Bhubaneswar: Odisha Finance Minister on Friday presented the Agriculture Budget for the financial year 2023-24.
An outlay of Rs.24,829 crore has been proposed under the Agriculture Budget, 2023-24, which is 21% more than last year’s provision and 3 times of the Budget Estimate for 2016-17.
Here are the key highlights of Agriculture Budget:
Provision of Rs.2,000 crore as revolving fund to be utilised for paddy procurement operations besides the borrowings by OSCSC.
Rs 1,879 crore of direct benefit transfers under KALIA Scheme.
Rs.497 crore under the Odisha Millet Mission for promotion of the climate resilient and nutritionally rich crops.
Rs.166 crore as grants to OUAT for agricultural research, education, and infrastructure, which is more than five times of Budget allocation in 2019-20.
Rs.381 crore under Horticulture Development Programme to stimulate an array of activities for the promotion of horticultural crops and holistic growth of the horticulture sector.
Rs.121 crore under National Horticulture Mission for integrated development of horticulture.
Rs.388 crore towards subsidy for capital investment for the establishment of commercial agri-enterprises & for popularization of agricultural implements and diesel pump sets.
Rs.250 crore under Soura Jalanidhi for bringing more area under assured irrigation
Rs.45 crore as State Incentive for Micro irrigation.
Rs.306 crore under Rashtriya Krishi Vikas Yojana (RKVY).
Rs.52 crore provided to support Farmers’ Producers Organisations (FPOs) in the production, aggregation, storage, processing, distribution, and marketing of agriculture and allied sector resources for sustainable development.
Rs.836 crore towards Interest Subsidy/Subvention on farm loan
Rs.30 crore towards financial support to Cooperative Institutions and Rs.150 crore towards equity support to Cooperative Banks
₹200 crore of interest free loan for procurement of fertilisers and seeds.
Corpus Fund of Rs.100 crore for Odisha State Co-operatives Marketing Federation Ltd. towards procurement of non-paddy crops.
Rs.600 crore under Pradhan Mantri Fasal Bima Yojana (PMFBY) for crop insurance for farmers.
Rs.1,769 crore to Fisheries & Animal Resources Development Department.
Rs.143 crore for Intensive Aquaculture and Inland Fisheries Development.
Rs.210 crore for Mukhya Mantri Maschya Jibi Kalyan Yojana to benefit 50,000 fishers including 11,000 WSHGs directly and more than 1 lakh fishers with indirect employment generation.
Rs.220 crore provided for renovation and up-gradation of Government Fish Farms.
Provision of Rs.20 crore for dredging of Devi River mouth of Astaranga and Mahanadi River mouth Paradeep.
Outlay of Rs.180 crore under the scheme ‘Blue Revolution’ for integrated development & management of fisheries.
Provision of Rs.157 crore under Poultry Development scheme.
Rs.20 crore to provide support to existing Goushalas/ construction of new Goushalas in urban and semi-urban areas.
Rs.120 crore under the scheme ‘Rashtriya Pashudhan Vikash Yojana-White Revolution’ for the development of dairy and livestock management.
Rs.267 crore under Livestock Health and Disease Control programme during 2023-24.
Rs.194 crore for infrastructure support and veterinary service delivery during 2023-24 for strengthening and modernization of Veterinary Hospitals and Dispensaries