The scheme, which now accounts for a lion's share of the agriculture budget, came on the back of falling crop prices and losses for the ruling Bharatiya Janata Party in crucial state elections.
Things have changed this time around. Crop prices are higher due to repeated climate-induced crop losses, despite export curbs on cereals and sugar. After a thumping win in recent state elections, the ruling party has less reason to woo rural voters with extravagant sops.
Yet, farmers could expect a higher cash transfer under PM-Kisan and a reallocation targeted at female members of farm families. Other than that, the budget is likely to increase funding for procurement of non-cereal crops like pulses where inflation is painfully high (21% higher year-on-year losses, despite export curbs on in December 2023).
هذه القصة مأخوذة من طبعة January 19, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 19, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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