About us

Welcome to our complete News Portal about Modern Agriculture Times, Press Release, News, and Articles. Take your time and immerse yourself in this amazing experience!
Read More..

The India-South Africa Joint Working Group On Agriculture Deepens Cooperation In Agriculture With Virtual Meeting
Agriculture

The India-South Africa Joint Working Group On Agriculture Deepens Cooperation In Agriculture With Virtual Meeting

by Junior Editor
August 28, 2025
0

The India-South Africa Joint Working Group On Agriculture Deepens Cooperation In Agriculture With Virtual Meeting India and South Africa made...

Read more
AI for Bharat: How Artificial Intelligence is Transforming Agriculture, Healthcare, and Education in India

AI for Bharat: How Artificial Intelligence is Transforming Agriculture, Healthcare, and Education in India

August 21, 2025
Agri Scientists To Visit Farms In October To Boost Rabi Crop: Chouhan

Agri Scientists To Visit Farms In October To Boost Rabi Crop: Chouhan

August 21, 2025
UPL Launches ‘Brucia’ – A New Post-Emergence Herbicide For Maize Farmers In India

UPL Launches ‘Brucia’ – A New Post-Emergence Herbicide For Maize Farmers In India

August 12, 2025
Historic Crop Insurance Disbursement For Farmers Under PMFBY To Be Held In Rajasthan

Historic Crop Insurance Disbursement For Farmers Under PMFBY To Be Held In Rajasthan

August 12, 2025
Tuesday, October 28, 2025
Modern Agriculture Times
  • Home
  • Agriculture
    The India-South Africa Joint Working Group On Agriculture Deepens Cooperation In Agriculture With Virtual Meeting

    The India-South Africa Joint Working Group On Agriculture Deepens Cooperation In Agriculture With Virtual Meeting

    Agri Scientists To Visit Farms In October To Boost Rabi Crop: Chouhan

    Agri Scientists To Visit Farms In October To Boost Rabi Crop: Chouhan

    UPL Launches ‘Brucia’ – A New Post-Emergence Herbicide For Maize Farmers In India

    UPL Launches ‘Brucia’ – A New Post-Emergence Herbicide For Maize Farmers In India

    Historic Crop Insurance Disbursement For Farmers Under PMFBY To Be Held In Rajasthan

    Historic Crop Insurance Disbursement For Farmers Under PMFBY To Be Held In Rajasthan

    PM Modi to Inaugurate M.S. Swaminathan Centenary International Conference on August 7

    PM Modi to Inaugurate M.S. Swaminathan Centenary International Conference on August 7

    Empowering Farmers: Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY) Rolls Out With a Six-Year Roadmap

    Empowering Farmers: Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY) Rolls Out With a Six-Year Roadmap

    Empowering Farmers, Strengthening Agriculture: Union Minister Shivraj Singh Chouhan Addresses Patna Gathering on PM-KISAN 20th Installment

    Empowering Farmers, Strengthening Agriculture: Union Minister Shivraj Singh Chouhan Addresses Patna Gathering on PM-KISAN 20th Installment

    Mari’s Gardens Summer Fair 2025: A Celebration Of Sustainable Farming And Community Spirit

    Mari’s Gardens Summer Fair 2025: A Celebration Of Sustainable Farming And Community Spirit

    India Strengthens Animal Health Framework: Key Reforms, Indigenous Vaccines, and Global Recognition Reviewed at 9th ECAH Meeting

    India Strengthens Animal Health Framework: Key Reforms, Indigenous Vaccines, and Global Recognition Reviewed at 9th ECAH Meeting

  • Farmers
    Empowering Farmers, Strengthening Agriculture: Union Minister Shivraj Singh Chouhan Addresses Patna Gathering on PM-KISAN 20th Installment

    Empowering Farmers, Strengthening Agriculture: Union Minister Shivraj Singh Chouhan Addresses Patna Gathering on PM-KISAN 20th Installment

