New Delhi: During a recent event in Gujarat, Prime Minister Narendra Modi underscored the government's steadfast commitment to supporting farmers by highlighting an annual expenditure of over 6.5 lakh crore dedicated to bolstering the agricultural sector and ensuring the welfare of farmers across the nation.
Prime Minister Modi emphasized that the government's primary objective is to provide farmers with comprehensive support. To achieve this, numerous measures have been implemented to enhance farmers' livelihoods, including ensuring access to superior seeds, fertilizers, and improved irrigation facilities.
Furthermore, Prime Minister Modi emphasized the government's efforts to foster a more conducive business environment for farmers. To this end, the government has simplified the process of registering and operating farm businesses, facilitating smoother operations and reducing administrative burdens.
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The substantial annual allocation of 6.5 lakh crore represents a substantial investment in the agriculture sector. This financial injection will serve to enhance farmers' productivity, bolster their income levels, and build resilience against unexpected challenges.
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The government's unwavering dedication to the agricultural sector is an encouraging development. It underscores the critical importance of agriculture to the Indian economy and the livelihoods of millions of farmers.
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The annual allocation of 6.5 lakh crore is part of the National Policy for Farmers, launched in 2016. The National Policy for Farmers aims to double farmers' income by 2022, and the government has implemented various initiatives to achieve this target. The government's measures include ensuring farmers' access to high-quality seeds, fertilizers, and improved irrigation facilities. Simultaneously, the government has streamlined the process of registering and operating farm businesses, reducing administrative complexities. The government's substantial investment in the agriculture sector will significantly boost the rural economy, fostering prosperity and progress.