In a webinar on agriculture and coalition budgets, the Prime Minister said more than 700 agribusiness startups have been created in recent years, adding that new technologies will drive growth.
Artificial intelligence will completely transform agriculture and agriculture in the 21st century, Prime Minister Narendra Modi said Thursday, emphasizing the use of new technologies to increase agricultural income.
In a webinar on agriculture and coalition budgets, the Prime Minister said more than 700 agribusiness startups have been created in recent years, adding that new technologies will drive growth.
Modi also said PMKISAN is celebrating its third anniversary. This program has become a strong support for smallholders in the country. Under the scheme, about $ 1.75 billion was spent on 11 million farmers, he said.
The Prime Minister said the Federal Budget (2022-23) will transform agriculture by making it efficient and sustainable, keeping in mind record purchases of produce at the lowest subsidy price (MSP).
The goal is to practice natural farming in mission mode within 5 km on both banks of the Ganges. The latest agricultural and horticultural technologies will be available to farmers. Mission oil palms to reduce edible oil imports. The focus has been on strengthening.
Modi also said his government created a new ministry of co-operatives to turn co-operatives into “successful trading companies.” The prime minister said new cooperation policies and tax incentives would give co-operatives more impetus to create wealth and jobs.
The Modi government is funding a larger private investment in agriculture. However, after a year of protest, three agricultural market reform laws had to be abolished.
Prime Minister Modi also said that as part of Prime Minister Gati Shakti’s plans, a new logistics arrangement for the transportation of agricultural products will be made. He added that the coalition’s budget aims to “better organize agricultural waste management and increase farmers’ income through waste-to-energy solutions.”
