The government on Saturday proposed 11 per cent increase in the farm credit target to 15 lakh crore for 2020-21 and announced special rail and flight services for the transportation of farm produce as its seeks to double farmers' income by 2022.
The government also proposed promoting 'one product one district' for better marketing and export of horticulture crops. It also called on states for early implementation of three key central model laws on land leasing, agriculture produce and livestock marketing and contract farming.
Presenting the Budget, Finance Minister Nirmala Sitharaman said, "Our government is committed to the goal of doubling farmers' incomes by 2022."
She further said that prosperity of farmers can be ensured by making farming competitive. "For this, farm markets need to be liberalised. Distortions in farm and livestock markets need to be removed."
As water stress related issues are now a serious concern across the country, Sitharaman said, "Our government is proposing comprehensive measures for one hundred water stressed districts."
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