Union Budget 2019: Govt will invest widely in agri infra; support entrepreneurship in farm sector

Finance Minister Nirmala Sitharaman Friday said the government will invest widely in agriculture infrastructure and support private entrepreneurship for value addition in farm sector

Press Trust of India July 05, 2019 12:44:16 IST
Union Budget 2019: Govt will invest widely in agri infra; support entrepreneurship in farm sector
  • As much as 1,25,000 km of roads will be upgraded under Pradhan Gram Sadak Yojana under Phase III at an estimated cost of Rs 80,250 crore, the finance minister said

  • In the first Budget of the Modi government in its second term, Nirmala Sitharaman said that 30,000 km roads were constructed under Pradhan Mantri Gram Sadak Yojna using green material, including plastic waste

  • All weather road connectivity was provided to 97 percent of habitation, she added

New Delhi: Finance Minister Nirmala Sitharaman Friday said the government will invest widely in agriculture infrastructure and support private entrepreneurship for value addition in farm sector.

Presenting the Union Budget for 2019-20, Sitharaman said the government proposes Pradhan Mantri Matsya Sampada Yojana to address the critical infrastructure gap in the fisheries sector.

As much as 1,25,000 km of roads will be upgraded under Pradhan Gram Sadak Yojana under Phase III at an estimated cost of Rs 80,250 crore, the finance minister added.

Union Budget 2019 Govt will invest widely in agri infra support entrepreneurship in farm sector

Representational image of farmer. Reuters.

In the first Budget of the Modi government in its second term, she also said that 30,000 km roads were constructed under Pradhan Mantri Gram Sadak Yojna using green material, including plastic waste.

All weather road connectivity was provided to 97 percent of habitation, she added.

The government also proposes to build 1.95 crore houses under Pradhan Mantri Awas Yojna (Rural), Sitharaman said, adding 100 new clusters will be set up in 2019-20 to enable 50,000 artisans to come into the economic value chain.

Stressing that the government keeps villages, poor and farmers at centre stage in every programme, she said every single rural family, except those unwilling to take connection, will have electricity and LPG connection by 2022.

Free LPG scheme and electricity connection have transformed rural India, Sitharaman said.

She also said that time taken to complete construction of houses under PMAY cut to 114 days from 314 days in 2015-16, due to use of DBT platform technology.

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