Union Budget for Agriculture Expecting Extraordinary Efforts
Rural & Marketing|January 2017

With an aim to ensure higher productivity, the Government is expected to pay more and adequate attention on agriculture in the coming Budget. Expectations run high. Can we expect a higher budgetary provision, incentives, cheap farm credit, measures for better outcome, efforts for efficient implementation of existing schemes and announcement of a few new schemes?

BK Jha
Union Budget for Agriculture Expecting Extraordinary Efforts

Agriculture sector affects the overall growth of economy in multiple ways. Notwithstanding tall claims of the Centre for introducing big reforms and several schemes to push farm productivity and farmers’ income, the quality, delivery mechanism, cost, credit, schemes outcome and programme implementation remain lackluster and unsatisfactory. Post demonetisation, farmers, who were already facing tough times, are eagerly waiting for tangible solutions to put agriculture sector on the path to prosperity.

Expectations run high ahead of Union Budget 2017-18, to be presented by Union Finance Minister Arun Jaitley on February 1, 2017. Obviously, all stakeholders of the sector are keeping their finger crossed. It is expected that Union Budget would be special in many ways. First of all, the Government is departing from the colonial era tradition of presenting it on the last working day of February. Now, it comes on February 1, 2017.

Union Budget 2017-18 comes at a time when Rabi season would be on its peak. Farming community would be much more interested in knowing what is in the store for them. Given the priority accorded to agriculture sector by the Government, it is expected that more money would be infused through Budget for several Central flagship schemes for agriculture and allied sectors. The bigger question is- whether the government would show its willingness to increase the overall Budgetary provision to the sector by allocating 10 percent of its total plan outlay to it? The answer is eagerly awaited. It is obviously an expectation, based on immediate, mid and long term requirements of the sector, and terming it as a wishful thinking would lead to undermine the realistic ground conditions.

Diese Geschichte stammt aus der January 2017-Ausgabe von Rural & Marketing.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der January 2017-Ausgabe von Rural & Marketing.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS RURAL & MARKETINGAlle anzeigen
Vision For Vision Eye Mitra Plans To Train 10,000 Opticians In Rural India By 2020
Rural & Marketing

Vision For Vision Eye Mitra Plans To Train 10,000 Opticians In Rural India By 2020

Eye Mitra Optician programme, run by 2.5 New Vision Generation (2.5 NVG), a division of Essilor India has trained and created 2,500 rural youth to be opticians in their villages in three years. 2.5 NVG plans to take the number to 10,000 by 2020. Milind Jadhav, head, 2.5 NVG - India, talks to Mohd Mustaquim about the programme and its impact.

time-read
5 Minuten  |
March 2017
Post Budget 2017-18  10 Strategies Companies Must Follow To Tap Rural Markets
Rural & Marketing

Post Budget 2017-18 10 Strategies Companies Must Follow To Tap Rural Markets

Companies ranging from FMCG, Consumer durables to Auto, Budget 2017-18 has several reasons for them to smile as rural demand is expected to increase. Companies now gear up to capture the markets and preparations are on. BK Jha Reports.

time-read
5 Minuten  |
March 2017
Why should you invest in Rajasthan's Agriculture Sector​​​​​​​
Rural & Marketing

Why should you invest in Rajasthan's Agriculture Sector​​​​​​​

The state government is organising Rajasthan Global Agritech Meet (GRAM) in Jaipur on November 9-11 and it aims at doubling farmers' income by 2022.

time-read
2 Minuten  |
October 2016
Agri Enterprises Will Get Customised Policy for Different Investment Slabs
Rural & Marketing

Agri Enterprises Will Get Customised Policy for Different Investment Slabs

Rajasthan Government is organising an International Agritech Conference cum exhibition in Jaipur in November this year. Senior Cabinet Minister Yoonus Khan spearheaded the New Delhi Roadshow for the event. In an exclusive interview with BK Jha, he spoke about investment opportunities in the state.

time-read
3 Minuten  |
October 2016
Rabi Campaign Be Wise, Sow Wisely
Rural & Marketing

Rabi Campaign Be Wise, Sow Wisely

The Union Agriculture and Farmers Welfare Minister Radha Mohan Singh asks farmers to fix crop wise targets and to introduce new technologies & practices in the agriculture sector. BK Jha analyses the prospects of the forthcoming Rabi crops and achievement of Kharif season 2016.

time-read
7 Minuten  |
November 2016
Bone-numbing truth of Osteoporotic epidemic in India
Rural & Marketing

Bone-numbing truth of Osteoporotic epidemic in India

The number of bone related cases and fractures occurring due to Osteoporosis problem is steadily increasing BK Jha

time-read
2 Minuten  |
November 2016
RPCAU Will Be The Prime Mover Of Second Green Revolution In Eastern India
Rural & Marketing

RPCAU Will Be The Prime Mover Of Second Green Revolution In Eastern India

The fourth oldest agricultural university in India, Dr. Rajendra Prasad Central Agriculture University (RPCAU), formerly known as Rajendra Agricultural University (RAU) has played an important role in agricultural development in the eastern states. Located at Pusa in Samastipur, Bihar, the varsity has now upgraded to Central University in May 2015. It is seen as a big driver of second Green Revolution, expected to be taken place in the region. Dr. RC Srivastava, Vice Chancellor, RPCAU talks to Mohd Mustaquim on the various issues related to second Green Revolution and agricultural research in the region.

time-read
6 Minuten  |
February2017
Take Over Tussle Takes Off
Rural & Marketing

Take Over Tussle Takes Off

The Ministry of Food Processing Industries (MoFPI) seeks complete control over organisations which do not come under its administrative control but has onus of developing business related to these agencies. Tussle with two other ministries has now reached to the highest level-PMO. An exclusive Report by Mohd Mustaquim.

time-read
5 Minuten  |
February2017
Genetic editing Technology would replace GMOs for Agricultural Advancement
Rural & Marketing

Genetic editing Technology would replace GMOs for Agricultural Advancement

In a candid interview with Tafeem Siddiqui, Father of Green Revolution MS Swaminathan says the government should invest more public sector research which is transforming agriculture and gene editing technology is the new mantra for higher productivity

time-read
9 Minuten  |
April 2017
Demonetisation Dairy Dares
Rural & Marketing

Demonetisation Dairy Dares

Diary organisations procure milk from lakhs of farmers. Some have been making payments to farmers through bank transfers while some are still disbursing cash. The demonetisation move has changed the way Indian dairy sector functions. Mohd Mustaquim reports on how dairy dares to take the challenge.

time-read
5 Minuten  |
January 2017