He also noted that the focus of the government during 12th Five Year Plan (2012-17) would continue to be on development of rainfed and degraded areas.
An outlay of Rs 29,296 crore has been earmarked under the Integrated Watershed Management Programme during the plan period.
Mukherjee highlighted several initiatives taken to boost horticulture, dairy and food processing sectors.
He mentioned a National Centre for Cold Chain Development has been set up to give a fillip to the cold chain sector, while National Dairy Plan Phase-I has been approved to meet the projected demand of 150 million tonnes of milk by 2016-17.
That apart, construction of godowns is being promoted under public private partnership mode, while the National Mission on Food Processing has also been launched to encourage food processing, he added.
To achieve self sufficiency in fertilisers like urea, Mukherjee said the recently approved New Investment Policy is expected to create nearly 10 million tonnes of additional production capacity in urea by 2017.
With regard to irrigation facilities, he said the government plans to create additional 87 lakh hectares of irrigation potential during the 12th Plan under the Accelerated Irrigation Benefit Programme.