Highlights

  • Six-year mission to boost pulses self-reliance
  • Focus on tur, urad, masoor pulses
  • KCC loan limit increased from Rs 3 lakh to Rs 5 lakh

Latest news

Jake Fulton: Legacy of Hockey and a New Dream for Ireland

Jake Fulton: Legacy of Hockey and a New Dream for Ireland

Gujarat AAP alleges irregularities in farmer relief package distribution

Gujarat AAP alleges irregularities in farmer relief package distribution

DevInsights at 10: The Rise of India's Trusted Impact Assessment Firm

DevInsights at 10: The Rise of India's Trusted Impact Assessment Firm

Edelweiss Life Reports Its Highest-Ever Claim Settlement Ratio of 99.29% in FY25

Edelweiss Life Reports Its Highest-Ever Claim Settlement Ratio of 99.29% in FY25

India and Germany hold high-level roundtable to advance electric mobility ecosystems

India and Germany hold high-level roundtable to advance electric mobility ecosystems

"I don't get insecure": Aishwarya Rai Bachchan opens up on career decisions at Red Sea Film Festival

"I don't get insecure": Aishwarya Rai Bachchan opens up on career decisions at Red Sea Film Festival

Car Driver Stabbed Over Urination Dispute in Delhi's Bhogal

Car Driver Stabbed Over Urination Dispute in Delhi's Bhogal

The Untranslatable Words and Their Influence on Thought

The Untranslatable Words and Their Influence on Thought

Budget 2025: Government launches six-year pulses mission for self-reliance

Union Finance Minister Nirmala Sitharaman announces a six-year mission for Aatmanirbharta in pulses, focusing on tur, urad, and masoor varieties. The mission aims to reduce India’s dependence on imports and boost domestic production.

Budget 2025: Government launches six-year pulses mission for self-reliance

In a bid to achieve greater self-reliance in pulses and diversify crop production, the government has announced the launch of a six-year "Mission for Aatmanirbharta in Pulses."

This initiative will particularly focus on increasing the production of tur, urad, and masoor pulses. As a major consumer and producer of pulses, India still meets a portion of its demand through imports.

Presenting the Union Budget 2025-26, Finance Minister Nirmala Sitharaman explained the government’s commitment to addressing this challenge by focusing on these three pulse varieties.

The Finance Minister stated, "Central agencies (NAFED and NCCF) will be ready to procure these three pulses, as much as offered during the next four years from farmers who register with these agencies and enter into agreements."

The mission’s aim is to increase domestic production and reduce dependency on imports, ensuring that India becomes more self-sufficient in pulses. Additionally, the government has already rolled out the National Mission for Edible Oilseeds, which focuses on achieving Atmanirbhar Bharat (self-reliance) in edible oils as well.

Sitharaman emphasized the capacity of Indian farmers, saying, "Our farmers have the capability to grow enough for our needs and more."

She also highlighted the success India achieved ten years ago in reaching near self-sufficiency in pulses, where farmers responded to increased demand by expanding the area under pulse cultivation by 50%. However, due to rising incomes and increased affordability, pulse consumption has grown significantly, making it challenging to meet demand domestically.

India primarily consumes pulses like chana, masur, urad, Kabuli chana, and tur, yet despite various support measures for farmers, the country continues to rely on imports to meet domestic consumption needs.

Imports of pulses have surged, with the value reaching USD 3.74 billion in 2023-24. While India's pulse production increased from 16.3 million tonnes in 2015-16 to 24.5 million tonnes in 2023-24, the demand has grown at a faster pace, leading to a rise in imports from countries like Myanmar, Australia, Russia, Canada, and several African nations.

In another significant decision, the government has raised the loan limit under the Modified Interest Subvention Scheme from Rs 3 lakh to Rs 5 lakh for loans accessed via Kisan Credit Cards (KCC).

This initiative is set to benefit 7.7 crore farmers, fishermen, and dairy farmers, ensuring that they have access to timely and adequate credit. The KCC scheme aims to provide short-term financial support to farmers, helping them manage their agricultural needs effectively.

ADVERTISEMENT

Up Next

Budget 2025: Government launches six-year pulses mission for self-reliance

Budget 2025: Government launches six-year pulses mission for self-reliance

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ADVERTISEMENT

editorji-whatsApp

More videos

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Dream debut: LG Electronics India shares jump over 50 pc

Dream debut: LG Electronics India shares jump over 50 pc

One GB wireless data in India costs less than a cup of tea: PM Modi

One GB wireless data in India costs less than a cup of tea: PM Modi

Power struggle in Tata Trusts: Trustees clash over board appointments

Power struggle in Tata Trusts: Trustees clash over board appointments

World Bank raises India's growth projection to 6.5 pc for 2025-26

World Bank raises India's growth projection to 6.5 pc for 2025-26

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.