Budget 2026: The government may increase support for farmer producer organizations: The 2026 budget could not only focus on increasing farmers' income, but the government could also take new steps to make agriculture more sustainable and profitable.
Ahead of the Union Budget 2026, expectations are high among farmers in the agricultural sector. In particular, there is discussion about the possibility of increased government support for Farmer Producer Organizations (FPOs). This move could not only provide farmers with better working capital but also prove crucial in improving post-harvest processing, market intelligence, and overall management.
Major announcements for farmers are also possible:
The budget is expected to focus on increasing farmers' income and making agriculture more profitable. It is also anticipated that the amount provided under the PM-KISAN scheme could be increased from the current annual ₹6,000. The payment process could be further streamlined, and more farmers could be brought under the scheme's ambit. A robust crop insurance scheme is also expected, with provisions for faster compensation, accurate assessment of losses, and timely relief for farmers affected by weather or natural calamities.
Irrigation could receive a boost:
The budget may increase investment in canal repairs and technologies like drip and sprinkler irrigation, leading to water conservation and improved crop quality. A new seed bill may also be introduced. This bill could include provisions for fines of up to ₹30 lakh and imprisonment of up to 3 years for selling counterfeit seeds, protecting farmers from significant losses during the sowing season.
Relief in agricultural loans is possible:
The availability of easy and affordable loans could be increased. The target could be raised to over ₹32.50 lakh crore, reducing farmers' dependence on moneylenders. Special agricultural schemes could be implemented in 100 districts, focusing on soil testing, localized crop planning, and initiatives promoting sustainable farming. Additionally, efforts could be made to connect farmers to higher-value markets through improved storage facilities and food processing support.
