Overview
- Addressing the third post‑Budget webinar on March 6, Prime Minister Narendra Modi called agriculture a strategic pillar of long‑term growth and urged swift, outcome‑focused implementation.
- Modi reported disbursal of over Rs 4 lakh crore to nearly 10 crore farmers under PM‑KISAN, with around Rs 2 lakh crore in claims settled under PMFBY and institutional credit now covering more than 75% of farmers.
- The Union Budget 2026‑27 allocates Rs 1,62,671 crore to agriculture, a 7% rise from the 2025‑26 revised estimate, with a focus on high‑value crops and technology‑led farming.
- The plan prioritizes region‑specific promotion of high‑value crops, including rejuvenation of coconut plantations in Kerala and Tamil Nadu, plus a dedicated programme to scale Indian cashew and cocoa for self‑reliance and exports.
- The webinar series also spotlights Bharat Vistaar digital public infrastructure, private‑sector investment, fisheries value chains, and SHE‑Marts to expand market access for rural women entrepreneurs.