Here is how farmers will benefit from Budget 2018

470 Agriculture produce market committee will be linked to E-NAM

Image: PTI/Representational

New Delhi: Finance Minsiter Arun Jaitley on Thursday presented his government’s last Union Budget in the parliament.  The budget has special provisions for the farmers and farm sector and a huge amount of money has been allotted for the same. Here is how farmers benefit from the BUDGET 2018:

• As per FM Jaitley, the government would aim to double farmer income by 2022
• Will give farmer 1.5times of their expenses
• 470 Agriculture produce market committee will be linked to E-NAM (National Agriculture Market)
• Organic farming will increase in farms with land over 1,500 hectares
• Rs 200 crore to link cottage industry with organic farming
• Allocate Rs 500 crore for operation green for potatoes, tomatoes and onions wjich are consumed throughout the year
• Fsihery and aqua culture fund will be created and will be allocated Rs10,000 crore each
• 42 mega food parks will be created
• For loan in farm sector Rs 11 lakh crore have been allotted