Rs 2.37 lakh crores for MSP to farmers

- Advertisement -

Finance Minister Nirmala Sitharaman, while presenting the Union Budget, said that the country is expected to grow at 9.27 per cent in the coming year. With a focus on four pillars of development — inclusive development, productivity enhancement, energy transition and climate action — the Budget gives a blueprint of economy from India at 75 to India at 100, Sitharaman said.

A Made in India tablet has replaced the traditional ‘Bahi Khata’ for the second consecutive year. The Union Cabinet approved the Budget, following a meeting with Prime Minister Narendra Modi Finance Minister Nirmala Sitharaman, Union Home Minister Amit Shah, Defence Minister Rajnath Singh, among others

Procurement of wheat in Rabi season 2021-22 and the estimated procurement of paddy in Kharif season 2021-22 will cover 1,208 lakh metric tonnes of wheat and paddy from 163 lakh farmers & Rs 2.37 lakh crores will be the direct payment of MSP value to their accounts stated the FM.

There was a sharp increase in public investment and capital expenditure in Budget 2021-22…This Budget (2022-23) will benefit the youth, women, farmers, and the backward classes. The PM Gati Shakti master plan will guide the process, says Finance Minister Nirmala Sitharaman.

- Advertisement -