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The Union Budget 2025 reaffirms the government’s intention and commitment to revitalizing rural India and addressing the urban-rural divide. This Budget reflects a clear intent to create new opportunities for farmers, youth, women, and agri-entrepreneurs, ensuring inclusive growth across the agricultural sector

By focusing on infrastructure, innovation, and self-sufficiency, the Budget presents a transformational roadmap for India’s rural economy. The launch of PM Dhan Dhanya Krishi Yojana will enhance crop diversification, irrigation, storage facilities, and credit access. Additionally, targeted interventions like the six-year self-reliance mission for pulses and oilseeds will reduce import dependency, while investments in fruit and vegetable production align with evolving dietary patterns, securing better incomes for farmers. The National Mission on High-Yielding Seeds and Cotton Productivity Mission will further accelerate research and innovation, reinforcing India’s leadership in sustainable agriculture. Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman deserve recognition for their visionary approach, ensuring that agriculture remains the backbone of India’s economy while creating new avenues for rural prosperity and national growth.

“I find it encouraging that the Budget will likely benefit a large segment of our youth population of 345 million, especially those in the rural areas. It is evident that by fostering agri-entrepreneurship, skill development, and technology adoption, the government is leveraging India’s demographic dividend, ensuring that the next generation plays an important role in shaping the future of agriculture. Hopefully, this can help rural youth to be more engaged in agricultural activities and balance the rural-urban divide”, said Susheel Kumar, MD & Country Head, Syngenta India Pvt Ltd.

A significant highlight is the PM Dhan Dhanya Krishi Yojana, which focuses on 100 low-productivity districts, just like the Aspirational Districts Programme. The need of the hour is crop diversification, better storage facilities at the Panchayat level, improved irrigation, and access to credit, ensuring that there is uniform agriculture growth across the country making farming a more sustainable and profitable venture. The six-year self-reliance mission for pulses and oilseeds, focusing on tur, urad, and masoor, will not only further reduce import dependency but also ensure that farmers get stable prices through structured procurement agreements with NAFED and NCCF. Focus on vegetables cluster will allow farmers the flexibility to go for different options. The agrochemical industry which plays a critical role in protecting crops from pests and diseases was looking forward to some long-standing demands in GST rationalization, enhancing of weighted deduction to 200 per cent and extending Production Linked Incentive (PLI) scheme to agrochemicals sector that have not been announced. The Jan Vishwas Bill 2.0 which aims to decriminalize more than 100 provisions in various laws, promoting a more trust-based and people-friendly governance framework is welcome, and we hope this reform will be extended to the crop protection industry as well.

“Reflecting the Mahakumbh, the Union Budget 2025 is a well- structured set of opportunities for Indian agriculture, laying out a practical, holistic, forward-looking, and revitalizing roadmap that strengthens farmers, improves productivity, and drives self-sufficiency. Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman have ensured that agriculture remains the first engine of growth, unveiling initiatives addressing not only the gaps but also tapping the opportunities to uplift rural India. I especially welcome the National Mission on High-Yielding Seeds and the Cotton Productivity Mission, which will help in strengthening research in climate-resilient and pest-resistant seeds, driving long-term innovation. We are hoping the private sector will play a vital role in this as it has scaled up its R&D capabilities and look forward to working  with government more proactively to be able to script a strengthened agriculture ecosystem. This Budget has the potential to be a game-changer, ensuring that farmers, agribusinesses, and rural communities thrive together in a rapidly evolving agricultural landscape”, said Dr KC Ravi, Chief Sustainability Officer, Syngenta India.

The Union Budget 2025 reaffirms the government’s

The Union Budget 2025 has taken decisive steps to uplift the agricultural sector, with initiatives that could significantly impact 1.7 crore farmers

The Union Budget 2025 has taken decisive steps to uplift the agricultural sector, with initiatives that could significantly impact 1.7 crore farmers. The introduction of the agricultural district program targeting 100 underperforming districts is a commendable move, focusing on crop diversification, sustainable farming, and improved irrigation. The emphasis on strengthening post-harvest storage at the Panchayat and block levels will help reduce crop wastage and enhance price realization for farmers. Moreover, better access to credit, particularly through the expanded reach of Kisan Credit Cards (KCC), will improve financial liquidity for small and marginal farmers, driving rural entrepreneurship. The budget’s push to enhance market linkages and strengthen local markets at the district level is expected to boost farmers’ ability to sell their produce more competitively, ultimately fostering rural economic resilience.

The Union Budget 2025 has taken decisive

The maximum loan amount under MISS will rise from Rs 3 lakh to Rs 5 lakh

According to the finance minister, the Modified Interest Subvention Scheme (MISS) will now allow loans up to Rs 5 lakh instead of Rs 3 lakh. Currently, Kisan Credit Card loans up to Rs 3 lakh at a benchmark rate of 9 per cent are available to farmers involved in agriculture and related activities under MISS. To reduce the effective rate of interest to 7 per cent, the Center offers a 2 per cent interest subvention on the benchmark rate. It drops to 4 per cent annually with an extra 3 per cent reduction for timely and proper repayment.

The Agriculture Ministry claims that in order to shield small and marginal farmers using Kisan Credit Cards from the distress sale of their produce, the interest subvention scheme also applies to post-harvest loans (for six months after harvest). Since 2006–07, when then-Finance Minister P Chidambaram introduced the Interest Subvention Scheme, the original version of MISS, the Rs 3-lakh maximum limit has not changed. A number of states, including Uttar Pradesh, had called for the scheme’s lending cap to be raised.

The finance minister announced that the government will launch the Export Support Mission with sectoral and ministerial targets. The Mission will be driven jointly by the ministries of commerce, MSMEs, and finance. The Export Support Mission will facilitate easy access to export credit, cross-border factoring support, and support to MSMEs to tackle non-tariff measures in overseas markets.

A new program targeting five lakh women entrepreneurs from Scheduled Castes and Scheduled Tribes (SC/ST) would be introduced, according to the finance minister. Over the next five years, this will entail providing term loans up to Rs 2 crore. According to Sitharaman, the new plan will draw inspiration from the Stand-Up India initiative. Providing loans from Scheduled Commercial Banks between Rs 10 lakh and Rs 1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one-woman borrower per bank branch for the establishment of a greenfield business in the manufacturing, services, or trading sector, as well as for agricultural-related activities, was the aim of the Stand-Up India program.

Achieving self-sufficiency, in pulses has been mentioned in the budget. In actuality, India’s imports of pulses were $3,275.25 million between April and November 2024, a 56.6% increase over $2,091.95 million during the same period in 2023

The maximum loan amount under MISS will