AP Agriculture Budget 2024-25: Key Allocations and Initiatives to Strengthen Andhra Pradesh’s Farming Sector
The Andhra Pradesh government unveiled its Agriculture Budget for 2024-25, allocating ₹43,402 crore to support the state’s farmers and boost agricultural growth. Key initiatives include interest-free loans, subsidized seeds, modern farming tools, soil testing, crop insurance, and infrastructure development across animal husbandry, horticulture, and fisheries sectors.
AP Agriculture Budget 2024-25: Key Allocations and Initiatives to Strengthen Andhra Pradesh’s Farming Sector
AP Agriculture Budget 2024-25 Overview:
The Andhra Pradesh government presented its 2024-25 state budget in the Assembly, introducing a dedicated agriculture budget of ₹43,402 crore. State Agriculture Minister Achchennaidu highlighted the sector as the backbone of the economy, emphasizing the government’s commitment to uplift farmers. Key initiatives include issuing identity cards to tenant farmers, supplying modern farming tools and seeds at subsidized rates, and prioritizing interest-free loans and soil testing through advanced remote sensing technology. Additionally, soil labs will be established to provide micronutrient support for cultivation.
Key Allocations in the Agriculture Budget 2024-25:
Total Agriculture Budget: ₹43,402 crore
Subsidized Seeds: ₹240 crore
Soil Testing: ₹38.88 crore
Seed Distribution: ₹240 crore
Fertilizer Supply: ₹40 crore
Farm Mechanization: ₹187.68 crore
Interest-Free Loans: ₹628 crore
Annadata Sukhibhav: ₹4,500 crore
Rythu Seva Kendras: ₹26.92 crore
Integrated Agri Labs: ₹44.03 crore
Crop Insurance: ₹1,023 crore
Department of Agriculture: ₹8,564.37 crore
Horticulture: ₹3,469.47 crore
Silk Industry: ₹108.44 crore
Agricultural Marketing: ₹314.8 crore
Cooperative Department: ₹308.26 crore
Natural Farming Initiatives: ₹422.96 crore
NG Ranga University: ₹507.3 crore
Udyana University: ₹102.22 crore
Agricultural Animal University: ₹171.72 crore
Fisheries University: ₹38 crore
Animal Husbandry: ₹1,095.71 crore
Fisheries Development: ₹521.34 crore
Free Agricultural Electricity: ₹7,241.3 crore
Employment Guarantee Scheme: ₹5,150 crore
NTR Jalasiri (Irrigation Support): ₹50 crore
Maintenance of Irrigation Projects: ₹14,637.03 crore
Minister Achchennaidu noted that these initiatives aim to support the 62% of Andhra Pradesh’s population dependent on agriculture, addressing rural development needs and bolstering agricultural growth through substantial investment assistance and modernized infrastructure.