By:- Mr. Sunil Kataria, MD & CEO, Godrej Agrovet Ltd.
“Placing a strong emphasis on productivity, resilience and inclusive growth, the proposals tabled in today’s Union Budget once again reinforce agriculture as a key pillar in India’s journey towards Viksit Bharat. The targeted attention on livestock, fisheries and allied sectors showcases a clear shift towards diversified and income-resilient farm systems. In this context, the new loan linked capital support for veterinary education, hospitals, diagnostics and breeding infrastructure will expand capacity and high quality services across rural India. Additionally, future science-led interventions in the areas of cattle genetics and breeding would help accelerate livestock productivity and farm incomes. It is also encouraging to see the Government’s focus on leveraging technology-driven agriculture through the introduction of multilingual AI platform. Amidst evolving climate and market conditions, delivering customized and risk-aware advisory at a scale is need of an hour to empower farmers to make informed decisions and adapt better. We also appreciate the extension of tax deduction to primary co-operatives supplying cattle feed and cotton seed to federal co operatives and government organisations, which will strengthen formal input supply chains and improve farmer realization. Together, through a calibrated approach by integrates productivity, innovation, inclusion, and institutional support, this year’s Budget once again lays a strong foundation for a future ready agricultural ecosystem and reinforces agriculture’s role as a long term contributor to India’s economic growth.”
