Kumari Palany & Co

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Union Budget 2016 - Agriculture

Posted on: 29/Feb/2016 2:41:19 PM
  • Total allocation for agriculture and farmer welfare at Rs 35984 crores.
  • 28.5 lakh heactares of land wil be brought under irrigation.
  • 5 lakh acres to be brought under organic farming over a three year period
  • Rs 60,000 crore for recharging of ground water recharging as there is urgent need to focus on drought hit areas cluster development for water conservation.
  • Dedicated irrigation fund in NABARD of Rs.20.000 cr
  • Nominal premium and highest ever compensation in case of crop loss under the PM Fasal Bima Yojna.

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