Organic Farming Budget 2016-17

The government has begun to take organic farming serious and with regards to that some serious measures are also undertaken in order to promote organic farming methods. Monetary as well as non-monetary encouragements are being laid down in the financial year 2016-17 envisioning the growth of organic farming in the coming span of three years. 

 

As the finance minister Mr.Arun Jaitley presented the third budget, emphasis of 9 pillars on which the government would base its “transformative agenda” was given. Out of these 9 pillars agriculture and farmers seems the first one.

Around Rs. 35,984 crores are allocated with the aim of doubling the income of farmers by 2022. There are also nominal premium and highest ever compensation are set aside in case of crop loss under the new crop insurance scheme called “Pradhan Mantri Fasal Bima Yojna”.

Furthermore, the land of 5,00,000 acres is to be bought under organic farming over the period of three years.

Alongside PARAMPARAGAT KRISHI VIKAS YOJANA government is spreading awareness regarding organic farming. With the strong aim towards health and hygiene even Gujrat has taken several steps by keeping aside a chunk of budget in their annual budget report.

 Organic farming would not only bring about the change in patterned degradation of land but will also return the fertility of soil. More and more pieces of fertile lands are being deserted due to inhuman usage of pesticides. Organic farming is indeed a method that requires low cost input while it yields larger output.  The cost of production is lesser and is mostly familiar to farmers.

With growing inclination towards healthy lifestyle and diets organic food items are gaining exceptionally well popularity in the market which is again a good reason to promote this healthy and reliable way of farming.

“SUSTAINABLE DEVELOPMENT IS THE FUTURE OF TOMORROW!”

 

Image source - http://www.fastbusinessplans.com/images/articles/organic-farm-business-plan.jpg