Page 17 - NIS English 01-15,April 2023

Budget Webinar Cover Story

WAY FORWARD

Agriculture budget n The government has put forth the Digital Public
Infrastructure as an open source platform which
is similar to UPI. As UPI transactions are on the
`25,000 `1,25,000 rise, there is immense scope for investment and
innovation in the agri-tech domain as well.
crore crore n The open-source platforms can improve logistics

2014 2023 and access to large markets can be easy.
n Promote drip irrigation through technology, as well
Achievements that served as the right advice, will reach the right person in

as the foundation... time.
n With their innovation, the youth will become a bridge
n MSP has been increased, pulses production of information between the government and the
has been promoted, and the number of food farmer.
processing parks has been increased.
n Drones can be used to predict crops. Can also help in
n 9 years ago Agri startups were negligible in the policy-making, and can also tell which crop can give
country but now there are more than 3000.
more profit.
n In the last 9 years, fish production in the country n Can also provide real-time information about weather
has increased by about 70 lakh metric tonnes. changes.
Before 2014, it took almost 30 years to increase
production by that much. n On the initiative of India, 2023 has been declared
the International Year of Millets. India has named
n The country has now given the identity of 'Shree it 'Shree Anna'. This will provide international
Anna' to coarse grains in this budget itself.
recognition and a global market for millets.
n A new revolution is taking place in the cooperative
These goals will be completed in one year sector of India. In the past, it has been limited to

1,31,100 some states and some regions of the country, but
now it is being expanded to the whole country.

crore rupees will be spent on urea subsidy, n In areas where cooperatives do not already exist,
increasing urea production and reducing cooperatives related to dairy and fisheries will
urea import by 20%. greatly benefit small farmers.

Target to reach n The new sub-components announced under the
7 crores PM Matsya Sampada Yojana will create new
opportunities for fishermen and small entrepreneurs
farmers and bring 4.35 crore hectare land and boost the market along the fisheries value chain.
under the crop insurance scheme n Fast work will also be done in the direction of
2400 promoting natural farming and reducing chemical-
based farming.
Farmer Producer Organizations will be
formed, 4.80 lakh farmers will be
covered under it

New India Samachar April 1-15, 2023 15