Budget 2025 reaction for the Agriculture sector
The 2025 Union Budget takes important steps to strengthen the agricultural sector and improve the lives of farmers. Continuing Kisan Credit Cards (KCC) for 7.7 crore farmers, including those in fisheries and dairy, will ensure better financial access. Raising the loan limit under the modified interest subvention scheme will help more farmers invest in better resources and manage expenses efficiently
The launch of the Agricultural District Programme under the Prime Minister Krishi Yojana is a great initiative. Targeting 100 districts with low productivity, it will focus on crop diversification, better irrigation, improved post-harvest storage, and increased credit availability.
“A six-year mission for self-reliance in pulses, with an emphasis on tur and masoor, will ensure steady production and procurement support through NAFED and NCCF. The establishment of a Makhana Board in Bihar will create opportunities for farmers by promoting value addition. The introduction of a Cotton Productivity Mission will further support those dependent on cotton cultivation”, said Rajesh Aggarwal, Managing Director, Insecticides (India) Ltd.
The focus on credit support, sustainable farming, and better infrastructure will strengthen rural livelihoods. These measures will help build a more stable and self-sufficient agricultural economy. The emphasis on crop diversification and self-reliance in pulses through a six-year mission aligns well with the evolving needs of Indian agriculture. By integrating global best practices and strengthening procurement mechanisms, this budget paves the way for a more resilient and sustainable agricultural sector. The government’s promise to boost bio-manufacturing and bio-agri inputs manufacturing will provide strong support to this growing industry, fostering innovation and sustainable farming solutions. It is heartening to see a comprehensive approach that combines credit support, post-harvest management, and infrastructure development. As we move forward, fostering innovation and natural farming practices will be key to making Indian agriculture globally competitive while ensuring long-term sustainability.
“The Union Budget 2025 underscores a strong commitment to strengthening India’s agricultural ecosystem, ensuring both productivity and profitability for our Annadatas. The PM Dhandhanya Krishi Yojana is a welcome step that will boost yields in 100 low-productivity districts, enhance storage facilities at the grassroots level, and empower 1.7 crore farmers. Additionally, the increased loan limit under the Kisan Credit Card (KCC) will provide much-needed financial flexibility to farmers, enabling them to invest in better inputs and technology”, said Maninder Singh Nayyar, CEO and Founder, CEF Group.
The 2025 Union Budget takes important steps