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Which of the following budgets announced the release of 109 high-yielding and climateresilient varieties of 32 field and horticulture crops?
Question

Which of the following budgets announced the release of 109 high-yielding and climateresilient varieties of 32 field and horticulture crops?

A.

Union Budget 2022-23

B.

Union Budget 2024-25

C.

Union Budget 2021-22

D.

Union Budget 2023-24

Correct option is B

The correct answer is (b) Union Budget 2024-25

Explanation:

The release of 109 high-yielding and climate-resilient varieties of 32 field and horticulture crops was announced in the Union Budget 2024-25. This initiative aims to enhance agricultural productivity and resilience to climate change. ​

Information Booster:

Union Budget 2024-25 –

  • Focus: 'Garib' (Poor), 'Mahilayen' (Women), 'Yuva' (Youth), and 'Annadata' (Farmers).
  • Theme: Employment, skilling, MSME support, middle-class welfare.
  • Allocation: ₹1.48 lakh crore for education, employment, and skilling.

Key Priorities

1. Agriculture & Farmers' Welfare

  • ₹1.52 lakh crore allocated for agriculture & allied sectors.
  • 109 new high-yield crop varieties, promotion of natural farming among 1 crore farmers.
  • 10,000 bio-input centers, boost in pulses & oilseeds production.

2. Employment & Skilling

  • Revised Skill Loan Scheme: Loans up to ₹7.5 lakh, benefiting 25,000 students annually.
  • Employment Linked Incentive Scheme to generate jobs.

3. Social Justice & Human Resource Development

  • ₹2.66 lakh crore for rural development & infrastructure.
  • PM Janjatiya Unnat Gram Abhiyan for 63,000 tribal villages, impacting 5 crore people.
  • 100 new branches of India Post Payment Bank in the North East.

4. Manufacturing & MSMEs

  • Mudra loan limit raised to ₹20 lakh for Tarun category borrowers.
  • PM Internship scheme for 1 crore youth in 500 top companies.

5. Urban Development

  • PM Awas Yojana Urban 2.0: ₹10 lakh crore for housing for 1 crore families.
  • Focus on water supply, sewage treatment, and solid waste management in 100 large cities.

6. Energy Security

  • PM Surya Ghar Muft Bijli Yojana: Free electricity (up to 300 units) for 1 crore households via rooftop solar.

7. Infrastructure Development

  • ₹11.11 lakh crore capital expenditure, 3.4% of GDP.
  • ₹11,500 crore for irrigation projects in Bihar.
  • Financial aid to Assam, Himachal Pradesh, Uttarakhand, Sikkim for flood & landslide management.

8. Innovation & R&D

  • Anusandhan National Research Fund: ₹1 lakh crore to boost research & innovation.
  • ₹1,000 crore venture capital fund for space economy expansion.

9. Economic & Next-Gen Reforms

  • Economic Policy Framework for long-term economic growth.
  • Labour Reforms via e-shram, Shram Suvidha, and Samadhan portals.
  • Climate Finance Taxonomy for green investments.
  • Jan Vishwas Bill 2.0 to improve Ease of Doing Business.

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