Budget 2026: Big Focus on Farmers, What Support Can They Expect This Time?


2026/02/01 11:46:58 IST

Budget 2026

    With just hours to go for the Union Budget, all eyes are on what relief and support farmers may receive this year.

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Will agriculture get a bigger push this year?

    The government may allocate over Rs 1.37 lakh crore for the agriculture sector. The aim is to cut farming costs, raise incomes, and strengthen rural livelihoods.

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How much was allocated last year?

    In the previous financial year, the agriculture sector received Rs 137,756.55 crore in total. Rs 1,27,290.16 crore for the Ministry of Agriculture and Farmers’ Welfare Rs 10,466.39 crore for agricultural research and education This funding supported schemes, subsidies, and infrastructure projects.

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What benefits do farmers get under PM Kisan?

    PM Kisan Samman Nidhi Yojana received Rs 63,500 crore last year. Eligible farmers get Rs 6,000 per year directly in their bank accounts in three installments through DBT.

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Is there a pension plan for small farmers?

    PM Kisan Maandhan Yojana focuses on social security for small and marginal farmers. The scheme got ₹120 crore in allocation. Farmers contribute monthly and receive pension benefits later.

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How are farm loans made cheaper?

    The Modified Interest Subvention Scheme was given Rs 22,600 crore. Loans up to Rs 3 lakh at 7% interest, an extra 3% subsidy for timely repayment, and an effective rate that drops to just 4%. This helps farmers access affordable short-term credit.

Credit: Open Ai

What about rural infrastructure?

    The Agriculture Infrastructure and Development Fund received Rs 6,000 crore to support storage, supply chains, and other farm facilities.

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What can farmers expect now?

    Higher allocations, direct cash support, cheaper credit, and stronger infrastructure could be the main highlights. If the trend continues, Budget 2026 may bring even more focused benefits for India’s farming community.

Credit: Open Ai

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