Union Budget 2015-16 India Expectations : Pre-Budget expectations for Agri Commodities

Union Budget Expectations for Agri Commodities

Exemption of CTT for processed agricultural commodities to ensure a pickup in volumes in the futures market

Passing on benefits of a fall in petrol/diesel prices to ensure reduction in freight charges

Investment funds in warehousing sector to prevent wastage of food

Bank accounts for farmers for each and every household for direct transfer of subsidies and loans

Subsidized loans to farmers and safeguarding them from crop losses through crop insurance

Availability of quality agri inputs like fertilizers, seeds and advanced technology inputs

Providing irrigation facilities and electricity at cheap rates to farmers

Upgrading weather forecasting system – IMD, for accurate monsoon forecasts which could enable farmer to take informed decisions.

Investments in transportation and infrastructure like roads and railways to reduce transportation costs for farmers for their produce

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