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Finance Minister holds First Pre-Budget Consultation on Agricultural and Rural Development

The Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, started her Pre-Budget Consultations with different stakeholder Groups in connection with the forthcoming General Budget 2019-20 here today. Her First Meeting was with the stakeholder Groups from Agriculture and Rural Development Sectors.

In her Opening Remarks, the Finance Minister, Smt Nirmala Sitharaman focussed on the measures to boost Economic and Social Infrastructure of Rural Sector and ways to eradicate unemployment and poverty through development of Agriculture and Allied Sectors as well as Non-Farm Sector. She said that the concerns of Agriculture Sector are high on the priority of the present Government She stressed on the representation of the different Regions of the country so that their specific needs relating to these sectors can also be considered. The Finance Minister said that the Ministry will also hold broad based consultations with different stakeholders from fisheries sector to bring about blue revolution by optimally using our maritime resources.

The Finance Minister, Smt Sitharaman also stressed upon encouraging start-ups which can remove the segmentation in agriculture market and help in providing remunerative markets for agriculture products and supplying it to the final consumers at reasonable prices.

The main areas of discussion during the meeting included agriculture research & extension services, rural development, non-farm sector, horticulture, food processing, animal husbandry, fisheries and start-ups in agricultural sector among others..

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