Budget 2026, presented by the Union Finance Minister, attempts to give a new direction to the agricultural sector. The government's primary objective is to increase farmers' income not only through food grains but also through other related sectors. The budget clearly emphasizes that if farmers shift from traditional farming to modern and in-demand crops, their economic situation will improve significantly. With this vision in mind, the government has announced several new schemes to diversify the agricultural sector.

Promotion of dairy and poultry farming

Dairy and poultry have always played a significant role in the rural economy. Budget 2026 prioritizes both sectors. The government believes that milk and egg production are not only essential for nutrition but also a major source of income for millions of small farmers. The budget promises to provide livestock farmers with better training, modern technology, and easier access to markets. The goal is to increase milk processing and storage capacity through infrastructure improvements to ensure farmers receive fair prices for their produce.

Expansion of Coconut cultivation

India currently leads the world in coconut production. A large population of the country is directly or indirectly dependent on this sector. Keeping this in mind, the government has proposed developing dedicated clusters for coconut-producing states. The budget also provides for improving the quality of coconut products, such as oil and fiber. Focusing on value addition will also provide coconut farmers with better opportunities in the international market.

Development of Spices and horticulture

Crops like cashews and cocoa also received special attention in this budget. India aims to strengthen its export presence in these products. To this end, there are plans to provide financial assistance and technical guidance to farmers and entrepreneurs. Additionally, special steps are being taken to revive sandalwood cultivation. Sandalwood cultivation can generate substantial profits for farmers in the long term, so the government is considering simplifying its legal and technical aspects to encourage farmers to adopt it.

Special Initiatives for North Eastern States

Considering the geographical location of Northeast India, Budget 2026 has prepared a separate roadmap for agriculture there. The government aims to increase the area under cash crops like almonds and peanuts in this region. The soil and climate there are considered very suitable for these crops. Efforts will be made to integrate Northeast farmers into the mainstream economy through new facilities and government support. This will create new employment opportunities locally and reduce migration.

Advanced farming of the future

Overall, Budget 2026 signals a major shift in the agricultural sector. The government's focus is now shifting beyond production to product quality and market management. If these plans are implemented properly, a new era of stability and prosperity could begin in the Indian agricultural sector. This budget clearly demonstrates the government's commitment to empowering farmers to become entrepreneurs, making farming a profitable business.