Wednesday, Nov 30, 2022
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Agri Budget

Sow No Hope

Budget 2021 reinforces ­farmers’ fears that corporate India ­matters more than them

Sow No Hope
Photograph by Nirala Tripathi
Inside an FCI godown
Sow No Hope
outlookindia.com
2021-02-05T14:07:15+05:30

Agriculture and allied activities, which clocked a growth of 3.4 per cent at constant prices during 2020-21 (first advance estimate) according to the Economic Survey, did not get due attention in the Union budget announced by finance minister Nirmala Sitharaman. Despite being seen as a growth driver at a time when manufacturing and services are still struggling to regain their momentum, this sector seems to be lower down on the government’s priority list. Not just has the total farm sector allocation fallen from 5.1 per cent to 4.3 per cent—in absolute terms, from Rs 1.54 lakh crore to Rs 1.48 lakh crore—but there is also a lack of adequate focus on ­improving productivity and ensuring better incomes for farmers.

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