FM looks to make farm incomes grow as he launches Operation Green initiative
It was expected Finance Minister Arun Jaitley would present a populist Budget this year given that it is this governments last full Budget before the General Elections in 2019.
As expected, support for agriculture infrastructure has been increased with the total outlay for institutional credit for Indian agriculture proposed at Rs 10 lakh crore, up from Rs 8.4 lakh crore last year.
It is good see the government focusing on e-NAM (electronic National Agriculture Market). It is important for farmers to get market prices and access to markets. It is good to see them push the agri sector to connect with food parks, said Mohandas Pai, Chairman of Aarin Capital.