    Global Flower Industry Blooms In Kunming With The 23rd IFEX Showcasing Innovation And Trade

    Global Flower Industry Blooms In Kunming With The 23rd IFEX Showcasing Innovation And Trade

    All-In-One Livestock Management App Empowering Farmers Nationwide – Gau Sampurna

    All-In-One Livestock Management App Empowering Farmers Nationwide – Gau Sampurna

    How transitioning from nitrogen fertilisers will decarbonise the Netherlands’ food and agriculture industry

    How transitioning from nitrogen fertilisers will decarbonise the Netherlands’ food and agriculture industry

    New support for innovative farmers in West Devon and South Hams

    New support for innovative farmers in West Devon and South Hams

    Digitisation in agriculture to bring in next big Green Revolution: Amitabh Kant

    Digitisation in agriculture to bring in next big Green Revolution: Amitabh Kant

    Rajasthan government bets on investment in agriculture-based industries

    Rajasthan government bets on investment in agriculture-based industries

    Agriculture Robot Market Report 2023-2030: Industry Size, Supplier Analysis, Growth and Latest Insights by RationalStat

    Agriculture Robot Market Report 2023-2030: Industry Size, Supplier Analysis, Growth and Latest Insights by RationalStat

    Farmers from Himachal's Lahaul-Spiti Shed Light On Various Losses They've Suffered Due to Relentless Rains

    Farmers from Himachal’s Lahaul-Spiti Shed Light On Various Losses They’ve Suffered Due to Relentless Rains

  • technology
    AI for Bharat: How Artificial Intelligence is Transforming Agriculture, Healthcare, and Education in India

    AI for Bharat: How Artificial Intelligence is Transforming Agriculture, Healthcare, and Education in India

    Prime Minister Sets Out AI Action Plan At UCL

    Prime Minister Sets Out AI Action Plan At UCL

    COLINES Innovative Cast MOPE Film for Printing on Show at DRUPA Event

    COLINES Innovative Cast MOPE Film for Printing on Show at DRUPA Event

    Ola Cloud Migration: Shifting IT Workload From AWS After Exiting Microsoft Azure

    Ola Cloud Migration: Shifting IT Workload From AWS After Exiting Microsoft Azure

    Agnikul Cancels Maiden Rocket Launch for the Fourth Time

    Agnikul Cancels Maiden Rocket Launch for the Fourth Time

    ‘Tesla is far ahead…’: Nvidia’s Jensen Huang praises Elon Musk’s self-driving efforts at Tesla

    ‘Tesla is far ahead…’: Nvidia’s Jensen Huang praises Elon Musk’s self-driving efforts at Tesla

    86 Per Cent Indians Believe Misinformation and Harmful Deepfakes Will Affect Future Elections: Adobe Study

    86 Per Cent Indians Believe Misinformation and Harmful Deepfakes Will Affect Future Elections: Adobe Study

    Kongsberg PCS Embraces Own ‘Maximizing Creativity’ Message With Drupa 2024 Booth Display

    Kongsberg PCS Embraces Own ‘Maximizing Creativity’ Message With Drupa 2024 Booth Display

    Google AI Overview calls US President Obama Muslim and tells people to jump off a bridge; company responds

    Google AI Overview calls US President Obama Muslim and tells people to jump off a bridge; company responds

  • News
    Empowering Farmers, Strengthening Agriculture: Union Minister Shivraj Singh Chouhan Addresses Patna Gathering on PM-KISAN 20th Installment

    Empowering Farmers, Strengthening Agriculture: Union Minister Shivraj Singh Chouhan Addresses Patna Gathering on PM-KISAN 20th Installment

    Mari’s Gardens Summer Fair 2025: A Celebration Of Sustainable Farming And Community Spirit

    Mari’s Gardens Summer Fair 2025: A Celebration Of Sustainable Farming And Community Spirit

