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Budget 2017 18 agriculture

  1. BUDGET 2017-18 (AGRICULTURE) BY –Shubham Agrawal
  2. WHAT IS BUDGET?? The budget is an estimation of the revenue and the expenditure over a specified future period of time of the government. BY –Shubham Agrawal
  3. Who is this greet personality?? BY –Shubham Agrawal
  4. #FARMERS Agriculture is expected to grow at 4.1% in the current year. (#2017-18) For the financial year 2017-18, the target for agricultural credit to farmers has been fixed at a record level of Rs. 10 lakh crore with 60 days interest waiver. Government will support NABARD which will be done in 3 years at an estimated cost of Rs. 1,900 crores, with financial participation from State Governments. BY –Shubham Agrawal
  5. The coverage of Fasal Bima Yojana will be increased from 30% of cropped area in 2016-17 to 40% in 2017- 18 and 50% in 2018-19. The Budget provision for this scheme has been increased from Rs. 5,500 crores to Rs. 13,240 crores to settle the arrears claims. Government will set up new mini labs in Krishi Vigyan Kendras (KVKs) and ensure 100% coverage of all 648 KVKs in the country. 1000 mini labs will be set up by qualified local entrepreneurs. Government will also provide credit linked subsidy to these entrepreneurs. BY –Shubham Agrawal
  6. A Long Term Irrigation Fund has already been set up in NABARD. the total corpus of this Fund to Rs. 40,000 crores. Micro Irrigation Fund will be set up in NABARD to achieve the goal, ‘per drop more crop’ which will have an initial corpus of Rs. 5,000 crores. The coverage of National Agricultural Market (e- NAM) will be expanded from the current 250 markets to 585 APMCs (Agriculture Produce Market Committee). A Dairy Processing and Infrastructure Development Fund would be set up in NABARD with a corpus of Rs. 8,000 crores over 3 years. Initially, the Fund will start with a corpus of Rs. 2,000 crores. BY –Shubham Agrawal
  7. What dose the picture is tells… BY –Shubham Agrawal
  8. CONCLUSION the Budget proposals under our overarching agenda: “Transform, Energise and Clean India”. Our emphasis will now be on implementing all these proposals for the benefit of the farmers, the poor and the underprivileged sections of our society. BY –Shubham Agrawal
  9. BY –Shubham Agrawal