Narendra Tomar hails budget, says will help in doubling farmers’ income

NEW DELHI: Agriculture minister Narendra Singh Tomar said that the budget will help in doubling the farmers’ income.

“It has the required provisions to raise the income of farmers,” he said.

The budget is focused on developing infrastructure in agriculture sector. He said that the budget has given APMCs access to agriculture infrastructure fund (AIF) for development of marketing infrastructure in mandis.


The government has set up Rs 1 lakh crore AIF to fund agriculture infrastructure, value chain and other marketing infrastructure.

Tomar said that the government has raised the farm credit target to Rs 16.5 lakh crore - up by 10% from Rs 15 lakh crore in 2020-21.

“The agriculture credit target was Rs 7 lakh crore which was more than doubled last year and now it has been further raised. This will ensure easy credit flow for farmers, fishermen and dairy farmers,” he said.

Tomar said that the budget will help in overall growth of the country.