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India: Budget 2014: Agriculture sector gets a new lease of life

Posted on 11 July 2014

Finance Minister Arun Jaitley announced a price stabilisation fund, steps to set up a national market for farm produce, irrigation schemes, new agricultural universities as well as initiatives to increase warehousing and rural internet connectivity.
Jaitley said food price volatility was a big concern, and announced a Rs 500 crore fund for farm price stabilization. He said the government wanted agriculture to grow although weak rainfall was a concern. He said state governments should encourage development of farming markets and said that national market was the way forward………………………………………..Full Article: Source


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