Budget 2022: More funding included for fishing, livestock and dairy production
NEW DELHI: Officials announced on Wednesday that the budget for the Ministry of Fisheries, Livestock and Dairy in the Union Budget 2022-23, presented by Finance Minister Nirmala Sitharaman, has increased by 44% to reach Rs 6,407.31 crore.
“The livestock budget has been increased by 40% in 2022-2023, while central sector programs have been improved by 48%, reflecting the government’s commitment to the expansion of livestock and dairy farmers said Atul Chaturvedi, Secretary for Livestock and Dairy Industry. .
Thousands of dairy cooperatives in India will benefit from the reduced alternative minimum tax and surtax for cooperative societies, which will lead to increased incomes for the country’s eight million dairy farmers, he said. A 20% increase in the budget for the Rashtriya Gokul Mission and the National Dairy Development Program in 2022-23 will boost the productivity of the indigenous cattle population and improve the quality of milk produced, benefiting 8 million dairy farmers.
He also highlighted that the One Health mission, which includes an almost 60% increase in funding for livestock health and disease control for 2022-23 over the previous year, will result in healthier livestock. and a healthier India.
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