Business

Union Budget 2025 Unveils Game-Changing Credit and Welfare Schemes for Farmers

Revolutionizing Agriculture: A Closer Look at the Union Budget 2025

In a bold move to position agriculture as the cornerstone of growth, the Union Budget 2025 introduces a series of innovative schemes aimed at empowering farmers and boosting rural prosperity. Among the highlights is a special program targeting 100 low-productivity agricultural districts, designed to enhance farming efficiency and sustainability.

Union Budget 2025: Credit & welfare sops in growth sauce for kisan

The budget also proposes a six-year mission to achieve self-reliance in pulses production, focusing on improving the well-being of farmers and ensuring rural prosperity. This initiative includes the development of climate-resilient seeds, enhancement of protein content, and measures to secure remunerative prices for farmers.

Expanding Credit Access for Farmers

Significantly, the government plans to increase the subsidized Kisan Credit Card (KCC) loan limit to Rs 5 lakh from Rs 3 lakh, benefiting 7.7 crore farmers, fishermen, and dairy farmers. This move aims to facilitate short-term loans, thereby supporting the agricultural community in overcoming financial hurdles.

Focus on Sustainable Agriculture and Productivity

Further initiatives include the launch of a National Mission on High Yielding Seeds and a Mission for Cotton Productivity, alongside the establishment of a Makhana Board in Bihar. These efforts underscore the government's commitment to sustainable agriculture practices and the enhancement of agricultural productivity across the country.