New Delhi: The union government may increase the outlay for the Rashtriya Krishi Vikas Yojana (RKVY) for FY25 by about 10% to ₹8,308.3 crore in the upcoming budget, two people aware of the development said. The RKVY scheme was launched under the department of agriculture and cooperation (DAC) of the agriculture ministry in 2007 and … Read more
The increase in allocations may, however, be moderate, ranging from between 5% and 10% of the FY24 (revised estimate) levels as the government expects a significant increase in private money flowing into the sector. The government is anticipating an increase in private investments in road construction projects being awarded under the build-operate-transfer (BOT) toll model … Read more
The government intends to bolster agriculture and allied sectors, including food processing, through enhanced private and public investment in post-harvest activities such as aggregation, modern storage, efficient supply chains, and marketing, finance minister Nirmala Sitharaman said while presenting the interim budget for FY25 on Thursday. The minister also said the government will formulate a comprehensive … Read more