Download - Budget 2014 15 Agriculture sector Edelman

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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