Comments
“The interim budget in 2014 had a very modest increase in financial outlay for the agri-biotechnology sector. With regard to the Budget 2015, widely expected to be a landmark budget, we were looking forward to seeing more stimulus for the agri-biotech industry to enable more productive and long-term gains for the sector. There are several new initiatives for the agri-sector announced by the FM that includes the creation of a unified national agriculture market, a renewed focus on micro-irrigation, as well as initiatives to improve rural infrastructure and an increase in farm credit. Having said that, the focus was clearly more on infrastructure and less on incentivising the agri-industry. While this will directly benefit the farm sector and help improve farm incomes, a more conducive policy for the agri-biotech industry would have been more welcome.
The writer is Director-General, ABLE-AG
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.