Union Budget 2023: What did FM Nirmala Sitharaman announce for agriculture?

Budget 2023: Finance Minister Nirmala Sitharaman said that the Centre will encourage one crore farmers to take up natural farming

In her Budget 2023 speech, Nirmala Sitharaman made a slew of announcements for the agriculture sector. An Agriculture Accelerator Fund will be launched to encourage agri-startups by young entrepreneurs. Also, the agri credit target was hiked by Rs 20 trillion. 

"The agricultural credit target will be increased to Rs 20 trillion with a focus on animal husbandry, dairy and fisheries," FM Sitharaman said. Last year, the government increased the agricultural credit target to Rs 18 trillion for 2022-23 fiscal from Rs 16.50 trillion the year before.

Also, she said that the Centre will encourage 10 million farmers to take up