Increase investment in farm sector, enhance mkt access: Agri experts to FM


Team Udayavani, Jun 11, 2019, 6:20 PM IST

New Delhi: Agriculture experts in their pre-budget consultation with Finance Minister Nirmala Sitharaman on Tuesday demanded that the government take steps to boost investment in the farm sector and enhance market access to farmers.

Sitharaman, who will be presenting the 2019-20 Budget on July 5, assured them that farm sector issues, employment generation, and poverty alleviation are high on the agenda of the government.

This was her first pre-budget consultation in the run-up to 2019-20 Budget with representatives of agriculture and rural development sectors. She is also scheduled to meet bankers and economists later.

During the meeting, Sitharaman focussed on the measures to boost the economic and social infrastructure of the rural sector and ways to eradicate unemployment and poverty through the development of agriculture and allied sectors as well as non-farm sector.

“She said the concerns of the agriculture sector are high on the priority of the present government,” a finance ministry statement said.

Sitharaman also stressed upon encouraging startups which can help provide remunerative markets for agriculture products and supply it to the final consumers at reasonable prices.

The meeting discussed issues surrounding agriculture research and extension services, rural development, non-farm sector, horticulture, food processing, animal husbandry, fisheries and startups in agricultural sector among others, the ministry added.

During the meeting, representatives of the agricultural and rural development sectors suggested ways to boost investment and enhance market access to farmers and improve food processing sector and introduction of technology-intensive processes in non-farm sector.

Other suggestions include incentivising organic manure for improving carbon content in soil, resolving GST issues related to farmers producers’ organisations, incentives for agro processing units in the border districts and enhancing investments in R&D, it said.

The farm sector experts also suggested filling up of vacancies in agricultural universities, increasing investment in micro irrigation and solar pumps, financial incentives to states for implementing agricultural market reforms, and promotion of handlooms and handicraft in northeastern states.

Suggestions for dairy sector also came in relating to tax and duty structure and improving Prime Minister Krishi Sinchai Yojna.

Representatives of agriculture and rural development sectors included Bharat Krishak Samaj Chairman Ajay Vir Jakhar, Watershed Organisation Trust Managing Trustee Crispino Lobo, National Cooperative Union of India Chief Executive N Satya Narayan and NABARD Chairman Harsh Kumar Bhanwala.

During the consultation, Sitharaman stressed on the representation of different regions of the country so that their specific needs relating to these sectors could also be considered.

The finance minister said the ministry will also hold broad based consultations with different stakeholders from fisheries sector to bring about a blue revolution by optimally using maritime resources, the statement said.

The meeting was also attended by Minister of State for Finance and Corporate Affairs Anurag Thakur, Finance Secretary Subhash Garg, Agriculture Secretary Sanjay Agarwal, Rural Development Secretary Amarjeet Sinha and other senior government officials.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Shivakumar desperately wants to become CM, says K’taka BJP chief Vijayendra

M’luru: Hotelier approaches consumer court after car filled with diesel instead of petrol

CET 2024: At least 45 questions out of syllabus, claim students

‘Out of control’ lorry hits several vehicles, shops after ‘brake failure’ at Yedapadavu

RCB helps restore three Bengaluru lakes; chips in to solve water crisis

Elderly tourist from Bengaluru goes missing in Goa

Bengaluru’s Shift to Smarter Spending: Pre-Owned Car Sales Jump 87 percent

Related Articles More

Stock markets stage strong rebound after 4 days of slump, Sensex rallies 599 pts

PHF Leasing Limited raises $10 Mn through a mix of equity and debt

CCPA asks FSSAI to probe claim of Nestle adding sugar to baby products

Markets tank in early trade as Middle East tensions flare-up

Tesla shares tumble below $150 per share, giving up all gains made over the past year

MUST WATCH

Grafting Jack Anil

Heat Illness

Dwarakish death at 81

H. D. Deve Gowda

Aura Cake shop in udupi


Latest Additions

Injuries don’t define you: Mohammed Shami shares rehab update

Shivakumar desperately wants to become CM, says K’taka BJP chief Vijayendra

Scribe throws lapel microphone towards Sharad Pawar in Baramati; cops give clean chit

India delivers first batch of BrahMos missiles to Philippines

Air India cancels Dubai flights due to operational disruptions

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.