Budget 2026: India Boosts Farm Incomes with Cashew, Coconut, and AI Focus

Budget
C
CNBC TV18•01-02-2026, 12:12
Budget 2026: India Boosts Farm Incomes with Cashew, Coconut, and AI Focus
- •Finance Minister Nirmala Sitharaman announced targeted support for high-value crops like cashew and sandalwood to diversify farm output and increase farmer incomes.
- •A dedicated program aims to make India self-reliant in cashew and coconut production, involving central and state government partnerships.
- •A comprehensive coconut production scheme will replace non-productive plantations, benefiting nearly 10 million farmers.
- •The Budget introduces Bharat Vistaar, a multilingual AI tool integrating agri-stack portals with ICAR practices to support farmers with technology.
- •Despite increased spending, agriculture faces challenges like fragmented landholdings and monsoon variability, shaping policy priorities.
Why It Matters: Budget 2026 prioritizes high-value crops and AI to enhance agricultural productivity and farmer incomes.
✦
More like this
Loading more articles...




