Union Budget 2023. If you are working on a Post-Budget or Budget Reactions story in Agriculture, Agritech or Farm Equipment sector below is the quote from our client – CNH Industrial, for your consideration.
Budget Reaction Quote by Mr. Narinder Mittal, Managing Director, CNH Industrial India & SAARC – Agriculture Division
“The Union Budget 2023 has a strong emphasis on sustainable agriculture and economic growth. It sets a record-high goal for agriculture credit of Rs. 20 lakh crore, which would enable Indian farmers to increase their output with the assistance of smart machines and techniques. The target's five-fold expansion will further enhance demand for cutting-edge farm machinery and crop management solutions to meet the rising demand for Indian grains globally. Additionally, it will assist the farmers in recovering from their loss as a result of the change in climatic conditions. The emphasis on making India a hub for "Shree Anna" (Millet) will promote greater reforms and the home farming business in the coming years. Furthermore, numerous investments are being made in clean and green farming, along with the efforts to decentralise storage capacity enabling farmers to store their produce and earn remuneration at the right time.”
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