Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Direct action from the Budget mandates must reflect ground realities -Purvi Mehta

Direct action from the Budget mandates must reflect ground realities -Purvi Mehta

Share this article Share this article
published Published on Mar 11, 2017   modified Modified on Mar 11, 2017
-The Economic Times blog

In every Union Budget presentation, agriculture is given a place of prominence. This is not surprising, given that 50% of India’s population is dependent on agriculture. Budget 2017 was no different. Both the Economic Survey and the Budget speech stressed heavily on improving agricultural infrastructure and augmenting farmer incomes.

The key drivers expected to set this off are areas such as investment in irrigation infrastructure, development of mandis and market infrastructure for small landholders, better market linkages and a thrust on improving the dairy sector. The combination of these efforts, along with effective administration, shows enormous potential to move toward a paradigm where the focus on income can translate into long-term, healthy development of the farm sector.

Considering that India is home to 17% of the world’s human population, 15% of livestock and only 4% of the world’s water, the focus on irrigation is important. The Budget promises an additional allocation of Rs. 20,000 crore to the long-term irrigation fund set up by the National Bank for Agriculture and Rural Development (Nabard), and also introduces amicro irrigation fund with an initial corpus of Rs. 5,000 crore. This will especially help the farmers in rainfed areas, whose farming is often a gamble on monsoon.

To accelerate access to credit services, GoI has set a target of Rs. 10 lakh crore as credit to farmers with participation by both the Union and state governments. This, along with the end of the two-year drought, has set expectations for this year’s agricultural growth to increase to 4.1% as opposed to mere 1.2% last year.

An increase in production alone does not always translate into higher income for farmers. It is only when production is supported by organised market structures and opportunity that an environment of growth is possible. This long overdue focus on income can equip the farmer with tools for a healthy integration in the present economic and sociopolitical context.

Please click here to read more.


The Economic Times blog, 10 March, 2017, http://blogs.economictimes.indiatimes.com/et-commentary/direct-action-from-the-budget-mandates-must-reflect-ground-realities/


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close