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Climate adaptation

India must invest in agricultural research

Agriculture
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Business Standard Editorial Comment Mumbai

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Among the nine priorities highlighted in the Union Budget last week was the need to transform agriculture research with a focus on raising productivity and developing climate-resilient crop varieties. To support the initiative, compared to last year’s Revised Estimates, the Budget allocated an 8 per cent increase in funding for agriculture and allied activities to Rs 1.52 trillion. Within this, the Ministry of Agriculture and Farmer Welfare received an increased allocation of 4.5 per cent, compared to last year’s Revised Estimates. However, despite these increases, which are lower than expected nominal economic growth, funding for autonomous research

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