Modi Govt's Budget 2026: Big Boost for Farmers with Agri-Tech, Cashew, Sandalwood Focus

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News18•01-02-2026, 12:31
Modi Govt's Budget 2026: Big Boost for Farmers with Agri-Tech, Cashew, Sandalwood Focus
- •Finance Minister Nirmala Sitharaman announced revolutionary measures for agriculture and horticulture in Budget 2026, aiming for self-sufficiency in cashew and coconut.
- •Plans include establishing processing units for cashew, promoting sandalwood cultivation with state cooperation, and introducing new legal changes to aid farmers.
- •Expansion of expensive dry fruit cultivation (almonds, walnuts, pine nuts) and introduction of new varieties in old orchards are aimed at increasing farmer profits and meeting domestic needs.
- •A multilingual AI tool for farmers will integrate various agricultural portals, offering personalized advice in regional languages on crop planning, climate, and fertilizer use.
- •Agri-tech startups will drive value-added changes in crop storage and packaging, with the overall goal to modernize agriculture, improve rural employment, and double farmers' income.
Why It Matters: Budget 2026 focuses on modernizing agriculture, boosting farmer income, and achieving self-sufficiency through technology and crop diversification.
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