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Thursday / December 5. 2024
HomeAgroPolicyUnion Budget 2024 to transform agricultural research with focus on increasing productivity

Union Budget 2024 to transform agricultural research with focus on increasing productivity

 Government will undertake a comprehensive review of agricultural research set up to bring the focus on increasing productivity and developing climate resilient varieties of crops

Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25. In the first budget of the Modi 3.0 government, Sitharaman said that we have drawn road map for Vikasit Bharat with 9 priorities agenda which includes productivity and resilience in agriculture, energy security.

FM said the government will focus on transformation agricultural research. Government will undertake a comprehensive review of agricultural research set up to bring the focus on increasing productivity and developing climate resilient varieties of crops. Government will provide funding to research in private sector. Domain experts from government and private sector will oversee the conduct of such research.

Sitharam also said that 109 new high -yielding and climate resilient varieties of 32 field and horticulture crops will be released for cultivation by farmers.

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