How much has the agriculture sector of the country changed in the last 11 years?

0


Photo: File Agriculture

Government On Saturday, it said that in the last 11 years, there has been a major change in India’s agricultural sector through various government schemes and increased budgetary allocation. This change has established India as a global agricultural leader. The government said, “In the last 11 years, there has been a widespread change in the agricultural sector of India under the leadership of Prime Minister Narendra Modi, which is based on the philosophy from seed to market.” The budget estimate for the Department of Agriculture and Farmers Welfare has increased from Rs 27,663 crore in 2013-14 to Rs 1,37,664.35 crore in 2024-25, which is about five times the increase.

Great increase in food production

India’s food production has increased from 26.50 million tonnes in 2014-15 to an estimated 34.74 million tonnes in 2024-25, which shows a strong growth in agricultural production. The government has also made a significant increase in the minimum support price (MSP). The MSP of wheat increased from Rs 1,400 per quintal to Rs 2,425 per quintal in 2024-25 in 2013-14. While the price of paddy has increased from Rs 1,310 per quintal to Rs 2,369 per quintal in 2025-26 in 2013-14. Under the PM-Kisan Yojana launched in February 2019, the government has distributed Rs 3.7 lakh crore to more than 11 crore farmers.

7.71 crore farmers benefit from KCC

The Kisan Credit Card Scheme has provided a loan of about Rs 10 lakh crore to 7.71 crore farmers. The purchase figures show improvement in various crops. Between FY 2014-15 to FY 2024-25, the purchase of kharif crop was a total of 78.71 million tonnes, while the purchase between 2004-05 to 2013-14 was 46.79 million tonnes. Purchase of pulses on MSP increased from 1,52,000 tonnes to 83 lakh tonnes during 2020-2025 during 2009-2014, while the purchase of oilseeds on MSP increased manifold in the last 11 years.

Focus on food security

The government’s approach has been focused on modern irrigation, debt access, digital market and agri-technology innovation. While traditional processes like millet cultivation and natural farming have been revived. The relevant areas including dairy and fisheries are also expanding. According to the statement, “As India is entering the nectar period, its strong farmers are ready to take the country from food security to global food leadership.”

Latest business news



Leave A Reply

Your email address will not be published.