Agriculture Budget allocates ₹53,752 cr for farm revival
after close1 source ↓written by the desknot a recommendation
- plan
- ₹53,752.12 cr
- currently stands
- 7.83%
- to GSDP
- 33.2%
The state government announced a ₹53,752.12 cr plan under the Rythanna Meekosam initiative, focusing on five key areas: water security, demand-driven crops, agri-tech adoption, food processing, and enhanced support for farmers. This strategy aims to boost agricultural growth, which currently stands at 7.83%, contributing 33.2% to GSDP. 📈
The budget emphasizes integrating technologies like AI and drones to modernize farming, potentially improving profitability for farmers. Immediate market implications may include increased investment in agri-tech and food processing sectors.
Not investment advice. For informational purposes only.