Finance Minister Nirmala Sitharaman presented the Union Budget (Union Budget 2021-22) in Parliament. While presenting the budget, the Finance Minister said that the budget 2021-22 is based on six pillars. The economy has suffered a major setback in the past few years in the country facing the Corona epidemic.
After the 26 January Delhi violence, the peasant movement has risen again with the falling tears of Rakesh Tikait – and now there is hope of renewed dialogue after the General Budget (Budget 2021), But the question is whether there is any good news for the farmers or not.
Major announcements have been made in the Union Budget. Finance Minister Nirmala Sitharaman said in the budget speech, Modi government is committed to double the income of farmers by 2022. The health of farmers and the public has been given a place in the budget.
Prime Minister Narendra Modi said that farmers and villages are at the heart of the Union Budget. Several decisions have been taken in this budget to strengthen the agriculture sector and increase the income of farmers. Provisions have also been made to empower agricultural mandis.
After presenting the budget of Union Finance Minister Nirmala Sitharaman, Prime Minister Modi addressed the country through a TV broadcast on Monday. He said that many provisions have been made in the agriculture sector, making it easy for farmers to take loans.
While praising the budget, he thanked the Finance Minister and said that there have been very positive reactions only hours after the presentation of the budget. This budget has been presented in such an environment when experts said that in these circumstances the government will put more burden on the common man. He said that there is a vision of self-reliant India in the budget. It also lays a solid foundation for the beginning of a new decade. This budget is confident of development with a realization of reality.
He said that the development of all parts of the country is mentioned in this budget. Special emphasis has been laid on the development of Northeast and Southern India, including Ladakh. This is a major step to make coastal states such as Tamil Nadu, Kerala, and West Bengal a powerhouse of business. It also focuses on ‘Ease of Living’ by simplifying the rules and regulations. To increase employment opportunities, double funding has been made for the MSME sector. Research and research have also been emphasized to help the youth.
Five big announcements for farmers:
- Finance Minister Nirmala Sitharaman said that farmers will be given MSP one and a half times the production price. 75,100 crores were allocated for MSP in FY 2021.
- The government has set a target of 16.5 lakh crore agricultural loans to farmers. APMC will be brought under the purview of Agri Infra Fund. Efforts are being made to increase the infrastructure in rural areas.
- The Finance Minister said that 1.68 crore farmers are registered with ENAM. 100 more mandis will be added with ENAM.
- The government has imposed agriculture cess on petrol and diesel. Big plans can be announced for farmers.
- Under the Operation Green Scheme, the government has talked about adding perishable crops to benefit the farmers.