Union Budget 2024: Key Highlights on Agriculture Funding and Subsidy Cuts
Wednesday, 24 July 2024, 07:34
Union Budget 2024 Overview
The Union Budget 2024 presented by Finance Minister Nirmala Sitharaman contains critical allocations for the agriculture sector. The government has earmarked ₹1.50 lakh crore to support agricultural development.
Key Highlights
- ₹1.50 Lakh Crore Allocation for agriculture
- Focus on climate resilience and natural farming
- Reduction in food and fertilizer subsidies
This budget is a significant step towards enhancing agricultural productivity while ensuring sustainability. The proposed changes might reshape financial support for farmers as the government turns its focus on eco-friendly farming methods.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.