Budget 2024: Over 1 Crore Farmers Transition to Natural Farming, Announces FM Sitharaman| Watch

  • 2 months ago
As FM Nirmala Sitharaman heads to introduce first union budget of Modi 3.0, Finance Minister Sitharaman announced a nationwide initiative to promote natural farming in India. The plan aims to engage 1 crore (10 million) farmers in natural farming practices over the next two years. The government will provide support for branding naturally farmed products. This ambitious project signifies a major shift towards sustainable agriculture, potentially transforming farming practices across the country. The initiative could impact both agricultural methods and market dynamics for farm produce in India.


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00:00A strategy is being put in place to achieve Atma Nirbharta for oil seeds such as mustard,
00:08groundnut, sesame, soybean and sunflower. Large-scale clusters for vegetable production
00:17will be developed. The implementation of the digital public infrastructure in agriculture
00:23for coverage of farmers and their lands in three years. The details of six crore farmers
00:30and their lands will be brought into the farmer and land registries. Financial support for setting
00:39up a network of nucleus breeding centers for shrimp brood stocks will be provided.
00:47Financing for shrimp farming, processing and export will be facilitated through NABARD.
00:55Missions for pulses and oil seeds. For achieving self-sufficiency in pulses and oil seeds,
01:03we will strengthen their production, storage and marketing. As announced in the interim budget,
01:10a strategy is being put in place to achieve Atma Nirbharta for oil seeds such as mustard,
01:18groundnut, sesame, soybean and sunflower. Vegetable production and supply chains.
01:27Large-scale clusters for vegetable production will be developed closer to major consumption
01:35centers. We will promote farmer producer organizations, cooperatives and startups
01:41for vegetable supply chains, including for collection and storage and marketing.
01:49Digital public infrastructure for agriculture.
01:54Buoyed by the success of the pilot project, our government, in partnership with the states,
02:01will facilitate the implementation of the digital public infrastructure
02:06in agriculture for coverage of farmers and their lands in three years. During this year,
02:14digital crop survey for Kharif using the DPI will be taken up in 400 districts.
02:22The details of six crore farmers and their lands will be brought into the farmer and land
02:30registries. Further, the issuance of Jan Samarth based Kisan credit cards will be enabled in five
02:40states. Shrimp production and export. Financial support for setting up a network of nucleus
02:51breeding centers for shrimp brood stocks will be provided. Financing for shrimp farming,
02:59processing and export will be facilitated through NABARD.
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