The Indian government has announced a significant investment in both the agricultural sector and infrastructure development. In a press briefing on Monday, September 2nd, Union Minister Ashwini Vaishnaw revealed that the Cabinet had approved seven crucial projects aimed at improving the lives and incomes of farmers.
These projects are part of a larger plan outlined by the Finance Minister during the Budget speech to bring about a transformational change in the agricultural sector through a scientific approach.
Here’s a breakdown of the key projects:
*
Boosting Food and Nutritional Security:
The Cabinet approved a plan to bolster food and nutritional security by 2047. This initiative focuses on developing climate-resilient crop sciences and ensuring food security for the nation.*
Strengthening Agricultural Education and Management:
The government has committed ₹ 2,291 crore to a scheme that will strengthen agricultural education and management. This investment is expected to enhance the skills and knowledge of future generations of farmers.*
Sustainable Livestock Health and Production:
Recognizing the importance of livestock, the Cabinet approved a ₹ 1,702-crore scheme for sustainable livestock health and production. This scheme aims to improve animal health and bolster the dairy and meat sectors.*
Horticulture Development:
The government has allocated ₹ 860 crore for the development of horticulture, recognizing its role in providing employment and income generation for farmers.*
Krishi Vigyan Kendras:
The Cabinet approved a ₹ 1,202 crore investment in Krishi Vigyan Kendras (KVKs) – agricultural research and extension institutions that play a vital role in disseminating agricultural technologies and knowledge to farmers.*
Natural Resource Management:
The Cabinet approved a ₹ 1,115 crore plan for Natural Resource Management, aimed at promoting sustainable practices and ensuring the long-term health of the environment.In addition to these agricultural initiatives, the government also announced two major infrastructure projects:
*
Mumbai-Indore Railway Line:
The Cabinet approved a new 309 km railway line connecting Mumbai and Indore, with an outlay of ₹ 18,036 crore. This line will provide the shortest rail connectivity between the two cities, boosting trade and tourism.*
Semiconductor Unit in Gujarat:
Under the India Semiconductor Mission, the government gave the nod to a new semiconductor unit of Kaynes Semicon Pvt Ltd in Gujarat’s Sanand. This project, estimated to cost around ₹ 3,300 crore, will contribute to India’s growing semiconductor industry and strengthen its technological capabilities.These projects are significant steps towards achieving India’s economic goals and improving the lives of its citizens. The government’s commitment to investing in both agriculture and infrastructure demonstrates its focus on long-term development and growth.
