Monday 23 February 2015

Five things that agriculture sector expects in Budget

Ajay Modi, special correspondent of Business Today, lists down five key points that Budget 2015-16 should focus on in agriculture sector.

  1. Expand Agriculture Research: Aim at enhancing crop yield by improving productivity.
  2. Augment farm credit: Improve flow of credit to farmers at concessional rates.
  3. Infrastructure focus: Incentives for warehousing and cold chain storage.
  4. Insurance: Schemes for crops insurance to farmers to salvage them in case of crop failure.
  5. Cash subsidy on fertilisers: Direct cash transfer of subsidy to farmers to bring efficiency.
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