Farmers need to be supported to create a quality agricultural market.
The budget allocated 2.83 million crore rupees (about 395.79 billion dollars) for rural India: 1.60 million crore rupees (221.64 billion dollars) for agriculture, irrigation and related activities, as well as 1.23 million crore rupees ($ 174.15 billion) for rural development of Panchayati Raj.
Farmers from the Indian state of Chhattisgarh use Pepsi and Coca-Cola to protect their rice fields from pests. These drinks successfully replace pesticides and provide savings of 14-21 cents.
“Distortions in the farmers and livestock markets must be eliminated. The purchase of agricultural products and agro services requires a plentiful investment. Significant support and manual management of farm activities such as livestock, apiary, and fishing is needed, ”said Finance Minister Nirmala Sitharaman. She also said the government will promote efficient storage facilities as part of a public-private partnership model. According to experts, this step will help farmers. For better access to the market, the government will help farmers to transport agricultural products to national and international markets.
Industry leaders welcomed the emphasis on the budget for agriculture. “We welcome the continued emphasis on agriculture and health in the union budget. These sectors are fundamental to both welfare and the economy, ”said Meraine Dekkers, Managing Director of Bayer Crop Science Ltd.
- Today, Indian farmers are invariably over the age of 40, which is a big problem for the Indian agricultural sector and for all people surviving on the food they produce, Indian farmers are aging.
- Over the past few days, areas of central, eastern and southern India have been exposed to heavy rains, which created havoc during the harvest, through which total seasonal rainfall in India exceeds the norm by 5%, an increase of 24% was recorded in central India, which led to flooding during many areas.
- Grimme, a German manufacturer of a full line of potato, beet and vegetable technology, has announced a joint venture to develop and sell potato technology and other root vegetables in India.