The new budget for 2024 includes several significant measures aimed at supporting farmers and enhancing the agricultural sector:

1. Increased Funding: The budget allocates ₹1.52 lakh crore to agriculture and allied sectors, marking a 20% increase from the previous year. This funding aims to improve productivity and support overall development in the sector​.
2. PM Kisan Samman Nidhi: The allocation for this scheme, which provides direct financial assistance to farmers, remains at ₹60,000 crore, benefiting approximately 11.8 crore small and marginal farmers​.
3. Pradhan Mantri Fasal Bima Yojana (PMFBY): Continued funding for this crop insurance scheme ensures protection against adverse weather conditions and other unforeseen events, aiming to cover around 4 crore farmers​.
4. e-NAM Integration: Plans to integrate 1,361 more mandis into the electronic National Agricultural Market (e-NAM) will enhance market efficiency and transparency, benefiting 1.8 crore farmers​.
5. Post-Harvest Infrastructure: The budget emphasizes public-private partnerships to reduce post-harvest losses by improving infrastructure and storage facilities. This initiative is expected to boost food security and economic growth​.
6. Atmanirbhar Oil Seeds Abhiyan: This initiative focuses on achieving self-sufficiency in edible oil production by promoting the cultivation of high-yielding oilseed varieties and improving market linkages​.
7. Nano DAP Adoption: Following the success of Nano Urea, the budget promotes the use of Nano DAP, a more efficient and cost-effective fertilizer, to reduce dependency on imports​.
8. Dairy Development: A comprehensive Dairy Development program, supported by an allocation of ₹29,610.25 crore over three years, aims to enhance productivity, diversify products, and improve animal health management​.
9. Aquaculture Expansion: The budget aims to boost aquaculture productivity and double exports by establishing integrated aquaparks, creating significant job opportunities​.

These measures collectively aim to modernize Indian agriculture, improve farmers’ income, and ensure food security while fostering sustainability and self-reliance.