Budget 2014: Manure of infra and credit for Indian fields

Jul 11 2014, 11:32 IST
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Arun Jaitley has earmarked Rs 50,000 crore towards Short Term Cooperative Rural Credit. Arun Jaitley has earmarked Rs 50,000 crore towards Short Term Cooperative Rural Credit.
SummaryThe thrust is on ridding the sector of storage woes and giving farmers access to funds.

in Telangana and Haryana. Besides, R100 crore would be set aside to establish Agri-Tech Infrastructure Fund.

Expressing concerns over deteriorating soil health, Jaitley said the government will launch a R100-crore scheme to provide every farmer with a soil health card. An additional R56 crore will be provided for setting up 100 Mobile Soil Testing Laboratories across the country. Other proposals include R100 crore for National Adaptation Fund and R200 crore to supplement Nabard’s producer organisation development fund.

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