Close Menu
Buzz NewsBuzz News
    Facebook X (Twitter) Instagram
    Trending
    • IPO watch: Hero Motors refiles IPO papers with Rs 1,200 crore issue, ups fresh component to Rs 800 crore
    • Who is Kesavan Ramachandran? RBI elevates internal veteran to executive director, to oversee prudential regulation
    • India-US trade deal: Talks enter sixth day as Donald Trump’s tariff deadline looms; top things India is pushing for amidst hectic negotiations
    • Infosys vs Cognizant fight gets uglier! Why are the two big IT firms battling it out in the US? Explained
    • Layoff wave spreads across US: Starbucks, FedEx, Frito-Lay, Microsoft may axe jobs in July – here’s what’s going wrong
    • Cryptocurrency market today: Bitcoin holds near $107k amid tariff caution, Altcoins see mixed moves
    • US Fed policy outlook: Fed chair Jerome Powell says central bank must remain ‘non-political’ as Donald Trump pressure mounts, rate cut still not ruled out
    • HDB Financial IPO listing: Stock set for market debut on July 2; check GMP and other details
    • Total sown area this monsoon: Kharif sowing jumps 11.3% on strong monsoon; rice and pulses lead acreage surge
    • Leadership shuffle: Tata Sons ropes in consumer veterans to Tata Digital board; balances earlier finance-centric line-up
    Buzz NewsBuzz News
    Tuesday, July 1
    • Home
    • Cryptocurrency
    • Investment Tips
    • Finance
    • Home Insurance
    • Market News
    • Life Insurance
    Buzz NewsBuzz News
    Home»Investment Tips»Farm reset: Government says agriculture sector reshaped in 11 years, budget surged five-fold since 2013 & crop output jumped
    Investment Tips

    Farm reset: Government says agriculture sector reshaped in 11 years, budget surged five-fold since 2013 & crop output jumped

    BuzzNewsBy BuzzNewsJune 7, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Farm reset: Government says agriculture sector reshaped in 11 years, budget surged five-fold since 2013 & crop output jumped
    Share
    Facebook Twitter LinkedIn Pinterest Email Telegram WhatsApp Copy Link

    Farm reset: Government says agriculture sector reshaped in 11 years, budget surged five-fold since 2013 & crop output jumped

    A surge in budget allocation and sustained policy focus over the past 11 years has led to a wide-ranging transformation in India’s agricultural sector, the Centre said on Saturday, crediting flagship schemes with driving output, procurement, and farmer support to new highs.In an official statement, the government said its agri reforms have empowered farmers and repositioned India on the path from food security to global agricultural leadership. The transformation, it said, has focused on inclusive development — covering smallholders, women-led groups, allied sectors, and traditional practices such as millet farming.“Over the past eleven years, under Prime Minister Narendra Modi’s leadership, India’s agricultural sector has undergone a profound transformation, rooted in the philosophy of Beej Se Bazaar Tak (seed to market),” the statement said, quoted PTI.Budgetary support for the Department of Agriculture and Farmers’ Welfare has risen nearly five times — from Rs 27,663 crore in 2013-14 to Rs 1,37,664.35 crore in 2024-25. Foodgrain output also recorded an increase from 265.05 million tonnes in 2014-15 to an estimated 347.44 million tonnes in 2024-25.The government said it has sharply increased minimum support prices (MSP) for key crops. Wheat MSP rose from Rs 1,400 per quintal in 2013-14 to Rs 2,425 per quintal in 2024-25, while the paddy MSP increased from Rs 1,310 to Rs 2,369 per quintal between 2013-14 and 2025-26.Since its launch in 2019, the PM-KISAN scheme has disbursed Rs 3.7 lakh crore to over 110 million farmers. Separately, about Rs 10 lakh crore in credit has been sanctioned to 7.71 crore farmers under the Kisan Credit Card initiative.Crop procurement volumes have seen a sharp uptick. Kharif procurement between FY15 and FY25 totalled 787.1 million tonnes, compared with 467.9 million tonnes in the previous decade. MSP procurement of pulses jumped from 1.52 lakh tonnes (2009–2014) to 8.3 million tonnes (2020–2025), while oilseeds procurement has grown multifold over the same period.The Centre highlighted additional measures such as investments in modern irrigation, digital agri-marketplaces, tech-led solutions, and credit support. Allied sectors like dairy and fisheries have also expanded during the period.“As India enters Amrit Kaal, its empowered farmers stand ready to lead the nation from food security to global food leadership,” the government said.

    agriculture budget crop farm fivefold government jumped output reset reshaped Sector surged years
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleFuture of work: Zoho’s Sridhar Vembu says AI job loss isn’t the threat—economic distribution is
    Next Article GSTR-3B filing to tighten: GSTN to lock monthly tax form from July 2025, changes allowed only via GSTR-1A
    BuzzNews
    • Website

    Related Posts

    IPO watch: Hero Motors refiles IPO papers with Rs 1,200 crore issue, ups fresh component to Rs 800 crore

    July 1, 2025

    Who is Kesavan Ramachandran? RBI elevates internal veteran to executive director, to oversee prudential regulation

    July 1, 2025

    India-US trade deal: Talks enter sixth day as Donald Trump’s tariff deadline looms; top things India is pushing for amidst hectic negotiations

    July 1, 2025

    Leave A Reply Cancel Reply

    Recent Posts

    IPO watch: Hero Motors refiles IPO papers with Rs 1,200 crore issue, ups fresh component to Rs 800 crore

    July 1, 2025

    Who is Kesavan Ramachandran? RBI elevates internal veteran to executive director, to oversee prudential regulation

    July 1, 2025

    India-US trade deal: Talks enter sixth day as Donald Trump’s tariff deadline looms; top things India is pushing for amidst hectic negotiations

    July 1, 2025

    Infosys vs Cognizant fight gets uglier! Why are the two big IT firms battling it out in the US? Explained

    July 1, 2025

    Layoff wave spreads across US: Starbucks, FedEx, Frito-Lay, Microsoft may axe jobs in July – here’s what’s going wrong

    July 1, 2025
    Our Picks

    Bitcoin Remains Above $60,000, Bittensor Becomes Top Gainer

    August 23, 2024

    Prospects For Cryptocurrency Development In South Asia

    August 23, 2024

    Trump announces The DeFiant Ones, a new cryptocurrency platform

    August 23, 2024

    Hackers use McDonald’s Instagram account to steal $700,000 in cryptocurrency scam

    August 22, 2024
    About

    Welcome to BuzzNews, your go-to source for the latest in insurance and finance news. Our mission is to provide you with accurate, timely, and insightful information to help you make informed decisions. From life insurance to personal finance, market news to investment tips, we cover a wide range of topics to keep you updated and knowledgeable.

    Popular Posts

    IPO watch: Hero Motors refiles IPO papers with Rs 1,200 crore issue, ups fresh component to Rs 800 crore

    July 1, 2025

    Who is Kesavan Ramachandran? RBI elevates internal veteran to executive director, to oversee prudential regulation

    July 1, 2025

    India-US trade deal: Talks enter sixth day as Donald Trump’s tariff deadline looms; top things India is pushing for amidst hectic negotiations

    July 1, 2025
    OUR CATEGOIRES
    • Cryptocurrency
    • Finance
    • Health Insurance
    • Home Insurance
    • Investment Tips
    • Life Insurance
    • Market News
    Copyright © 2024. BuzzNews. All Rights Reserved.
    • Sitemap
    • DMCA
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us

    Type above and press Enter to search. Press Esc to cancel.