One of the major budget highlights is the provision of Rs 9,992 crore for power subsidy to the agricultural sector.

Punjab Budget 2025: Agriculture and Sustainability Get a Boost latest news: The Punjab Budget 2025, tabled by Finance Minister Harpal Singh Cheema, has placed a major emphasis on agriculture, reiterating the government's resolve to tackle the issues of the farming community while encouraging sustainable practices.

With an overall allocation of  Rs14,524 crore for agriculture and allied sectors, the budget seeks to empower farmers and ensure the long-term well-being of the state's agrarian economy.

One of the major budget highlights is the provision of Rs 9,992 crore for power subsidy to the agricultural sector. This step will help reduce the financial burden on farmers and enable them to efficiently manage their operational expenses. The subsidy will provide uninterrupted power supply for farming purposes, which is essential for irrigation and other farm requirements.

In an effort to deal with the pressing issue of stubble burning, the government has allocated Rs500 crore for crop residue management. The move highlights the government's resolve to seek long-term solutions to this national problem. Through encouraging the adoption of green technologies and offering funds for managing residue, the government hopes to cut down on air pollution and enhance soil quality.

Moreover, Rs 115 crore has been allocated for crop diversification schemes. This amount is to be used to persuade farmers to move away from conventional crops such as wheat and paddy to other, high-value crops. The diversification policy not only seeks to increase farmers' income but also seeks to tackle the problem of declining groundwater levels, a major issue in Punjab.

The budget also focuses on the role of innovation and technology in agriculture. By encouraging initiatives that foster sustainable agriculture and optimal use of resources, the government is opening the door to a future-proof and resilient agricultural industry.

Overall, Punjab Budget 2025 is a balanced proposition that tackles the short-term requirements of farmers and sets the stage for long-term sustainability. With these initiatives, the government sees a prosperous and green Punjab, where agriculture remains the cornerstone of the state's economy.

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