Union Budget Agriculture Analysis by Fairwealth Securities Ltd

AgricultureSoaring food prices that are denting the disposable income have been a major cause of concern for the government lately. Consequently the Agriculture sector acquired utmost importance in the Union Budget 2011-12. The Finance Minister said that production and distribution bottlenecks for items such as fruits and vegetables, milk, meat, poultry and fish would be the focus area in FY12. Various Agro Schemes such as Rashtriya Krishi Vikas Yojana, Accelerated Fodder Development Programme have witnessed considerable hike in allocations. Besides this, access to agriculture credit has also been made easier for the farmers.