Union Budget 2013-2014: AGRICULTURE Green Revolution.!

􀂉􀂉 Average annual growth rate of agriculture and allied sector was 3.6% during XI

Plan against 2.5% and 2.4% in IX and X plans respectively.

􀂉􀂉 In 2012-13, total food-grain production will be over 250 million tonnes. Minimum

support price for every agricultural produce has increased significantly under the

UPA Government.

􀂉􀂉  Rs.  27,049 crore allocated to Ministry of Agriculture, an increase of 22 %

over the RE of current year.

􀂉􀂉 Agricultural research provided  Rs.  3,415 crore.

Agricultural Credit

􀂉􀂉 For 2013-14, target of agricultural credit kept at  Rs.  7 lakh crore.

􀂉􀂉 Interest subvention scheme for short-term crop loans to be continued scheme

extended for crop loans borrowed from private sector scheduled commercial

banks.

Green Revolution

􀂉􀂉 Bringing green revolution to eastern India a remarkable success.  Rs.  1,000 crore

allocated in 2013-14.

􀂉􀂉  Rs.  500 crore allocated to start a programme of crop diversification that would

promote technological innovation and encourage farmers to choose crop

alternatives.

􀂉􀂉 Rashtriya Krishi Vikas Yojana and National Food Security Mission provided

 Rs.  9,954 crore and  Rs.  2,250 crore respectively.

􀂉􀂉 Allocation for integrated watershed programme increased from  Rs.  3,050 crore in

2012-13 (BE) to  Rs.  5,387 crore.

􀂉􀂉 Allocation made for pilots programme on Nutri-Farms for introducing new crop

varieties that are rich in micro-nutrients.

􀂉􀂉 National Institute of Biotic Stress Management for addressing plant protection

issues will be established at Raipur, Chhattisgarh.

􀂉􀂉 The Indian Institute of Agricultural Bio-technology will be established at Ranchi,

Jharkhand.

􀂉􀂉 Pilot scheme to replant and rejuvenate coconut gardens implemented in some

districts of Kerala and the Andaman & Nicobar extended to entire State of Kerala.

Farmer Producer Organizations

􀂉􀂉 Matching equity grants to registered Farmer Producer Organization (FPO) upto

a maximum of  Rs.  10 lakhs per FPO to enable them to leverage working capital

from financial institutons.

􀂉􀂉 Credit Guarantee Fund to be created in the Small Farmers’Agri Business

Corporation with an initial corpus of  Rs.  100 crore.

National Livestock Mission

􀂉􀂉 National Livestock Mission to be set up.

􀂉􀂉 A provision of  Rs.  307 crore made for the Mission.

Food Security

􀂉􀂉 Additional provision of Rs. 10,000 crore for National Food Security Act.

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