In the Union budget 2025, finance minister Nirmala Sitharaman on 1 February 2025 announced support for food processing with the establishment of a National Institute of Food Technology in Bihar as well as enhanced income for the farmers.
“The institute will provide a strong fillip to food processing activities in the entire eastern region. This will result in, one, enhanced income for the farmers through value addition to their produce, and two, skilling entrepreneurship and employment opportunities for the youth,” she said.
Sitharaman also announced a special Makhana Board in Bihar to improve the production, marketing, and value addition of makhana in the state.
The minister announced the Pradhan Mantri Dhan Dhanya Krishi Yojana, or the developing agri-districts program, which will cover 100 districts and is likely to help 1.7 crore farmers.
OTHER HIGHLIGHTS
Enhanced Credit through KCC: Facilitate short-term loans for 7.7 crore farmers, fishermen, and dairy farmers with an enhanced loan of ₹5 lakh.
Mission for Cotton Productivity: 5-year mission to facilitate improvements in productivity and sustainability of cotton farming.
National Mission on High Yielding Seeds: Targeted development and propagation of seeds with high yield, pest resistance and climate resilience
Aatmanirbharta in Pulses: Launch a 6-year Mission with a special focus on tur, urad, and masoor; Development and commercial availability of climate resilient seeds; Enhancing protein content; Increasing productivity; Improving post-harvest storage and management, assuring remunerative prices to the farmers.
Gene Bank for Crops Germplasm: A second Gene Bank with 10 lakh germplasm lines to be set up for future food and nutritional security
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An English-language food and beverage processing and packaging industry B2B platform in print and web, IndiFoodBev is in its third year of publication. It is said that the Indian food and beverage industries represent approximately US$ 900 billion in revenues which implies more than 20% of the country’s GDP. Eliminating the wastage on the farmside can help to deliver more protein to a higher number of the population apart from generating sizable exports. The savings in soil, seeds, water, fertilizer, energy and ultimately food and nutrition could be the most immense contribution that country is poised to make to the moderation of climate change.
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Naresh Khanna – 10 February 2025
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