Minister of Agriculture K. Atchannaidu will present the agricultural budget at the legislative session of Amalawati on February 28, 2025. Image source: Gn Rao
Agriculture Minister K. Atchannaidu provided a budget of Rs 483,411.4 crore for the agriculture and Allied armed forces at the legislative session on Friday, with a allocation of up to Rs 12,903.41 crore to maintain the irrigation project.
Andhra Pradesh Budget Update: State Government Budget to Rs 3.2 lakh Budget for Rs 2025-26
A nine-hour free electricity supply of Rs 1277,322.5 crore was allocated to agricultural consumers, and Rs 124,015.8 crore for the implementation of various farmers’ welfare and development plans.
In his budget speech, Mr. Atchannaidu pointed out that, based on GSDP, the total value (GVA) was increased first by the total value of the current price, with an estimated growth rate of 22.86%.
Andwra’s vision
The government’s goal is to increase productivity in 11 crops and natural agricultural areas, a key factor in bringing growth to 15% as part of Swarna Andhra’s vision.
The electricity tariff for aquaculture services has been determined to be Rs 3.85 per unit, but the preferential tariff for qualified services will apply Rs 1.50 per unit.
Government allocates Rs 94,000 crore to Annadata Sukhibhava -PM KisanUnder the plan, the state and central government will jointly provide farmers with financial assistance of Rs 20,000 per year (Rs 14,000 and Rs 6,000 respectively), agriculture for Rs 6.026.87 crore and Allied and Allied Engineering under the Gandhi Maha Gandhi National Rural Employment Guarantee Scheme, as well as Rs 10,23 crore for weather-based construction insurance scheme.
Rs 250 crore have been allocated to resolve interest subsidy claims for crop loans, Rs 240 crore for seeds at subsidy rates, Rs 21.965 crore for agricultural mechanization, Rs 62 crore for natural agriculture, and Rs 15 crore for about Rs 15 crore for farmers of 650 crore hectares.
Mr Atchannaidu said the government proposed budget for gardening was Rs 9,308.8 billion, of which Rs 500 million were used Rashtriya Krishna Vikas Yojana Rs 17.9 billion per share, used to replace traditional crops with commercial horticultural crops and create the infrastructure under the task of comprehensive horticultural development, and plant oil palm under the national task of edible oil under the task of comprehensive horticultural development.
A large amount of agricultural marketing budget budget (Rs 3 billion) was allocated to the price stability fund. In this case, it was mentioned that the central government defined the minimum price for peppers under the market intervention program to Rs 11,781 per male punch.
When market prices fall below the price, the central and state governments will pay the difference equally.
The livestock and cooperative sectors received Rs 11,1207 crore and Rs 23985 crore respectively, while the Ministry of Fisheries has allocated Rs 5,401.9 crore, including Rs 417 crore, for the implementation of Pradhan Mantri Matsya Matsya Sampada Yojana.
In addition, the minister said Rs 797779 crore was allocated to Acharya ng Ranga Agricultural University, YSR Horticulture University, Sri Venkateswara Veterinary University and AP Fisheries University, noting that “farmer and Agri-tech and a guardian of the program” was a guardian of a swarna and swarna and swarna and swarna and swarna and swarna and swarna and swarna and swarna and swarna and swarna and swarna and swarna.
publishing – February 28, 2025, 2:54 pm IST
