Budget 2024 : A Bid to Woo Farmers, Or a Dry Spell

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During the interim budget, a significant hike in the instalment of the Centre’s flagship cash transfer scheme PM KISAN scheme was expected. Experts say the need of intervention is ardently required on the agri infrastructure front as farmers often face the woes of post-harvest losses. The govt will formulate a strategy to make the country self-reliant.

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Making India self-reliant in oilseeds such as mustard, groundnut, sesame, soybean and sunflower is expected to remain a focus area of the budget as India currently has to import a large quantity of edible oils to meet its domestic demand. Industry experts feel that the Agriculture Accelerator Fund and Digital public infrastructure fund are likely to be focused on strengthening the agribusiness ecosystem in the country.

Presentation- Dibyabharati Nayak

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