“It has the required provisions to lift the earnings of farmers,” he mentioned.
The finances is concentrated on growing infrastructure in agriculture sector. He mentioned that the finances has given APMCs entry to agriculture infrastructure fund (AIF) for improvement of promoting infrastructure in mandis.
The federal government has arrange Rs 1 lakh crore AIF to fund agriculture infrastructure, worth chain and different advertising and marketing infrastructure.
Tomar mentioned that the federal government has raised the farm credit score goal to Rs 16.5 lakh crore – up by 10% from Rs 15 lakh crore in 2020-21.
“The agriculture credit score goal was Rs 7 lakh crore which was greater than doubled final 12 months and now it has been additional raised. This may guarantee simple credit score circulate for farmers, fishermen and dairy farmers,” he mentioned.
Tomar mentioned that the finances will assist in general progress of the nation.