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Budget 2018
Last Updated : Jan 31, 2018 11:09 AM IST | Source: CNBC-TV18

Budget 2018: Need to create national level integrated policy for agri, says Anil Jain

The final countdown to the Budget 2018 has begun. Ahead of key elections, the big expectation is that it could largely be farm focussed. In an interview with CNBC-TV18, Anil Jain, Vice Chairman and MD of Jain Irrigation shared his expectations from the upcoming Budget for the sector.

The final countdown to the Budget 2018 has begun. Ahead of key elections, the big expectation is that it could largely be farm focussed. In an interview with CNBC-TV18, Anil Jain, Vice Chairman and MD of Jain Irrigation shared his expectations from the upcoming Budget for the sector.

A farm-focused Budget should mean three things. One is how much infrastructure the government is going to make in agriculture side. Second is what is the mechanism to put more money in the hands of the farmers and third is how do you tackle the risk mitigation in terms of whether it is climate change or sudden infestation of the disease like happened in cotton in Maharashtra, he said.

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According to him, the recent insurance scheme for farmers has been much better than the earlier ones but it is still not effectively getting implemented.

Time has come where you need to create a national level integrated policy for agriculture and there should be cooperation between states and centre on agriculture and irrigation, he added.

The Budget can definitely allocate far more amount of money, said Jain.

For full interview, watch accompanying video...

India Union Budget 2018: What does Finance Minister Arun Jaitley have up his sleeve? Click here for live Budget 2018 news, views and analyses.
First Published on Jan 31, 2018 10:54 am
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