Atchannaidu presents ₹43,403 crore Agriculture Budget in A.P. Legislative Assembly
The Hindu
Atchannaidu presents ₹43,403 crore Agriculture Budget in A.P. Legislative Assembly. Of the total outlay, ₹14,638 crore is for maintenance of irrigation projects. Free power scheme gets ₹7,241 crore and ‘Annadata Sukhibhava - PM Kisan’, a Super Six scheme, is allocated ₹4,500 crore.
Andhra Pradesh Agriculture Minister K. Atchannaidu presented the exclusive Agriculture Budget for the financial year 2024-25 in the Legislative Assembly on November 11 (Monday) with an allocation of nearly ₹43,403 crore, including ₹14,638 crore for maintenance of irrigation projects.
The Agriculture Department got an allocation of ₹8,565 crore and Horticulture and Animal Husbandry departments ₹3,470 crore and ₹1,095 crore respectively.
A sum of ₹7,241 crore was provided for supply of electricity at subsidized tariffs to farmers (free power scheme), ₹5,150 crore for undertaking agriculture and related works under the MGNREGS, and ₹3,300 crore for Budameru flood mitigation works.
The ‘Annadata Sukhibhava - PM Kisan’scheme, which was one of the NDA allies’ Super Six election promises, got ₹4,500 crore. This is for disbursement of a financial assistance of ₹20,000 per year each to the eligible landless cultivators.
The allocation for crop insurance was pegged at ₹1,023 crore. Apart from this, a sum of ₹628 crore was allocated for providing interest-free loans.
Mr. Atchannaidu said that a farmers’ registry was being created to facilitate digital agriculture. Besides, the government was bringing the ‘A.P. Crop Cultivator Rights Act, 2024’, and geared up to implement a host of schemes aimed at making agriculture a profitable venture. Due emphasis was being laid on the welfare of farmers and adopting “deep technology” (AI, data analytics etc.).
He said a sum of ₹39 crore was earmarked for issuing soil health cards and steps were taken for distributing micro-nutrients to the farmers and streamlining the supply of seeds at subsidised prices to enable them to cope with the price rise.
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