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Agri Budgeting Blues

AgroSpectrum

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AgroSpectrum India Sep 2024

Budgeting blues is a wonderful term to identify what you have and what is necessary to investigate the need. When one deciphers the current Budget specifically for the farm sector blues, there is little Khushi (Happiness) and more Gum (sadness).

- DR CD MAYEE

Agri Budgeting Blues

A day before the Union Budget was presented in the Parliament, the Economic Survey Report presented a gloomy picture of Indian agriculture which can be called an honest confession. Although it reports that the agriculture sector has the potential to become the growth engine, its success lies in policy changes, and some should be reflected in the Budget. According to the survey, around 89.4 per cent of the farmers in India have less than 2 hectares of land and it has not been possible to increase the income of farmers by production of farms without supporting the allied sectors like poultry, livestock, aquaculture, sericulture, and beekeeping etc. Let's dissect and examine the ground realities of various government schemes and initiatives, including the recent Union Budget.

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