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.