficiaries registered in the period August 2019 to November 2019," it said.The ministry was asked to provide the total number of farmers, state-wise, and the amount received by them under the Pradhan Mantri Kisan Samman Nidhi or PM-Kisan scheme."PM-Kisan Samman Nidhi scheme has been implemented from December 1, 2018. It is stated that PM-Kisan is a continuous and ongoing scheme, in which the financial benefits are transferred to the bank accounts of the identified beneficiaries as and when their correct and verified data is uploaded by the concerned states/union territories on PM-Kisan web portal," the ministry said in the RTI response vide its letter dated December 26, 2019.The data of beneficiaries so uploaded by them undergoes a multi-level verification, including by banks, and only then the amount is released to the beneficiary, it said, adding that www.pmkisan.gov.in website can be accessed to get more details on the operational guidelines of the scheme.According to the data updated on the website on February 3, around 8.82 crore farmers have been registered and 8.41 crore have received the first installment, 7.56 crore the second instalment, 6.19 crore the third and 3.03 crore have received the fourth installment.In Assam, out of 16.97 lakh farmers registered during this period, 14.02 lakh got the first instalment, 13.72 lakh received the second and 9.87 lakh the third.Of the 42.34 lakh registered beneficiaries in Maharashtra, 36.98 lakh got the first instalment, 31.53 lakh the second and 27.67 lakh got the third instalment.As many as 23.83 lakh farmers in Kerala received their first instalment, 18.79 lakh got the second and 18.43 lakh the third. A total of 26.13 lakh beneficiaries were registered in the state between December 2018 and March 2019.There was no beneficiary registered during the period from West Bengal, which has refused to implement the scheme, according to the ministry's response.In Uttar Pradesh, nearly 9.57 lakh out of 19.64 lakh farmers have got the first instalment. In Gujarat, nearly 1.22 lakh out of 1.98 lakh registered farmers got the first instalment.Around 9.78 lakh farmers out of the 17.18 lakh registered beneficiaries have received the first instalment in Madhya Pradesh. In Odisha, only 5,507 farmers out of 5.6 lakh registered farmers have got the first instalment, the ministry said.None of the 7,326 farmers registered in Sikkim was paid the first instalment, according to the ministry's reply. In Delhi, 1,447 farmers out of 1,734 have got the first instalment. AKV ABHABHABH

Over 5 cr farmers yet to get 3rd instalment of PM-Kisan scheme: Govt data

New Delhi, May 9 () Finance Minister Nirmala Sitharaman on Saturday said Rs 18,253 crore has been disbursed to 9.13 crore farmers under the PM-KISAN scheme during the ongoing nationwide lockdown. Under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme, each farmer gets Rs 6,000 in a year in three equal installments directly in bank account. Front-loading the release of the first installment under the PM-KISAN scheme was part of the Rs 1.70 lakh crore Pradhan Mantri Garib Kalyan Package (PMGKP) announced on March 26 to protect the poor from the impact of the coronavirus lockdown. The lockdown was imposed by Prime Minister Narendra Modi on March 25 to curb the spread of COVID-19, and since then it has been extended twice. With regard to further assistance to farmers, the finance minister said that 3 crore farm loan borrowers have opted for a three-month moratorium. "Since March 2020, 9.13 crore farmers have been paid Rs 18,253 crore under PM-KISAN during the #lockdown. About three crore farmers with agri loans totaling Rs 4,22,113 crore availed the benefit of the 3-month loan moratorium," Sitharaman said in a tweet. The Reserve Bank of India (RBI) on March 27 allowed banks to grant moratorium on installments of term loans, scheduled to be paid between March 1 and May 31. In order to ease burden on loan borrowers, she said, "PSBs contacted more than 95% of borrowers eligible for emergency credit lines &amp; working capital enhancements between March 20 - May 6. The amount sanctioned jumped to Rs 54,544 crore, more than double the amount 2 days ago. Number of cases covered more than tripled." In an effort to promote rural employment through infra projects, the government has rendered support to states under the Rural Infrastructure Development Fund (RIDF). "Support of Rs 4224 cr was provided to states under RIDF during Mar, 2020 for promoting rural employment through infra projects. Working capital limit of Rs 6700 cr has been sanctioned for procurement of agriculture commodities to State Govt entities since Mar, 2020," she said in another tweet. The RIDF is a pool created by shortfall of specified priority sector lending of banks. The fund is managed by National Bank for Agriculture and Rural Development (NABARD) is thus utilised for development of rural infrastructure in the country. Domestic commercial banks contribute to the fund to the extent of their shortfall in stipulated priority sector lending to agriculture. The main objective of the fund is to provide loans to state governments and state-owned corporations to enable them to complete ongoing rural infrastructure projects. DP MKJMKJ

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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

How to check PM Kisan scheme money and balance

BI India Bureau

Centre appeals WB govt to join PM-Kisan scheme

PTI

Over 5 cr farmers yet to get 3rd instalment of PM-Kisan scheme: Govt data

PTI

Govt disburses Rs 18,253 cr to 9.13 cr farmers under PM-KISAN scheme during lockdown

PTI

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