    Aduro Clean Technologies Announces Second Partial Exercise of Over-Allotment Option

    Aduro Clean Technologies Announces Second Partial Exercise of Over-Allotment Option

    Digitalisation Of Part Trading And Retail The Toptrend In 2024 For GCC Automotive Aftermarket,Says Expert During Automechanika Dubai

    Digitalisation Of Part Trading And Retail The Toptrend In 2024 For GCC Automotive Aftermarket,Says Expert During Automechanika Dubai

    UAE’s First Lithium Battery Recycling Plant Announced At Automechanika Dubai 2024

    UAE’s First Lithium Battery Recycling Plant Announced At Automechanika Dubai 2024

    Record-Breaking 21st Edition Of Automechanika Dubai Opens Today With A 15% Increase In Exhibiting Companies

    Record-Breaking 21st Edition Of Automechanika Dubai Opens Today With A 15% Increase In Exhibiting Companies

    USIBC Signs MOU With Government Of Telangana, Hosts AI And GCC Industry Roundtable

    USIBC Signs MOU With Government Of Telangana, Hosts AI And GCC Industry Roundtable

    MaterialsZone Launches Fully Integrated, AI-Guided Product Development Feature

    MaterialsZone Launches Fully Integrated, AI-Guided Product Development Feature

    Envalior And Ford Win Spe Automotive Award For Most Innovative Use Of Plastics

    Envalior And Ford Win Spe Automotive Award For Most Innovative Use Of Plastics

  • Economy
    Agriculture sector still holds hope for ailing economy

    Agriculture sector still holds hope for ailing economy

    Narendra Singh Tomar, Union Minister of Agriculture and Farmers Welfare

    Focus more on research in animal husbandry, fisheries for overall farm sector growth: Tomar to farm scientists

    Director Agriculture Chowdhury Mohammad Iqbal visits SMF Allowpora Shopian

    Director Agriculture Chowdhury Mohammad Iqbal visits SMF Allowpora Shopian

    Explained: How D2C Organic Farming Is Also Empowering Local Communities

    Explained: How D2C Organic Farming Is Also Empowering Local Communities

    Sahakar Se Samriddhi: 2,500 Kisan Drones To Be Procured By IFFCO For Sustainable Agriculture

    Sahakar Se Samriddhi: 2,500 Kisan Drones To Be Procured By IFFCO For Sustainable Agriculture

    Scope of BSc Agriculture in India | Higher studies and career options

    Scope of BSc Agriculture in India | Higher studies and career options

    We support the idea of making India a global manufacturing hub : US-India Biz Counci

    We support the idea of making India a global manufacturing hub : US-India Biz Counci

    Union Budget 2023-24: India’s farmers can take to organic agriculture with proper support

    Union Budget 2023-24: India’s farmers can take to organic agriculture with proper support

    Challenges faced by farmers due to climate change have further exacerbated the food insecurity situation across India

    Opinion | From Crop Failure to Food Security: How Climate Change Affects Farmers and Communities

  • Research
    Growth dips, public investment stagnant in agriculture sector

    Growth dips, public investment stagnant in agriculture sector

    State requires an outlook report to remove uncertainty in agriculture: CM

    State requires an outlook report to remove uncertainty in agriculture: CM

    Crop waste cattle feed solution ‘averts toxic fires’

    Crop waste cattle feed solution ‘averts toxic fires’

    Is future of crops hiding in past? Israel harnessing DNA to enhance food supply

    Is future of crops hiding in past? Israel harnessing DNA to enhance food supply

    Agriculture Packaging Market Growth, Overview with Detailed Analysis 2022-2028

    Agriculture Packaging Market Growth, Overview with Detailed Analysis 2022-2028

    Why the Agricultural Sector Roadmap to 1.5°C is encouraging

    Why the Agricultural Sector Roadmap to 1.5°C is encouraging

    Cellular Agriculture Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

    Cellular Agriculture Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

    Genetic resources for food and agriculture come under the microscope at FAO event

