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As the demand for processed food rises steadily, Budget 2024 offers promising opportunities for the agriculture and food processing sectors. Implementation is going to be key
In FY24, the Government allocated about 1.9% of the total Union Budget to the Agriculture and Allied sector, and about 1.3% was designated to support small and marginal farmers through the PM KISAN Yojana.
Technological intervention is crucial to increase food production. Isro chairman S Somanath emphasizes the importance of increasing income in the agricultural sector and creating an industrial eco-system for food processing.
The Odisha government has approved 19 investment proposals worth ₹4,804.35 crore, generating employment opportunities for 17,553 people across various sectors. The investments span key sectors such as apparel, textiles, steel, chemicals, food, renewable energy, and infrastructure.
(This story has not been edited by THE WEEK and is auto-generated from a PTI