Union Budget 2011: Rs. 2,200 cr for boosting agri output

Aiming to control price rise in non-cereal food items, the government announced a budget outlay of Rs. 2,200 crore to boost production of vegetables, pulses, oilseeds, millets and fodder.
The government also decided to continue the existing two schemes -- one for Green Revolution in eastern states with an allocation of Rs. 400 crore and the other to promote pulses' output scheme with an outlay of Rs. 300 crore.
In his 2011-12 Budget speech, Finance Minister Pranab Mukherjee announced Rs. 300 crore each for new schemes to step up production of vegetables, oil palm, nutri-cereals, protein supplements and fodder.
"The recent spurt in food prices was driven by increase in prices of items like fruits and vegetables, milk, meat, poultry and fish, which account for more than 70 per cent of the WPI basket for primary food items.
Removal of production and distribution bottlenecks for these items will be the focus of my attention.

NAME-DEEPAK KUMAR JHA
PG/10/06
PGDM(2010-12)