The budget for Dairying ministry has been increased by 44 percent
Union Budget for the FY22 presented by Union Finance Minister Smt. Nirmala Sitaraman has allocated Rs 6,407.31 crore for the Ministry of Fisheries, Animal Husbandry, and Dairying. The budget allocation for Ministry of Fisheries, Animal Husbandry, and Dairying has been increased by 44 percent.
Shri Atul Chaturvedi, Secretary for the Department of Animal Husbandry & Dairy said, “In 2022-23, the budget for livestock has been increased by 40%, and central sector schemes have been increased by 48%, indicating the government’s commitment to the growth of livestock and dairy farmers under the leadership of Prime Minister Narendra Modi”.
Shri Atul Chaturvedi has highlighted the fact that the reduced alternate minimum tax and surcharge reduction for cooperative societies will benefit thousands of dairy cooperatives in India, which will result in higher income for the country’s 8 crore dairy farmers.
An increase of 20% in the budget in 2022-23 for Rashtriya Gokul Mission and National Program for Dairy Development will increase the productivity of the indigenous bovine population and quality milk production, benefitting 8 crore dairy farmers.
He underlined thatthe implementation of the One Health Missionwith almost 60% enhancement in fund allocation for Livestock Health and Disease Control for 2022-23 over the previous year will ensure healthier livestock and healthier India.