Thursday, 2 February 2017

Agriculture

Following are the highlights of Union Finance Minister Arun Jaitley's 2017 Budget
speech.
The Union Budget 2017 was broadly focused on 10 broad themes — farmers, rural
population, youth, poor and health care for the underprivileged; infrastructure; financial
sector for stronger institutions; speedy accountability; public services; prudent fiscal
management; tax administration for the honest.

Agriculture
1. Sowing farmers should feel secure against natural calamities.
2. Rs. 10 lakh crore as credit to farmers with 60 days interest waiver says FM
3. NABARD fund to be increased to Rs. 40,000 crore
4. Govt will set up mini lab in Krishi Vigyan Kendras for soiling:
5. A dedicated micro irrigation fund will be set up for NABARD with Rs 5,000 cr
initial corpus
6. Irrigation corpus increased from Rs 20,000 crores to Rs 40,000
7. Dairy processing infrastructure fund with be created initially with a corpus of Rs.
2000 cr
8. Issuance of Soil cards has gained momentum
9. A model law on contract farming will be prepared and shared with States

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