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LATEST NEWS UPDATES | Why the actual expenditure on Central-sector farm schemes is low -Radheshyam Jadhav

Why the actual expenditure on Central-sector farm schemes is low -Radheshyam Jadhav

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published Published on Dec 2, 2021   modified Modified on Dec 18, 2021

-The Hindu Business Line

Farmers say the schemes do not reach them and cost of farming is only rising

The government of India facilitates State governments to reduce agricultural costs through many Centrally-sponsored and Central-sector schemes. However, the latest data available for six major schemes for the last five years show that the actual expenditure on these schemes has remained low compared to Budget estimates.

Farmers have been complaining that the schemes are not reaching them. The data show that even the available Budget estimates remain on paper with low actual expenditure.

The Ministry of Agriculture and Farmers Welfare launched a Sub-Mission on Agricultural Mechanisation (SMAM) in 2014-15 with the objective of increasing the reach of farm mechanisation to small and marginal farmers and to the regions and difficult areas where farm power availability is low. In the five years ( 2017-18 to 2021-22), the total Budget estimate has been 4,765.29 crore while the actual total expenditure has remained 4,079.27 crore (86 per cent), which is the highest compared to actual expenditures in the other five schemes.

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The Hindu Business Line, 2 December, 2021, https://www.thehindubusinessline.com/data-stories/data-focus/why-the-actual-expenditure-on-central-sector-farm-schemes-is-low/article37807523.ece


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