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.
Click here for full Budget 2018
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...