Agriculture is considered the first engine of development: PM

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PM addresses the post-budget webinar on Agriculture and Rural Prosperity

The Prime Minister Shri Narendra Modi addressed the post-budget webinar on agriculture and rural prosperity on 01 March 2025, via video-conferencing. Emphasizing the importance of participation in the post-budget webinar, the Prime Minister thanked everyone for joining the program and highlighted that this year’s budget is the first full budget of the Government’s third term, showcasing continuity in policies and a new expansion of the vision for Viksit Bharat. He acknowledged the valuable inputs and suggestions from all stakeholders before the budget, which were very helpful. He stressed that the role of stakeholders has become even more crucial in making this budget more effective.

The goal of Viksit Bharat

“Our resolve towards the goal of Viksit Bharat is very clear and together, we are building an India where farmers are prosperous and empowered”, Shri Modi said and highlighted that the effort is to ensure no farmer is left behind. He stated that agriculture is considered the first engine of development, giving farmers a place of pride. “India is simultaneously working towards two major goals: the development of the agriculture sector and the prosperity of villages”, he mentioned.

PM Kisan Samman Nidhi Yojana

Shri Modi highlighted that the PM Kisan Samman Nidhi Yojana, implemented six years ago, has provided nearly Rs 3.75 lakh crore to farmers and the amount has been directly transferred to the accounts of 11 crore farmers. He emphasized that the annual financial assistance of Rs. 6,000 is strengthening the rural economy. He mentioned that a farmer-centric digital infrastructure has been created to ensure the benefits of this scheme reach farmers across the country, eliminating any scope for intermediaries or leakages.

Agricultural production reached record levels

Underlining that India’s agricultural production has reached record levels, the Prime Minister said that 10-11 years ago, agricultural production was around 265 million tons, which has now increased to over 330 million tons. Similarly, horticultural production has exceeded 350 million tons. He attributed this success to the Government’s approach from seed to market, agricultural reforms, farmer empowerment, and a strong value chain. Shri Modi emphasized the need to fully utilize the country’s agricultural potential and achieve even bigger targets.

In this direction, the budget has announced the PM Dhan Dhaanya Krishi Yojana, focusing on the development of the 100 least productive agricultural districts, he added. The Prime Minister mentioned the positive results seen from the Aspirational Districts program on various development parameters, benefiting from collaboration, convergence, and healthy competition.

Highlights

• Our resolve to move towards the goal of Viksit Bharat is very clear.
• Together we are working towards building an India where farmers are prosperous and empowered.
• We have considered agriculture as the first engine of development, giving farmers a place of pride.
• We are working towards two big goals simultaneously – development of agriculture sector and prosperity of our villages.
• We have announced ‘PM Dhan Dhaanya Krishi Yojana’ in the budget, under this, focus will be on the development of 100 districts with the lowest agricultural productivity in the country.
• We have announced the formation of Makhana Board in Bihar.