Business Standard

Sunday, December 22, 2024 | 10:45 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Interim Budget 2019: Farm spend doubled in Modi govt years; is that enough?

Agriculture generates only 18% of gross domestic product but sustains 600 million people--half of India's population

Representative Image
Premium

Representative Image

IndiaSpend Bengaluru
In a year of already failing rain and declarations of impending drought, government data on the crisis-ridden agriculture sector that sustains more than 600 million Indians--or half the population--appears to reveal ever-increasing spending.
India’s agriculture budget doubled over five years to Rs 57,600 crore in 2018-19 under the National Democratic Alliance (NDA) government, three times that of the last United Progressive Alliance (UPA) government budget in 2013-14, with the highest increase of 79% over the previous year coming in 2016-17. As a proportion of the total budget, however, the NDA’s allocations for agriculture were largely

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in