Govt aims to double income of farmers by 2022; plans unified agricultural marketing e-platform

New Delhi: The Union Finance Minister, Arun Jaitley while presenting the General Budget today said that his Government intends to go beyond Food Security and give back a sense of income security to our farmers.
budget 2016 govt aims to double income of farmers...
India TV Business Desk February 29, 2016 14:27 IST

New Delhi: The Union Finance Minister, Arun Jaitley while presenting the General Budget today said that his Government intends to go beyond Food Security and give back a sense of income security to our farmers. In this regard, his Government intends to double the farmers' income by 2022.  He allotted Rs. 35,984 cr for agriculture and farmers' welfare.

He said that his government intends to address issues of optimal utilization of water resources, create new infrastructure for irrigation, conserve soil fertility with balanced use of fertilizer and provide connectivity from farm to market. 

Jaitley said that out of 141 million hectares of net cultivated area only about 65 million hectares are irrigated. In this regard, he announced ‘Pradhan Mantri Sinchai Yojana', to be implemented in a mission mode to bring another 28.5 lakh hectares under irrigation.   He said that 89 projects under AIBP will be fast tracked which will help to irrigate another 80.6 lakh hectare. He promised to complete 23 of these projects before 31stMarch, 2017.  These projects require Rs.17,000 crores  next year and Rs. 86,500 crore in the next five years.

 The Union Finance Minister announced to create a dedicated Long Term Irrigation Fund in NABARD with an initial corpus of Rs. 20,000 crore.  A similar program for sustainable management of ground water resources, with an estimated cost of Rs.6,000 crores has been proposed for multilateral funding.  He also said that allocations under MGNREGA will be used for creating atleast 5 lakh farm pond and dug wells in rain fed areas and 10 lakh compost pits for organic manure production.

Jaitley has set the target for Soil Health Card Scheme coverage to 14 crore farm holdings by March, 2017. This will help farmers to make judicious use of fertilizer. He said that 2000 model retail outlets of Fertilizer companies will be provided with soil and seed testing facilities in the next 3 years.   He announced a policy to convert city waste to compose under Swachh  Bharat Abhiyan.  Fertilizer Companies will co-market these compost .

The FM announced ‘Parmparagat Krishi Vikas Yojana' for  bringing 5 lakh acres of rain fed areas under organic farming.  He launched a scheme ‘Organic value chain development in North East Region' to make their organic produce find domestic and export markets.  Number of pulses districts under National Food Security Mission has been increased to 622.

Jaitley announced that a Unified Agricultural Marketing E Platform will be dedicated to the Nation, on the birthday of Dr. Baba Saheb Ambedkar on 14th April, this year. He also said that, the completion target of ‘Pradhan Mantri Gram Sadak Yojana' will be advanced from 2021 to 2019, to connect the remaining 65,000 eligible habitations. 

 The Union Finance Minister, Jaitley announced 3 specific initiatives to ensure MSP reaches to all the farmers.  First, the remaining State will be encouraged to take-up decentralized procurement.  Second, an online Procurement System will be undertaken through the Food Corporation of India.   Third, effective arrangements will be made for pulses procurement. 

He announced that four new initiatives to make dairying more remunerative to the farmers.  First, ‘Pashudhan Sanjivani', an animal wellness programme and provision of Animal Heaalth Cards (‘Nakul Swasthya Patra'). Second, an advanced breeding technology. Third, Creation of E-Pashudhan Haat, an e market portal for connecting breeders and farmers. Fourth, a National Genomic Centre for indigenous breeds.  He said that these projects will be implemented at a cost of Rs. 850 crore over the next few years. 

The lawyer turned politician announced an allocation of Rs. 2.87 lakh crore as Grants in Aid to Gram Panchayats and Municipalities (228% increase compared to previous five years) as per the recommendations of 14th Finance Commission.  He said that every block in the areas of drought and rural distress will be taken up under ‘Deen Dayal Antyodaya Mission'.  These districts would also be taken up for priority under ‘Pradhan Mantri Krishi Sinchai Yojana'. 

Jaitley announced that 300 Rurban Clusters will be developed under the ‘Shyama Prasad Mukherjee Rurban Mission' to incubate growth centre in rural areas by providing infrastructure amenities and market access for the farmers.  He committed to achieve 100 percent village electrification by 1st May, 2018.  He proposed to make priority allocation from centrally sponsored scheme, to reward villages that have become free from open defecation.

In order to spread digital literacy in Rural India, the Union Finance Minister, Jaitley has approved 2 new Schemes viz. ‘National Digital Literacy Mission' and ‘Digital Saksharta Abhiyan' (DISHA).  He proposed to launch a new Digital  Literacy Mission Scheme  to cover around 6 crore additional  households has been revamped under Digital India initiative and will be implemented as a Central Sector Scheme with effect from 1st April, 2016.  This will be critical for dispute free titles. He proposed a new structure scheme, ‘Rashtriya Gram Swaraj Abhiyan' to help Panchayat Raj Institutions deliver Sustainable Development Goals.

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