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Agri initiatives will augur well for farm sector

In Budget 2021, the government reinforced its commitment towards farmer welfare and upliftment of the agriculture sector.

image for illustrative purpose

Amith Aggarwal, CEO & Co-Founder, Agribazaar
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1 Feb 2021 11:38 PM IST

In Budget 2021, the government reinforced its commitment towards farmer welfare and upliftment of the agriculture sector. Whether through the continued efforts towards the digitisation of the agri-sector or the expansion of the Agri infra fund, I believe all the initiatives announced in the budget will augur well for India's farmers and farming industry over the short, medium and long-term.

l The rural Agri fund will help drive greater outlay and build a world-class Agri infrastructure. These investments will reduce farm-to-fork wastage and usher scientific crop growing and post-harvest facilities.

l Mandi digitisation will facilitate tech intervention in agriculture, leading to greater efficiency, enterprise and predictability in the sector.

l Agri credit will bridge the gap in rural credit and enable the development of the agriculture sector and its dependent industries.

l Initiatives such as the expansion of irrigation facilities and the inclusion of more perishable items under the Green scheme will increase agri-efficiencies.

l The R&D through agricultural hubs will foster the industry's competitiveness on a global scale.

Overall, I think that the budget is very progressive and industry-friendly. Congratulations to the Finance Minister and all the members of the government for making this possible.

agriculture sector Union Finance Minister Nirmala Sithraman Union Budget 2021-22 Parliament 
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