Ministry of Agriculture & Farmers Welfare releases Rs.16094.13 crore in the first quarter of 2017-18

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Capital Market
Last Updated : Aug 04 2017 | 12:47 PM IST
Ministry of Agriculture & Farmers Welfare is continuously striving for holistic development of Indian Agriculture and its backbone - farmers. To achieve the goal of doubling of farmers' income by 2022, the Ministry's budget of Rs. 62125.02 crore during 2017-18 has increased by about 39% as against Rs. 44721.84 crore during 2016-17.

In the first quarter upto June, 2017, Rs.16094.13 crore has been released as against Rs.10498.90 crore during the quarter ending June, 2016. This works out to 53% increase in the amount released.

Sl.No. Name of Scheme Expenditure upto June 2016-17 Expenditure upto June 2017-18 % increase1 Pradhan Mantri Fasal Bima Yojana 2899.59 4664.88 602 RKVY 644.16 967.89 503 Green Revolution- Krishonnati Yojana (MIDH) 449.64 851.29 904 NFSM 222.93 333.57 505 Agriculture Mechanisation 114.81 416.27 2626 Rashtriya Gokul Mission 0.00 36.00 36007 National Dairy Plan Phase-I 100.00 200.00 1008 National Programme for Dairy Development 6.95 89.01 11809 Blue Revolution 16.91 100.64 495

From the above, it can be seen that Ministry is making concerted efforts for development of agriculture and welfare of farmers in the country.

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First Published: Aug 04 2017 | 12:26 PM IST

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