Budget 2014 15 Agriculture sector Edelman

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Agriculture Committed to introduce 2 nd Green Revolution; Protein revolution Proposes Rs 500 cr farm price stabilisation fund Allocated Rs 200 crores for Agriculture University in AP and Rajasthan, and Horticulture University in Haryana, Telangana Allocated Rs 100 crore to set up Agriculture Infrastructure Fund Proposed to initiate scheme to provide a soil health card; allocated Rs 100 crore towards this and Rs 56 crore for soil testing labs across the country Allocated Rs 1000 crore for improving irrigation tracts Proposed to provide finance to 5 lakh landless farmers through NABARD Announced that state governments be encouraged to develop farming markets Union Budget 2014-15 lays the ground for second green revolution in India

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Transcript of Budget 2014 15 Agriculture sector Edelman

Page 1: Budget 2014 15 Agriculture sector Edelman

Agriculture

• Committed to introduce 2nd Green Revolution; Protein revolution ProposesRs 500 cr farm price stabilisation fund

• Allocated Rs 200 crores for Agriculture University in AP and Rajasthan, andHorticulture University in Haryana, Telangana

• Allocated Rs 100 crore to set up Agriculture Infrastructure Fund

• Proposed to initiate scheme to provide a soil health card; allocated Rs 100crore towards this and Rs 56 crore for soil testing labs across the country

• Allocated Rs 1000 crore for improving irrigation tracts

• Proposed to provide finance to 5 lakh landless farmers through NABARD

• Announced that state governments be encouraged to develop farmingmarkets

Union Budget 2014-15 lays the ground for second green revolution inIndia

Page 2: Budget 2014 15 Agriculture sector Edelman

Agriculture

• Allocated Rs 50 crores for indigenous cattle breed and blue revolution forinland fisheries

• Announced set up of a National Adaption Fund for climate change

• Allocated Rs. 5000 crores towards short time rural credit refinance fund

• Allocated Rs. 200 crores for setting up 2000 producers' organisationsacross the country

• Allocated Rs. 100 crores for Kisan Television to provide real timeinformation on various farming and agriculture issues

• Allocated Rs 5000 crores fund for fresh warehousing capacity

• Proposed to launch broadband connectivity at village level

Union Budget 2014-15 lays the ground for second green revolution inIndia

Page 3: Budget 2014 15 Agriculture sector Edelman

Agriculture

• Allocated Rs 100 crores for development of organic farming in north eastregion

• Proposed to introduce savings in Kisan Vikas Patra; allocated Rs 14389crore for village roads

• Proposed to set up biotech clusters in Bangaluru and Faridabad to takescience and technology to new heights

• Proposed to formulate a new urea policy

• Announced to bring out a solution for GST so as to streamline taxadministration that results in higher tax collection for centre and states

• Proposed to take on priority the restructuring of Food Corporation ofIndia

Union Budget 2014-15 lays the ground for second green revolution inIndia