Budget 2018: Govt’s Boost To Agriculture Sector

Delhi: Indian Finance minister Arun Jaitley on Thursday outlined a slew of measures to boost agricultural production and the rural economy.

The focus of the government next year will be to provide maximum livelihood opportunities in rural areas by spending more on livelihood, agricultural and allied activities and construction of rural infrastructure.

The government will also make efforts to link villages and rural roads to agriculture markets, Jaitley Said.

READ Highlights of India Budget 2018-19

Amid several challenges such as rising crude prices, uncertainty on revenue collections post-GST, upcoming elections, desire to revive the GDP growth and an endeavour to double farm incomes, the government presented a moderately balanced budget. in India two-thirds of the population depending on agriculture, this podcast covers a much deserving sector.

Agriculture Crop insurance

The 21 percent increased allocation towards Crop insurance schemes, at Rs 13000 crores, will help in stabilizing and stabilizing farmer incomes and protecting farmers from anomalies of weather, crop damage and market dynamics.

Irrigation changes

The government has allocated Rs 2600 crore towards irrigation reforms and announced incentives for rapid development and penetrations of farm irrigations systems. This would help to reduce dependency on weather and monsoons.

Stay Connected

19,945FansLike
800FollowersFollow
40FollowersFollow
550FollowersFollow

Must Read

PM Modi Says Centre Working to Deliver Covid-19 vaccine Quickly

PM Mod Lockdown may have gone but the virus has not, India cannot let its guard down, says. The prime minister Narendra Modi said...

Actor Karthi Becomes A Father To A Baby Boy

US return actor Karthi becomes a father to a baby boy. He tweets, "I have a baby boy. It is not enough just to...

Hyderabad Rains: Tollywood Actors Donated Funds For CMRF

Hyderabad: Tollywood Superstars Vijay Deverakonda, Chiranjeevi, Nagarjuna, Jr NTR, and Mahesh Babu have contributions to the relief fund set up by Telangana Chief Minister...

High Court Dismiss Rajinikanth’s Plea Against Property Tax

The Madras High Court rejects Rajinikanth’s Plea against his Property Tax for Raghavendra Marriage Hall. The court has warned Rajinikanth stating it would penalise...

Related News

Vijay Sethupathi’s Daughter Sexually Harassed Man In Sri Lanka

Tamil Actor Vijay Sethupathi's Daughter Sexually Harassed Man In Sri Lanka founded by Chennai Crime branch police. It has been revealed that the person...

WhatsApp Web Allow To Make Voice And Video Calls Soon

WhatsApp users will be able to make calls or video calls from the web app of WhatsApp. WhatsApp is developing a lot of exciting...

Tamil Nadu Allowed All Shops To Operate Till 10 PM

Chennai: The Tamil Nadu Chief Minister Edappadi K. Palaniswami has asked the public to avoid overcrowding in shops including restaurants, tea stalls and shopping...

PM Modi’s Speech BJP Turned Off ‘Dislike’ Button on YouTube

Indian Prime Minister Narendra Modi's address to the people on Tuesday evening at 6.00 PM. It was live broadcast on the BJP's official YouTube...

PM Modi Says Centre Working to Deliver Covid-19 vaccine Quickly

PM Mod Lockdown may have gone but the virus has not, India cannot let its guard down, says. The prime minister Narendra Modi said...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.