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India ranks second worldwide in farm output.

It includes the food production & domestication which led to significant changes in human society, population increase and biological changes.

Average annual growth rate of agriculture and allied


sector was 3.6% during XI Agricultural research provided 3,415 crore.

Nishant

Credit Target The Interest Subvention Scheme Revised Estimates

2012 575,000 Cr Same 22,049 Cr

2013 700,000 Cr Same 22% Increase 5,387 Cr

Integrated Watershed 3,050 Cr Programmed

Shridhar

Bringing green revolution to eastern India a remarkable success. ` 1,000 crore allocated in 2013-14. 500 crore allocated to start a programme of crop diversification that would promote technological innovation and encourage farmers to choose crop alternatives. Allocation for integrated watershed programme increased from ` 3,050 crore in 2012-13 (BE) to ` 5,387 crore.

Sweta

The Indian Institute of Agricultural Bio-technology will be established at Ranchi, Jharkhand. Pilot scheme to replant and rejuvenate coconut gardens implemented in some districts of Kerala and the Andaman & Nicobar extended to entire State of Kerala. Matching equity grants to registered Farmer Producer Organization (FPO) up to a maximum of ` 10 lakhs per FPO to enable them to leverage working capital from financial institutions.

Komal

National Livestock Mission to be set up. A provision of ` 307 crore made for the Mission. Credit Guarantee Fund to be created in the Small FarmersAgri Business Corporation with an initial corpus of ` 100 crore. Additional provision of Rs. 10,000 crore for National Food Security Act. Arundhati

Farm land activists criticised. Encouraging -Rs 307 crore for National Livestock Mission. Sanjay Kaul, managing director and CEO of the National Collateral Management Services Ltd Non-starter Rs 10,000 crore - food security bill Welcomed the exemption of service tax or testing agricultural produce . Kishor Tiwari, president of Vidarbha Jan Andolan Samiti (VJAS) No special bailout packages and funds to encourage organic farming practices More interested in promoting interests of MNCs and market speculators.

Pooja

Sushil Karwa, managing director of Krishidhan Group Welcomed the allocation of Rs 500 crore -crop diversification &technological innovation. Allocation of Rs 3,415 crore for agri-research is also very encouraging. Private sector is playing a leading role in biotech and agri sector so government would channelise some funds . No specific measures to benefit the biotechnology industry or the vaccine industry in terms of tax exemptions or benefits. Increased outlay for health and agriculture in general and specifically for the Rashtriya Krishi Vikas program and the new National Livestock Mission will have spin off benefits for our industry.

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