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Agriculture in Budget 2020: Implementation key to make a real difference 

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Resource Details

Resource ID

17964

Access

Open

Contributed by

B.Muralidhar

Topics

Climate change and Dryland stresses, Market Access and Value Chains, Development Pathways, Policy & Institutions

Systems

Farming Systems, Livelihood Systems

Locations

Asia, India

Global Date

07/Feb/2020

Title

Agriculture in Budget 2020: Implementation key to make a real difference

Keywords

Union Budget 2020-21,Indian agriculture, Climate-resilient, Agricultural marketing, Contract farming, National Commission on Farmers; Committee on Doubling Farmers’ Income, NITI Aayog, Agricultural policy arena, The Economic survey 2019-20

Language

English

New ICRISAT Research Programs

Asia Program

Author/Key contact

SMCO staff

Story Source

ICRISAT Happenings 1840-2, 07 February 2020

Type

Corporate

URL/Link

https://www.icrisat.org/agriculture-in-budget-2020-implementation-key-to-make-a-real-difference/

Description

The Economic survey 2019-20 presented to the Indian Parliament just ahead of this year’s budget has acknowledged the role of livestock and fisheries in overall growth of agriculture sector. It states that the livestock sector grew at a CAGR of 7.9% during last five years, while the agriculture sector as a whole had 2.8% annual growth rate. It is in this context, the focus of the government to promote animal husbandry, milk processing and development of the blue-economy is a welcome step. The Government has since created separate Departments for all these verticals and therefore, targeted investments is expected to yield productive outcomes.

Date (Date published/released/created if known)

07/Feb/2020

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