We are committed to Doubling farmers' income by 2022: FM

Image
Capital Market
Last Updated : Feb 01 2020 | 11:50 AM IST

The Budget focuses on agriculture to make farming competitive by laying down a 16 point charter, said the Finance Minister. We are committed to Doubling farmers' income by 2022, the FM stated. Rs 2.83 lakh crore allocated for agriculture sector. Comprehensive measures for 100 water-stressed districts, being proposed in Budget 2020. Agricultural credit target has been set at ₹15 lakh crore. Meanwhile, Indian Railways will set up Kisan Rail through PPP arrangement, for transportation of perishable goods. Krishi Udaan also be launched by Civil Aviation Ministry to transport agri-products to national as well international destinations. "We will encourage balanced use of all fertilizers, a necessary step to change the incentive regime which encourages excessive use of chemical fertilizers," FM stated.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 01 2020 | 11:41 AM IST

Next Story