Thursday, January 30, 2025
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Budget 2025: Agriculture to Boost Foreign Currency with Increased Support for Farmers

Union Budget 2025: In order to realise the aspirations of a developed India, the Indian government can now provide funds from the budget to farms and farming. Even while agriculture makes up a smaller portion of the Indian economy and GDP, it still accounts for the majority of jobs. The budget can include measures to encourage the agriculture sector, known as India’s backbone, to export as much as possible. Thus, the government can be generous in boosting agricultural output, upgrading technology, and building out infrastructure. Considering the demands of farmers, recent government measures, and the ruling party’s constant declarations, it would appear so.

By raising rural income, the plan aims to strengthen the economy as a whole.
The Economic Times report states that raising rural income is part of the government of India’s plan to strengthen the economy as a whole. To do this, the government is developing a long-term plan to support agriculture-based exports and grow agriculture-related industries. By doing this, farmers can earn foreign cash for the nation rather than merely producing food grains to feed their bellies. The country’s irrigation infrastructure will also be expanded as part of this plan. Therefore, by providing irrigation facilities to those lands that do not yet have them, productivity can be raised.

The skill development of the rural workforce will be the main focus.
The budget can include a number of measures to carry out the plan of using agriculture to develop the rural economy. The budget for agriculture can also be used to support the skill development of the rural labour force. In addition to focussing on improving the skills of the rural workers in order to maximise agricultural revenue, the government also seeks to increase economic activity in the agriculturally related industries. By providing the same amount of time, this will give the rural workers multiple sources of income.

Read More: Budget 2025: Recognize these words It will be simple to listen to the Finance Minister’s budget address well in advance of February 1.

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