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Agri initiatives will augur well for farm sector

In Budget 2021, the government reinforced its commitment towards farmer welfare and upliftment of the agriculture sector.

Amith Aggarwal, CEO & Co-Founder, Agribazaar
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Amith Aggarwal, CEO & Co-Founder, Agribazaar

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In Budget 2021, the government reinforced its commitment towards farmer welfare and upliftment of the agriculture sector. Whether through the continued efforts towards the digitisation of the agri-sector or the expansion of the Agri infra fund, I believe all the initiatives announced in the budget will augur well for India's farmers and farming industry over the short, medium and long-term.

l The rural Agri fund will help drive greater outlay and build a world-class Agri infrastructure. These investments will reduce farm-to-fork wastage and usher scientific crop growing and post-harvest facilities.

l Mandi digitisation will facilitate tech intervention in agriculture, leading to greater efficiency, enterprise and predictability in the sector.

l Agri credit will bridge the gap in rural credit and enable the development of the agriculture sector and its dependent industries.

l Initiatives such as the expansion of irrigation facilities and the inclusion of more perishable items under the Green scheme will increase agri-efficiencies.

l The R&D through agricultural hubs will foster the industry's competitiveness on a global scale.

Overall, I think that the budget is very progressive and industry-friendly. Congratulations to the Finance Minister and all the members of the government for making this possible.

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