Odisha Agriculture Budget 2016-17 Presented; Hiked by 20.89 %


March 19, 2016 21:44 PM IST

Bhubaneswar: State Minister for Finance Pradip Amat presented a separate agriculture budget for 2015-16 in the Assembly today. As was expected, the budget went on making arrangements for loan waving aimed at farmers in distress. Hiked by 20.89%, this year’s budget also accommodates special provision to avail women with farming equipments.

Here are some highlights of this year’s agriculture budget:

  • The total state agriculture budget outlay 2016-17 has been estimated at Rs 13181.89 Cr. It is a hike by 20.89 % per cent from last year’s budget.
  • In the new budget government has led emphasis on water resource and co-operative sectors by allocating Rs 7241.66 Cr and Rs 1821.73 Cr to them respectively.
  • Similarly, with an aim to help allied agriculture sector prosper, the budget has allocated Rs 679.60 Cr to fisheries and livestock sector this year.
  • Apart from bringing change in crop pattern  in the state, government has decided to irrigate 10 lakh hectare farm lands by 2019.
  • With an aim to develop large, medium, mini and micro irrigation facilities in the state the unfinished projects would be completed on a priority basis and Rukuka an Lower Indra projects would be finished by coming fiscal year, budgetary provisions has been made in this regard.
  • As many as 17,500 tube wells would be set up in the state especially in areas with less groundwater in coming days. Budget provisions has been made in this regard.
  • With an aim to promote a kind of pulse, “Mandia”, largely used by tribals special provision has been made in the budget and a significant amount of fund would be pumped into this project.
  • Under a special scheme for women farmers in the state, government has decided to provide them with farming equipments.
  • Special scheme has been floated to guarantee equitable distribution of fertilizers in the state in this budget.
  • Government has decided to distribute 2 lakh Kissan Credit Cards to the farmers in coming one year.
  • Rs 800 Cr has been allocated to the Agriculture Insurance Scheme in the state.
  • State would bear a share of Rs 300 Cr in Centre’s Pradhanmantree Krishi Bima Yojna.
  • Fisheries and Livestock farming has got a budget share of Rs 679.60 Cr this year with an aim production aim of 7.15 lakh tonne by 2019-20.

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