Laying out the plans for the Agricultural Sector, Finance Minister Arun Jaitley on Monday said the NDA Government aimed to double the income of farmers in the next five years, while allocating Rs. 35,984 crores for farmers' welfare.
The Finance Minister said a unified agriculture market 'e-platform' would be dedicated to the nation on the birthday of Dr. B.R. Ambedkar on April 14, besides a dedicated irrigation fund worth Rs. 20,000 crore to be set up under the National Bank for Agriculture and Rural Development (NABARD).
"The Pradhan Mantri Krishi Sinchai Yojana (PMKSY) has strengthened and implemented in mission mode, while Rs. 19,000 crore has been allotted for the Pradhan Mantri Gram Sadak Yojana (PMGSY)," said Jaitley.
The Finance Minister said five lakh acres would be brought under organic farming over a three-year period.
He also announced Direct Benefit Transfer (DBT) to farmers for fertilisers in some districts for now.
