Union Finance Minister Nirmala Sitharaman, while presenting the Interim Budget 2024-25, said that efforts of value addition in the agri sector and increasing farmers’ income will be stepped up, adding, 11.8 crore farmers – including marginal and small farmers – provided financial assistance under PM KISAN Yojana through direct financial assistance.
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She added that the minimum support prices for ‘Annadata’ (farmers) increased periodically, appropriately. She stated that the poor, women, youth, and farmers are four castes for our government. She said that Pradhan Mantri Kisan Sampada Yojana has benefited 38 lakh farmers and generated 10 lakh jobs. Adding more, she said that PM Formalization of Micro Food Processing Enterprises Yojana has assisted 2.4 lakh SHGs and 60,000 individuals with credit linkages. She even mentioned that other schemes are helping reduce post-harvest losses and improving productivity and incomes.