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Agritech
The announcement aligns with the Centre's broader Budget 2025 themes — boosting agricultural growth and productivity, strengthening rural prosperity and resilience, and supporting MSMEs
In a push to boost agriculture, the finance minister also announced establishing a Makhana Board in Bihar to improve the production, processing, value addition, and marketing of makhana
The board will provide handholding and training support to makhana farmers and will also work to ensure they receive the benefits of all relevant government schemes
The Centre will establish a national institute of food technology, entrepreneurship and management in Bihar, finance minister Nirmala Sitharaman announced during her Union Budget 2025 speech on Saturday (February 1).
“The Institute will provide a strong fillip to food processing activities in the entire eastern region. This will result in, one, enhanced income for the farmers through value addition to their produce, and two, skilling entrepreneurship and employment opportunities for the youth,” she said.
Notably, the announcement aligns with the Centre’s broader Budget 2025 themes—boosting agricultural growth and productivity, strengthening rural prosperity and resilience, and supporting MSMEs.
In a push to boost agriculture, the finance minister also announced establishing a Makhana Board in Bihar to improve the production, processing, value addition, and marketing of makhana.
The board will provide handholding and training support to makhana farmers and will also work to ensure they receive the benefits of all relevant government schemes, Sitharaman said.
The FM added that a national mission on high yielding seeds will be launched, aimed at strengthening the research ecosystem and targeted development and propagation of seeds with high yield, pest resistance, and climate resilience.
The overall agro-processing industry as well as skill development in rural areas in this sector are expected to benefit significantly once these schemes are implemented. Besides, this would have a direct impact on strengthening the supply chain in the FMCG market.
As per Economic Survey 2024-25, the agriculture and allied activities sector has contributed approximately 16% of the country’s GDP in FY24.
