Finance Minister Arun Jaitley is presenting the Union Budget 2016-17 at the Parliament today. Jaitley today announced an unified marketing e-platform for farmers. This e-platform was initially announced earlier this month by President Pranab Mukherjee, and aims at creating a wholesale market online to ensure fair remunerative prices for the farmers. This unified agriculture market e-platform will be unveiled on the birthday of Dr. B.R. Ambedkar — April 14. Also Read - Government rolls back 29.44% import duty on mobile phone componentsAlso Read - Union Budget 2016-17: TCS and Wipro hail SEZ scheme extension, digital plans
This unified e-platform aims to connect up to 250 Agri mandis by September 2016, and up to 585 mandis by March 2018. State governments will be urged to launch the e-market platform to unify mandis in the state, thereby allowing farmers to sell their produce in any mandi of their choice. The Department of Agriculture will also be providing free software to the state governments, and help customize it as per their needs.
The government plans on doubling farmers’ income to Rs 35,984 crores in five years, and it is also setting up an irrigation fund worth Rs 20,000 crore under NABARD.