Question
In the Budget 2021-22, finance ministry allotted 16.5
lakh crore for agriculture. What is amount allotted in agriculture in the Budget 2020-21?Solution
The Department of Agriculture, Cooperation and Farmers' Welfare has been allocated Rs 1,34,400 crore in 2020-21, a 32% increase over the revised estimate of 2019-20. More than 78% of the Ministry’s budget is proposed to be spent on three schemes under this Department: PM-KISAN (53%), Interest Subsidy Scheme (15%), and Pradhan Mantri Fasal Bima Yojana (11%).
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