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ICAR budget set to rise amid focus on food production
Mint Mumbai
|January 30, 2024
The expected allocation hints at the Centre's commitment to bolstering agricultural research
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The Indian Council of Agricultural Research (ICAR), the research arm of the agriculture ministry, is set to receive what two ministry officials called a "significant" boost in its budget for the upcoming financial year.
According to the officials, there is a proposal for an increase of up to 10%, resulting in a total budget of 10,454 crore, compared with a 9% increase in the last budget.
This underscores the government's commitment to strengthening agricultural research and development, they said, assuming significance in the context of the government's focus on agricultural research to increase foodgrain production.
Financial priorities unveiled in the 1 February interim budget are set to reflect the government's strategic focus on fostering advancements and innovation within the agricultural landscape, one of the officials said.
This potential rise in funding for ICAR signifies a proactive approach towards enhancing research capabilities, promoting sustainable agricultural practices, and addressing the evolving challenges faced by the agriculture sector.
Denne historien er fra January 30, 2024-utgaven av Mint Mumbai.
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