<div id="readability-page-1"><div id="contentdata"><div>  <h2>In 2024-25, the government allocated Rs 65,529 crore towards agricultural schemes, excluding PM-KISAN. </h2> </div>  <p>While rural consumption has been on a road to recovery in the past year, the agriculture sector is hoping that the upcoming Budget of 2025 will announce measures that will further bolster rural infrastructure and improve farmer incomes.</p><p>An improvement in roads, irrigation facilities and better warehousing infrastructure can improve supply chain efficiency and cap post-harvest losses for farmers, thereby lift the rural economy further.</p><p>&#34;Agriculture is equally important and remains central to India’s economic fabric. Initiatives such as One District, One Warehouse, can minimise post-harvest losses and improve supply chain efficiency, resulting in an increase in farmer incomes,&#34; said Sanjaya Mariwala, President of IMC Chamber of Commerce and Industry.</p><p>Rapid climate change has long been a pain point for the agriculture sector and the industry is hoping for the government to announce a robust crop insurance mechanism, which is vital to deal with the damage caused due to extreme fluctuations in weather conditions.</p><p>&#34;By rationalising GST, reforming labour laws and incentivising green technologies, India can address the burgeoning issue of climate change while fostering resilience. These interconnected efforts, backed by public-private collaboration, can transform India into a future-ready, globally competitive economy,” Mariwala said.</p><p>Farmers are also calling for a review of the MSP regime, a doubling of PM-Kisan income support, access to cheaper long-term credit, and the removal of GST on various agricultural inputs. Ahead of the Budget, the agriculture minister has engaged in discussions with farmer representatives and held a review meeting with state agricultural ministers.</p><p>Also Read | Budget 2025: Experts predict moderate growth in defence budget allocation</p><p>Agriculture Minister Shivaraj Singh Chouhan, during a virtual review meeting, announced the government's six-point strategy to strengthen the farm sector. This includes boosting per-hectare production through ICAR-led research and introducing new seed varieties.</p><p>The strategy also focuses on reducing production costs, promoting micro-irrigation, advancing farm mechanisation, adopting new technologies, and implementing innovative agricultural methods.</p><p>In addition, Chouhan highlighted progress in flagship schemes such as PM-KISAN, Pradhan Mantri Fasal Bima Yojana, the DAP fertilizer subsidy, Kisan Credit Card initiative, and Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PMAASA).</p><p>In 2024-25, the government allocated Rs 65,529 crore towards agricultural schemes, excluding PM-KISAN. Since 2019-20, the agriculture budget has grown at a compounded annual growth rate (CAGR) of 5.4 percent, with non-PM-KISAN spending rising by 6.5 percent annually.</p><p>Key contributors to this spending include the crop insurance and modified interest subvention schemes, which together account for more than half of the expenditure on agricultural programmes outside of PM-KISAN.</p><p><em>Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.</em></p></div></div>

<p>The agriculture sector is optimistic about the upcoming Budget 2025, seeking measures to enhance rural infrastructure and farmer incomes. Key proposals include improving roads, irrigation, and warehousing to reduce post-harvest losses. The industry also calls for a robust crop insurance mechanism, GST rationalization, and a review of the MSP regime. Agriculture Minister Shivaraj Singh Chouhan outlined a six-point strategy to boost production and reduce costs, with a focus on innovative agricultural methods. The government allocated Rs 65,529 crore for agricultural schemes in 2024-25, reflecting a growth trend in the agriculture budget.</p>

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Budget 2025: Agri industry hopes for measures to boost farmer incomes, bolster rural infrastructure