Finance Ministry Pre-Budget Consultation with the Representatives of Agriculture & Agro Processing Sectors:
The Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, held her fourth Pre-Budget Consultations with different stakeholder Groups from Agriculture & Agro Processing sectors in connection with the forthcoming General Budget 2020-21. The meeting was attended by senior officials of the Government of India – Ministry of Finance, Department of Animal Husbandry and Dairying, Department of Water Resources, Department of Fisheries and the Ministry of Agriculture & Cooperation. The industry was represented by Industry bodies – CII, National Cooperative Union of India, NCDX, Irrigation Association of India, financial institutions like NABARD and companies like IIFCO etc.
The main areas of discussion during the meeting included agricultural marketing reforms, organic & Natural farming, Agricultural Commodity Markets & future trading, storage infrastructure for agricultural produce, animal husbandry, Agro processing industry, ideas for reducing food subsidy among others.