Narendra Modi

KCC limit increased to ₹5 lakh for farmers. New schemes to enhance agricultural productivity and employment. Focus on sustainable farming and rural prosperity. Union Budget Boosts Agriculture with Key Announcements In a series of crucial announcements in the Union Budget, Finance Minister Nirmala Sitharaman has placed a significant emphasis on agriculture, recognizing it as the primary driver of growth for the country. One of the standout decisions was the increase in the Kisan Credit Card (KCC) loan limit from ₹3 lakh to ₹5 lakh. This move is expected to provide greater financial support to farmers, helping them manage their farming needs more effectively. Along with this, the government launched several initiatives to further support the agricultural sector. One key initiative is the “PM Dhan-Dhanya Krushi Yojana,” aimed at increasing agricultural productivity in 100 districts where productivity is below the national average. This scheme, with state government collaboration, is set to benefit over 1.7 crore farmers. In addition to enhancing productivity, the government introduced a new rural employment and resilience program to address unemployment and migration. Targeted at rural women, young farmers, and landless families, this program is designed to create sustainable livelihoods in rural areas. Chhattisgarh Maoist Encounter: 8 Killed, Security Forces Seize Weapons The Budget also announced a special program to boost self-sufficiency in pulses production, with plans to purchase pulses directly from farmers under the Nafed and NCCF. Alongside, a push to increase cotton production with a five-year program will ensure that India remains competitive in the textile industry. To support regional agriculture, a new board will be set up for the promotion of Makhana (Lotus seeds) in Bihar, while also focusing on sustainable fish production in Andaman & Nicobar Islands and Lakshadweep. The government has also set up a new urea production plant in Assam to meet the country’s growing fertilizer needs. While some subsidies for food and fertilizers have been slightly increased, the overall goal remains to uplift farmers and rural communities, making India’s agricultural sector more sustainable and productive.

Kisan Credit Card Limit Increased to ₹5 Lakh in Latest Union Budget