    Genetic resources for food and agriculture come under the microscope at FAO event

    The Changing Face of Agriculture

    The Changing Face of Agriculture

  • About US
  • English
    • Arabic
    • Dutch
    • English
    • French
    • German
    • Hindi
    • Italian
    • Portuguese
    • Russian
    • Spanish
No Result
View All Result
Modern Agriculture Times
No Result
View All Result
Home Agriculture

Importance of the Budget for agriculture sector

by Junior Editor
May 18, 2023
in Agriculture, Budget, Featured, Sector
0
A farmer harvests mint in Karnataka. (AFP)
Share on FacebookShare on Twitter
Post Views: 38

Importance of the Budget for agriculture sector

Agriculture accounts for about 15% of the GDP but employs more than 40% of Indian workers

Agriculture accounts for about 15% of the GDP but employs more than 40% of Indian workers. One of the most ambitious promises made by the National Democratic Alliance government, after it assumed office in 2014, was to double farmers’ incomes by 2022. Evidence from the latest Situation Assessment Survey (SAS) shows that farming continues to be crisis ridden and is increasingly becoming a marginal occupation for farmers (https://bit.ly/3H3WZJJ). What role does the Budget play as far as government spending is concerned? Here are five charts which explain this in detail.

How much does the central government spend on agriculture?

The answer to that question is not as simple as one might think. This is because spending relevant to agriculture takes place through multiple ministries. The ministry of agriculture’s annual spending, as per the Budget Estimates in 2022-23, is ₹1.33 lakh crore. The “Budget at a glance” document for the 2022-23 Union Budget puts total agricultural and allied activities spending at ₹1.5 lakh crore. A rough calculation suggests that this number might include spending on irrigation under the Jal Shakti ministry and some other minor heads. To be sure, the actual central government spending on agriculture is much more than this amount. This is because of spending on two major subsidy heads, food and fertilisers. India’s Public Distribution System (PDS) uses grains procured from farmers at minimum support prices (MSP), which is distributed to beneficiaries at a negligible cost. Similarly, the government subsidies fertiliser manufacturers to provide cheap fertilisers to farmers. While all of this spending does not directly reach farmers, a large part of it does benefit them. A holistic measure of central government support to farmers, should therefore, include the money spent on these heads. Centre for Monitoring Indian Economy (CMIE) data provides a disaggregated classification of spend on agriculture and allied activities under various heads. It shows that total spending on agriculture has been significantly larger than what the ministry of agriculture’s annual allocation is.

But there is very little spending as far as future of agriculture is concerned

The tragedy of India’s agriculture spending, however, is reflected in the predicament of the average Indian farmer: most of it is hand-to-mouth in nature. The proof of this can be seen in the paltry allocation to agriculture research and development (R&D). In 2022-23, central government spending on this head was ₹8,013 crore, which is just 6.4% of the total spending by the ministry of agriculture. Government spending on agricultural R&D is important because, unlike in the case of industry, farmers do not have the economic wherewithal to undertake such activity on their own. Total capital spending on agriculture, as per CMIE’s database – this includes spending by other ministries as well – was just 1.1% of the total spending on agriculture in 2022-23. This is significantly lower than the overall share of capital spending by the central government (19%).

Still, the Centre does spend more on agriculture than the states

Agriculture, technically speaking, is under the state list in the Constitution. However, strategic considerations of food security and the sector’s political importance have made sure that the Centre spends more on the sector than what is spent by the states put together. This is unlike the case for overall government spending, where the states now outspend the centre (https://bit.ly/3XUla44). The Centre’s share in total agricultural spending received a big boost when the government announced the PM-KISAN scheme in 2019.

Central and state spending is of a very different nature

While the Centre has a majority share in total government spending on agriculture, state spending cannot be considered unimportant at all. This is because the spending priorities of the two levels of government are significantly different. An analysis of the CMIE database shows that state spending has a much bigger share than central spending in crucial agriculture and allied activities such as animal husbandry, dairy development, and fisheries.

