India Region

Budget 2025: A Growth-Focused Push for Indian Agriculture, Says Hemant Sikka

04 February 2025, New Delhi: The Union Budget 2025 has reinforced the government’s commitment to agriculture as a key driver of India’s future, introducing a series of measures aimed at fostering rural prosperity and sustainable farming. Reacting to the budget, Hemant Sikka, President of the Farm Equipment Sector at Mahindra & Mahindra Ltd. and Co-Chair of FICCI’s National Agriculture Committee, welcomed the growth-oriented approach while appreciating its balance with fiscal health.

“Budget 2025 is growth-focused, keeping in mind the country’s fiscal health while unlocking India’s real potential, with a strong emphasis on agriculture as a key engine of India’s future,” Sikka stated.

The budget lays out a comprehensive strategy to empower farmers and strengthen the rural economy by encouraging sustainable farming practices, improving irrigation infrastructure, and enhancing storage facilities to reduce post-harvest losses. It also focuses on increasing agricultural credit availability to support small and marginal farmers while expanding food processing capacity to add value and boost farm incomes. These measures are expected to significantly enhance agricultural productivity and efficiency.

According to Sikka, these initiatives will not only reinforce India’s agricultural sector but also position the country as a global food basket. By making farming more resilient and ensuring long-term rural economic growth, Budget 2025 sets the stage for a self-reliant and future-ready Indian agriculture sector.

Also Read: Budget 2025: A Boost for Farmers, but GST on Inputs Needs Revision – Dr. R.G. Agarwal

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