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NRIPage | Articles | PM Modi Calls for Effective Implementation of Budget 2025: Focus on Agriculture and Rural Prosperity | Get Business News. Grow and Thrive in the Modern Market around the world - NRI Page
Prime Minister Narendra Modi on Saturday urged stakeholders to focus on speedy and effective implementation of Budget 2025, particularly in agriculture and rural development. Speaking virtually at the post-budget webinar on “Agriculture and Rural Prosperity”, Modi highlighted that this budget is crucial for achieving the vision of Viksit Bharat and sustaining policy consistency in his government’s third term. He emphasized that the budget was designed based on stakeholder inputs and should now be executed efficiently on the ground.
Enhancing Agricultural Productivity and Rural Prosperity
Agriculture remains the first engine of India’s growth, and the government is committed to increasing productivity and rural economic prosperity. Modi stressed the importance of enhancing domestic production of pulses to reduce dependence on imports and called upon the private sector to invest in high-yielding crop seeds. He urged the agriculture sector to align with modern farming technologies and sustainable practices to boost productivity and income. Modi’s government has been prioritizing agriculture reforms, farm mechanization, and water conservation to ensure long-term food security and economic stability.
Addressing Challenges in Budget Implementation
PM Modi clarified that the focus of the webinar should be on implementation rather than revising budgetary allocations. He called for discussions on identifying obstacles and shortcomings in executing budget provisions effectively. Modi encouraged stakeholders to brainstorm solutions that would help in streamlining processes, reducing bureaucratic hurdles, and ensuring faster fund allocation to farmers and rural initiatives. He emphasized that real change happens at the grassroots level, urging state governments, financial institutions, and agri-tech companies to collaborate for seamless implementation.
Action-Oriented Approach for Agricultural Reforms
The Prime Minister reinforced the need for action-driven approaches in agricultural policymaking. He urged businesses, farmers, and policymakers to contribute to the digital transformation of agriculture, supply chain improvements, and better irrigation infrastructure. He reiterated that the government remains committed to supporting farmers through subsidies, crop insurance schemes, and market access improvements. Modi’s vision for agricultural self-reliance and sustainability aims to position India as a global leader in food production and exports.
With the 2025 Budget set in motion, the government is looking at swift execution and rural empowerment, ensuring agricultural resilience and economic growth for a developed India in the coming years.