Budget 2024 allocated a substantial ₹1.52 lakh crore specifically for which sector?

Correct option is A

The correct answer is (a) Agriculture

Explanation:

In Budget 2024, the Indian government allocated a substantial sum of ₹1.52 lakh crore to Agriculture, highlighting its focus on boosting this critical sector. The allocation is aimed at enhancing farm productivity, promoting sustainability, and improving the livelihoods of farmers. This move aligns with the government's broader goal of achieving food security,rural development, and economic growth through agricultural reform.

Information Booster:

• ₹1.52 lakh crore is a significant budgetary allocation for the Agriculture sector.

• The fund will be used for irrigation facilities,agricultural research, and improving infrastructure in rural areas.

• The allocation also focuses on providing better support to farmers, improving crop yields, and addressing challenges such as climate change.

• Government schemes like PM-KISAN and Pradhan Mantri Krishi Sinchayee Yojanawill benefit from this boost in funding.

• The allocation also aims to increasefood processingandexportsof agricultural products, promoting agriculture-based industries.