International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Budget 2025 and Agricultural Development in Indian Economy

Author(s) Somnath Mutkule
Country India
Abstract The Union Budget plays a critical role in shaping India’s rural economy, particularly in the agricultural sector, which remains the backbone of the nation’s workforce and food security. This study examines the budget’s key policy measures, financial allocations, and reforms aimed at fostering agricultural growth and rural development. Key areas of focus include government initiatives for credit accessibility, subsidies, rural infrastructure, and technology-driven advancements such as digital agriculture and climate-resilient farming.

Despite ambitious reforms, several challenges persist, including financial constraints, market volatility, land reform concerns, and technological adoption barriers among small farmers. The study critically analyses the effectiveness of these budgetary provisions in addressing these challenges while evaluating the growth prospects of Indian agriculture in a post-budget scenario. Special emphasis is placed on sustainability, public-private partnerships, and global trade opportunities to determine their role in enhancing rural livelihoods.

The findings suggest that while Budget 2025 presents significant opportunities for economic transformation in rural India, the success of these initiatives will depend on their implementation, stakeholder participation, and long-term sustainability. The paper concludes with policy recommendations to ensure inclusive and resilient agricultural growth, contributing to the vision of a self-reliant and prosperous rural economy.
Published In Conference / Special Issue (Volume 7 | Issue 3) - Two Day International Conference on Commerce & Economics (ICCE-2025) (May 2025)
Published On 2025-05-10

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