Per-farmer agricultural spending by different states varies vastly

The importance of agriculture and share of farmers in the total workforce varies significantly across Indian states. This also means that per farmer spending in states varies significantly. One way to compare this is to look at total spending by states per agriculture household. In the latest (2019) SAS, an agricultural household is defined as one that produced field or horticultural crops, livestock, or other specified agricultural products worth more than ₹4,000 and had a member self-employed in agriculture in the 365 days preceding the survey.

Government spending per per agricultural household in 2022-23 varied from ₹9,264 in Uttar Pradesh to ₹99,768 in Tamil Nadu. Because states are the bigger contributors (compared to the central government) in the spend on animal farming, it might be useful to check if this big difference persists in the spend on animal farming. This can be done by calculating the combined expenditure on animal husbandry, dairy development, and fisheries, and dividing it by the number of animal farming households. Even this spending varies widely across states: from ₹2,637 in Uttar Pradesh to ₹29,562 in Telangana in 2022-23.

The reasons behind such wide differences can be many. One possible reason is fiscal capacity. If a state’s per capita spending in general is relatively lower, it will find it difficult to spend better than other states on agriculture, too. On the other hand, a state can also choose to spend less on agriculture. Whatever the reasons, it means that farmers in different states of India enjoy drastically different amount of government support.

 

News Source

#agriculture #technology #agri-tech #scheme #research #farmers #resources #economy #pollution #startup

Junior Editor

Junior Editor

The India-South Africa Joint Working Group On Agriculture Deepens Cooperation In Agriculture With Virtual Meeting
Agriculture

The India-South Africa Joint Working Group On Agriculture Deepens Cooperation In Agriculture With Virtual Meeting

by Junior Editor
August 28, 2025
0

The India-South Africa Joint Working Group On Agriculture Deepens Cooperation In Agriculture With Virtual Meeting India and South Africa made...

Read more
AI for Bharat: How Artificial Intelligence is Transforming Agriculture, Healthcare, and Education in India

AI for Bharat: How Artificial Intelligence is Transforming Agriculture, Healthcare, and Education in India

August 21, 2025
Agri Scientists To Visit Farms In October To Boost Rabi Crop: Chouhan

Agri Scientists To Visit Farms In October To Boost Rabi Crop: Chouhan

August 21, 2025
UPL Launches ‘Brucia’ – A New Post-Emergence Herbicide For Maize Farmers In India

UPL Launches ‘Brucia’ – A New Post-Emergence Herbicide For Maize Farmers In India

August 12, 2025
Historic Crop Insurance Disbursement For Farmers Under PMFBY To Be Held In Rajasthan

Historic Crop Insurance Disbursement For Farmers Under PMFBY To Be Held In Rajasthan

August 12, 2025

About us

Welcome to our complete News Portal about Modern Agriculture Times, Press Release, News, and Articles. Take your time and immerse yourself in this amazing experience!
Read More..

MODERN BUSINESS GLOBAL NETWORK

Modern Business India
Modern Business Network
Modern Business Gulf
Modern Business PR
Modern Business Asia
Load More

MODERN PLASTICS GLOBAL NETWORK

Modern Plastics India
Modern Plastics Global
Modern Plastics Asia
Modern Plastics Europe
Modern Plastics America
Load More

WOMEN INDIA NETWORK

Women India Network
Women India Org
Modern Women India
Women India Tv
Modern Beauty N Fitness
Load More

  • News
  • India
  • Economy
  • Agri-tech
  • Contact

© 2025 Modern Agriculture Times -A Part of Modern Business Network (Germany)

No Result
View All Result
  • Home
  • Agriculture
  • Farmers
  • technology
  • News
  • Economy
  • Research
  • About US

© 2025 Modern Agriculture Times -A Part of Modern Business Network (Germany)