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- Budget 2023 seeks to achieve the objective of doubling the income of farmers, accelerated growth of the sector and achieving nutritional security through enhanced focus on investments and financial support (increased agricultural credit target, set up of Agriculture Accelerator Fund), enhancing infrastructure (decentralised storage facilities, critical infrastructure projects to be undertaken), research and development (setting up of COEs for AI based solutions, labs for developing applications...
www.ey.com/en_in/alerts-hub/2023/02/budget-2023-agriculture-sectorLatest Union Budget Highlights for Agriculture Sector | EY India
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May 25, 2024 · Union Budget 2023 Highlights for Agriculture Sector, Complete Analysis. A total of Rs 1.25 lakh crore has been allocated for the Ministry of Agriculture and Farmers' welfare in the Budget. Check Highlights of Union Budget 2023-24 for the Agriculture Sector for UPSC exam.
Feb 1, 2023 · Highlights of Union Budget 2022-23 in the Agriculture Sector. Agriculture and rural startups will receive funds from NABARD.
The Hon’ble Finance Minister, presented the Union Budget 2023 on 1 February 2023 in the Lok Sabha. Budget 2023 seeks to achieve the objective of doubling the income of farmers, accelerated growth of the sector and achieving nutritional security through enhanced focus on investments and financial support (increased agricultural credit target ...
Feb 1, 2023 · While the overall budget has grown at a compound annual growth rate (CAGR) of 11 per cent in the past decade, allocations to agriculture sector and rural development have increased at a CAGR of ~12 per cent.
Mar 29, 2023 · The Union Budget 2023-24 has three main objectives: to offer ample opportunities to citizens, provide a strong boost to growth and job creation, and enhance macroeconomic stability. Problems for Agriculture Sector. The agriculture sector is currently viewed as economically unsustainable.
Cash transfer of ₹2.2 lakh crore to over 11.4 crore farmers under PM Kisan Samman Nidhi. Seven priorities of the budget ‘Saptarishi’ are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector.
Mar 3, 2023 · The following are the highlights of the Union Budget's focus on agriculture: Support for Agriculture and Rural Startups: The National Bank for Agriculture and Rural Development (NABARD) will provide funds to support agriculture and rural startups.
