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Budget 2021: What will farmers get?- Business News

Budget 2021: What will farmers get? Union Budget 2021: It is anticipated that the government may roll out its ambitious DBT for fertiliser, offering direct subsidy transfer into the accounts of farmers. Timely release of the additional allocation for the fertiliser will enable clearance of the subsidy backlog Mansi Jaswal | February 1, 2021 | Updated 08:10 IST Budget 2021: According to the rating agency ICRA, the government could allocate funds towards the agricultural chain to improve productivity and reduce post-harvest losses Amid the prolonged farmers protest, where farm unions have demanded a separate Act on MSP and the withdrawal of three agri laws, it is therefore expected the Centre will keep a special focus on the agricultural economy in this year s Budget. It must be noted that when India s GDP shrank by 23.9 per cent in the June quarter of FY21, only the agricultural sector emerged as a silver lining registering a 3.4 per cent growth.

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