Agriculture budget rises 5 times in 9 years to over Rs 1.25 lakh cr: PM Modi

Prime Minister Narendra Modi on Friday said the Union Budget 2023-24, like in the previous 8-9 years, focuses on the agriculture sector, and steps are being taken to reduce India’s import dependence on oilseeds and edible oils.

Addressing a post-budget webinar with stakeholders of agriculture and cooperative sectors, the Prime Minister said India’s agriculture budget has increased many-folds to Rs 1.25 lakh crore.

“Before we came to power in 2014, the budget for the agriculture sector was less than Rs 25,000 crore. Today the country’s agriculture budget is more than Rs 1.25 lakh crore,” he said.