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    The Ministry of Agriculture and Cooperatives was allocated Rs 1,32,514 crore for 2022-23, a 4.5% increase over the previous year. Agriculture accounts for 15% of India's GDP but employs over 40% of the population. The budget targets increased funding of Rs 20 lakh crore for animal husbandry, dairy and fisheries. An Agriculture Accelerator Fund will be set up to encourage rural start-ups and digital infrastructure will be expanded to better inform farmers. New programs will also promote horticulture crops and millets while storage capacity is increased to help farmers sell when prices are higher.

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    The Ministry of Agriculture and Cooperatives was allocated Rs 1,32,514 crore for 2022-23, a 4.5% increase over the previous year. Agriculture accounts for 15% of India's GDP but employs over 40% of the population. The budget targets increased funding of Rs 20 lakh crore for animal husbandry, dairy and fisheries. An Agriculture Accelerator Fund will be set up to encourage rural start-ups and digital infrastructure will be expanded to better inform farmers. New programs will also promote horticulture crops and millets while storage capacity is increased to help farmers sell when prices are higher.

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    8 views6 pages

    Shourya

    Uploaded by

    shourya
    The Ministry of Agriculture and Cooperatives was allocated Rs 1,32,514 crore for 2022-23, a 4.5% increase over the previous year. Agriculture accounts for 15% of India's GDP but employs over 40% of the population. The budget targets increased funding of Rs 20 lakh crore for animal husbandry, dairy and fisheries. An Agriculture Accelerator Fund will be set up to encourage rural start-ups and digital infrastructure will be expanded to better inform farmers. New programs will also promote horticulture crops and millets while storage capacity is increased to help farmers sell when prices are higher.

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    of 6

    BUDGET 2023-2024

    AGRICLTURE AND
    COOPERATIVES

    BY- Shourya Rastogi


    Sukriti Lata
    • HISTORY

    • The Ministry has been allocated Rs


    1,32,514 crore in 2022-23, a 4.5%
    increase over the revised estimates
    of 2021-22.

    • Agriculture accounts for about 15%


    of the GDP but employs more than
    40% of Indian workers.
    • TARGETED FUNDING

    ₹20 lakhs crore agriculture credit


    targeted at animal husbandry,
    dairy and fisheries sector.

    • SETTING UP AGRICULTURE
    ACCELERATOR FUND

    For encouraging innovative start-


    ups in rural areas.
    • BUILDING DIGITAL PUBLIC
    INFRASTRUCTURE

    Building an accessible inclusive and


    informative solution for farmer.

    • ATMANIRBHAR BHARAT
    HORTICULYURE CLEAN PLANT
    PROGRAM TO BE LAUNCHED

    To boost production of high value


    horticultural crops.
    • MARKING INDIA GLOBE HUB
    FOR MILLETS: “SREE ANNA’’

    Support to be given to IIMR(India


    Institute of Mullet Research),
    Hyderabad for promoting research.

    • SETTING-UP OF WIDLY
    AVAILABLE STORAGE
    CAPACITY
    Will enhance farmers’ remuneration
    by enabling sale at appropriate
    times
    THANK YOU

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