2015-16

Anila Mol P.K Anila Varghese Anju Mol.K.S Ansu Anna Kuriyan Arun .S Athira.T.Babu

Athulya Bibin Joy Bibin .K. Varghese Bijil .S

Group members

HISTORY

Indias first union budget was presented by mr.R.k shanmukam chetty , who served as a finance minister in Jawaharlal Nehru's cabinet, on november 26,1947

The union budget of India, referred to as the

annual financial statement in Article 112 of the

constitution of India, is the annual budget of the

republic of India, presented each year on the last

working day of February by the Finance

Minister of India in Parliament.

The Budget has to be passed by the house before

it can came into effect on April 1st, the start of

India's Financial year.

AGRICULTURE

Indian Agriculture In India around 70% of the population earns its living

hood from agriculture

Its still provide living hood to the people in our

country it fulfill the basic needs of human being and

animals its an important source of row material for

many agro based industries

India’s geographical condition is unique for agriculture, because it provides many favorable conditions.

There are plain areas ,fertile soil, long growing season and wide variation in climatic condition etc..

Apart from unique geographical conditions, India has been consistently making innovative efforts by using science and technology to increase production.

Major steps taken to address the two major factors

critical to agricultural production, that of soil and

water.

‘Paramparagat Krishi Vikas Yojana’ to be fully

supported.

‘Pradhanmantri Gram Sinchai Yojana’ to provide ‘Per

Drop More Crop’.

KEY FEATURES OF THE BUDGET 2015-2016: AGRICULTURE

Rs 5,300 crore to support micro-irrigation, watershed

development and the ‘Pradhan

Mantri Krishi Sinchai Yojana’. States urged to chip in.

Rs 25,000 crore in 2015-16 to the corpus of Rural

Infrastructure Development Fund

(RIDF) set up in NABARD; Rs 15,000 crore for

Long Term Rural Credit Fund; Rs 45,000 crore for Short

Term Co-operative Rural Credit Refinance Fund; and Rs

15,000 crore for Short Term RRB Refinance Fund.

Target of Rs 8.5 lakh crore of agricultural credit during

the year 2015-16.

Focus on improving the quality and effectiveness of

activities under MGNREGA.

     Need to create a National Agriculture Market for the

benefit farmers, which will also

have the incidental benefit of moderating price rises.

Government to work with the States, in NITI, for the

creation of a Unified National Agriculture Market.

(Rupees In crore)

IRRIGATION

-5300 Pradhan Mantri Krishi Sinchai Yojana

- 1800 Development of Micro irrigation (per drop more crop)

- 1500 Integration Watershed Development Programme

- 2000 Pradhan Mantri Krishi Sichai Yojana (including

accelerated irrigation benefit and flood

management programme)

Highlights of Plan 2015-2016

AGRICULTURE -12257 Krishonnati Yojana (Centre and State)

- 4500 for Rashtriya Krishi Vikas Yojana (State Plan).

- 2823 for National Crop Insurance Programme.

- 1300 for National Food Security Mission.

- 835 for National Mission for Sustainable Agriculture.

- 482 Dairy Vikas Abhiyan

- 411 Blue Revolution (including inland and marine fisheries)

ANIMAL HUSBANDRY, DAIRYING AND FISHERIES

Soil health

Farm credit

Irrigation

Rural infrastructure development fund(RIDF)

National agriculture market

What it offers for agriculture sector

Food processing sector

Agro exports

Crop insurance

Cold chain and warehouse

What misses in agricultural sector

Department wise allocation in Ministry of Agriculture

Central Plan Outlay by Ministries/Departments

(In crores of Rupees)

 

2014-2015 2015-2016

Revised Budget

Ministry of Agriculture 8735 10670

Department of Agriculture and Cooperation 5326 5846

Department of Agricultural Research and

Education

2500 3691

Department of Animal Husbandry, Dairying

and Fisheries

909 1133

Major Programmes under Central Plan

(In crore of Rupees)

Sl. No.2014-

2015  Revised

2015-2016

Budget

1 Ministry of Agriculture 8734.6 10669.99

1.1 Krishyonnati Yojana (Central Plan) … 3257.25

1.2 Crop Insurance 2587.78 2588.6

1.3 Indian Council of Agricultural Research (ICAR)

2206.64 3295

1.4 Dairy Vikas Abhiyaan … 481.5

1.5 Blue Revolution 50 410.69

Financial support to extend irrigation and soil

health for enhancing agricultural productivity.

Raising the agricultural credit, and

Creation of a unified national agricultural

market to fetch a fair price for the farm produce.

positively impact agriculture

CONCLUSION

Indias first union budget was presented by mr.R.k shanmukam chetty , who served as a finance minister in ,Jawaharlal Nehru's cabinet on november 26,1947

HISTORY