Rs.1 Lakh Crore Agriculture Fund Driving Rural Growth and Farm Modernization

The Indian government has launched the Agriculture Infrastructure Fund (AIF) with a substantial ₹1 lakh crore investment to enhance rural agricultural infrastructure, aiming to create a self-reliant agricultural economy by 2030

The AIF is facilitating the development of cold storage facilities, warehouses, primary processing units, and farm mechanization centers, which are crucial in reducing post-harvest losses and helping farmers secure better market prices

The initiative is creating numerous rural job opportunities, with projects generating employment for 4 to 9 individuals per project, thereby strengthening the rural economy and improving living standards

The government is implementing the Swaminathan Commission's recommendation by setting the Minimum Support Price (MSP) at 50% above the cost of production, significantly benefiting farmers by ensuring fair compensation for their produce

A considerable increase in pulses procurement has been witnessed, with the current government procuring 192 crore metric tonnes compared to only 6 lakh metric tonnes during the previous administration.

The Pulses Self-Reliance Mission aims to make India self-sufficient in pulses production by 2030, focusing on improved seed varieties, scientific research, and comprehensive policy support

To combat air pollution from stubble burning, the government offers subsidies for stubble management machinery and promotes sustainable farming practices, reducing incidents of stubble burning notably

Crop diversification and water conservation are being prioritized, encouraging the cultivation of pulses, oilseeds, millets, and other crops, while promoting water-efficient techniques like Direct Seeded Rice (DSR) to address excessive water usage

The AIF's comprehensive approach not only targets increased agricultural production but also emphasizes minimizing post-harvest losses, ensuring fair pricing, and fostering a sustainable and self-reliant agricultural sector in India

The article highlights the government's commitment to transforming Indian agriculture through substantial investments, policy reforms, and innovative practices aimed at enhancing rural livelihoods and the overall agricultural landscape