Industry Captains and Experts Laud the Budget
This budget marks a significant step forward in agricultural development. By prioritizing agricultural research focused on climate-resilient crop varieties, it aims to bolster future food security and mitigate inflation risks. The substantial outlay of ₹1.52 lakh crore for the agricultural economy is a positive move for rural demand. Investment in agriculture and employability/skilling is poised to yield future productivity gains. 1 crore farmers will be initiated into natural farming, supported by branding and certification in the coming two years. 10,000 bio-input resource centers will also be established. These agricultural reforms are designed to enhance rural incomes and are expected to have a positive impact on credit demand and asset quality for lenders.