HomeAgroPolicyUnion Budget 25 sets a strong foundation for a prosperous agricultural sector: FSII

Union Budget 25 sets a strong foundation for a prosperous agricultural sector: FSII

The focus on technological advancements, sustainable practices, and targeted interventions demonstrates the government’s commitment to transforming Indian agriculture.

The Union Budget 2025-26 demonstrates a strong commitment to agricultural growth and farmer welfare. Finance Minister Nirmala Sitharaman has presented a comprehensive and forward-looking budget that prioritises rural prosperity, self-sufficiency, and technological advancement in the agricultural sector.

While sharing the reaction on Union Budget 25 Raghavan Sampathkumar, Executive Director, Federation of Seed Industry of India (FSII) said, “This Budget sets a strong foundation for a prosperous agricultural sector, benefiting millions of farmers while driving India towards food self-sufficiency and economic resilience. The focus on technological advancements, sustainable practices, and targeted interventions demonstrates the government’s commitment to transforming Indian agriculture.”

National Mission on High-Yielding Seeds: This new initiative, along with the Cotton Productivity Mission, demonstrates India’s investment in cutting-edge agricultural research and the promotion of climate-resilient, high-yield seed varieties. Restoration of 200 per cent income tax deduction on R&D expenditures would certainly help the industry contribute significantly to this mission and we are hopeful that the Government will consider it positively.

PM Dhan Dhanya Krishi Yojana: This transformative initiative will target 100 low-productivity districts, improving crop intensity, credit access, irrigation, and post-harvest storage at the Panchayat level. The program is expected to benefit 1.7 crore farmers, leading to higher yields, better market access, and increased rural employment opportunities

Self-Reliance Mission for Pulses and Oilseeds: I especially welcome the six-year mission focusing on tur, urad, and masoor. It will strengthen domestic food security and reduce import dependency. This initiative aims to create a stable and predictable pricing framework for farmers

Emphasis on Fruit and Vegetable Production: The government’s focus on horticulture aligns with changing consumer habits, potentially improving nutrition, food security, and farmer incomes simultaneously

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