Dhan Dhanya Krishi Yojana to Boost Agriculture

1 Feb 2025 , 11:25 AM

• 1.7 Crore Farmers to Benefit – The scheme aims to support farmers in districts with low agricultural productivity.
• Focus on Edible Oils & Pulses – A six-year national mission will drive self-reliance in edible oils and pulses.
• Tur, Urad, Masur Procurement – Central agencies will procure pulses for the next four years to stabilize prices and boost production.
• Makhana Board in Bihar – A dedicated board will be set up to enhance processing and value addition for makhana farming.
• High-Yield Seed Mission – The initiative will introduce high-yielding seed varieties to improve farm output.
• Support for Farmers – Crop diversification, better irrigation, and improved credit access will uplift 1.7 crore farmers.
• Post-Harvest Support – The plan includes better storage facilities and enhanced procurement through Nafed and NCCF.
• A new Mission for Cotton Productivity will focus on enhancing Extra Long Staple (ELS) cotton varieties.
• The initiative aims to improve cotton quality and boost production.

Agri stocks rallied up to 9% after the Finance Minister introduced key measures in Union Budget 2025 to support farmers. The government announced steps to boost crop diversification, irrigation, and credit availability. A six-year mission was unveiled to achieve self-reliance in pulses.

The Kisan Credit Card loan limit was raised to ₹5 lakh to provide more financial support. Agri stocks like Kaveri Seeds, Jain Irrigation, Mangalam Seeds, JK Agri Genetics, Nath Bio-Genes, Dhanuka Agritech, and ShreeOswal Seeds gained 2-9% after the announcement.

The Finance Minister also highlighted reforms in taxation, urban development, mining, financial sector, power, and regulations.