Good news for farmers: Increase from 3 lakh to 5 lakh.

Prime Minister Narendra Modi presented his first full budget for 2025-26, with key highlights for farmers including an increase in the Kisan Credit Card limit from ₹3 lakh to ₹5 lakh. The budget also focuses on agricultural development, MSMEs, and a new scheme for pulse crop production, with plans to benefit 17 crore farmers. The government aims for economic growth and social development through targeted initiatives.

Good news for farmers: Increase from 3 lakh to 5 lakh.

On February 1, 2025, after assuming office for the third time, Prime Minister Narendra Modi presented his first full budget in Parliament. The budget was introduced by Union Finance Minister Nirmala Sitharaman, marking her eighth consecutive general budget. This budget holds numerous hopes for everyone, from common citizens to businesspeople. For farmers, there is good news. The government has announced an increase in the Kisan Credit Card limit from ₹3 lakh to ₹5 lakh, allowing farmers the opportunity to boost their investments more easily.

Good News for Farmers: Increase from ₹3 Lakh to ₹5 Lakh
The budget also includes the introduction of a self-sufficiency scheme for pulse crop production. The government plans to purchase crops like chickpeas, lentils, and masoor dal, which will benefit farmers. A new scheme for the production of fruits and vegetables will also be launched, promising good profits for farmers. Finance Minister Nirmala Sitharaman stated that this budget would help the country advance further in terms of economic growth. Currently, India's economy stands as one of the fastest-growing in the world. The minister mentioned that changes will be brought in six key sectors—agriculture, MSMEs (Micro, Small, and Medium Enterprises), exports, and investments.

Another significant aspect of this budget is the launch of the PM Dhan Dhan Yojana. The scheme will be initially rolled out in 100 districts as a pilot project. The minister explained that this initiative will benefit 17 crore farmers, providing them with financial support. The central government has also focused on curbing migration, setting this as a key goal moving forward. Additionally, the budget outlines a six-year plan for pulse crops, aimed at increasing production and ensuring higher income for farmers.

Overall, this budget seems to provide positive projections for the nation's economy, agriculture, and small industries. For more updates on national and international developments, visit Vaartha.

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