Agriculture ministry budget increased 11 fold to Rs 1.34 lakh crore from FY10: Minister

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New Delhi: The Union government has increased allocation on agriculture budget by 11 times in last 10 years, said Labour Minister Santosh Gangwar. Highlighting the Prime Minister Narendra Modi’s commitment for the welfare of farmers, he said that the budget on agriculture was Rs 12,000 crore in 2009-10 which has been increased 11-folds to Rs 1.34 lakh crore.

He was speaking at 4th Annual Convention – Virtual on Capital Market & Commodity Market: Role of Financial Markets in Building Aatmanirbhar Bharat by PHDCCI.

According to the PTI, the minister said, “Since PM Modi took over the charge of the country, the development in the villages has increased with the rise in the income of the farmers.”

Gangwar said, “The new farm laws will be beneficial to the farmers and these laws will help in increasing their income.”

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