Stress on zero budget farming: allocation hiked

With special stress of ‘zero budget farming’, the Modi Government on Friday allocated Rs 1,30,485 crore to agriculture sector in its budget 2019- 20—almost 51,000 crore up from the revised allocation of the year 2018-19. In her budget, Union Finance Minister Nirmala Sitharaman proposed a historic allocation of Rs 1,30,485 crore in the budget 2019- 20—51,459 crore up from revised allocation of Rs 79026 in 2019-20. The increase is mostly due to allocation of Rs 75,000 crore to the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan). This year more than 57% assistance to the farmer would be through Direct Benefit transfer schemes.