Business

Union Budget 2025: Major Tax Relief for Salaried Class

New Delhi, February 1, 2025  – In a major relief to the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually will be exempt…

By The Political Observer Staff 2 Min Read

Get Observer Tips and Tricks in Our Newsletter!

Join our community of subscribers who are gaining a competitive edge through the latest trends, innovative strategies, and insider information!
  • Stay up to date with the latest trends and advancements in AI chat technology with our exclusive news and insights
  • Other resources that will help you save time and boost your productivity.

India Cuts Trade Barriers to Avoid U.S. Tariffs Ahead of Modi’s Visit

New Delhi, February 3, 2025 – India has taken preemptive steps to lower trade barriers,…

By The Political Observer Staff 1 Min Read

Union Budget 2025: Major Tax Relief for Salaried Class

New Delhi, February 1, 2025  – In a major relief to the middle class, Finance…

By The Political Observer Staff 2 Min Read
Union Minister Nitin Gadkari

Sugar Industry’s Share in GDP Can Rise to 3%: Nitin Gadkari

New Delhi: The Indian sugar industry has the potential to significantly boost its contribution to…

By The Political Observer Staff 4 Min Read
**Ahead of Union Budget 2025, Agriculture Experts Call for Increased Investment in Research and Technology** As the **Union Budget 2025** approaches, farmers and agriculture experts are urging the government to prioritize the agriculture sector by boosting funding for **agricultural research** and **advanced technology**. This includes additional subsidies on **fertilizers**, **urea**, and **machinery**, aimed at helping farmers increase crop production at reduced costs. “With over **50% of the population** involved in agriculture, it is crucial that the budget allocation reflects this,” said agriculture expert **Dharmendra Malik**. He emphasized that the **PM ASHA budget** should be increased threefold, and the **overall agriculture budget** should see a 10% rise to enhance the income of farmers and laborers. Experts are optimistic that the government will focus on agriculture, education, and health, driving better outcomes for both farmers and the wider population. Malik further added, “We expect that the government will double the funds for **PM-Kisan Samman Nidhi**, following previous allocations of **60,000 crore**.” A significant portion of the budget is also expected to be directed toward **agriculture research** and the development of **infrastructure** to support **cutting-edge agricultural technology**. According to the **Economic Survey 2023-24**, the agriculture sector has grown at an average annual rate of **4.18%** over the past five years. The country has maintained a stable stock of food grains, with about **40% of the stock distributed free of cost** to two-thirds of the population. Additionally, India exports more than **7% of its food grains**, contributing positively to the national economy. The **Economic Survey** highlights the role of **digitization** in agriculture, which is expected to help farmers make more informed decisions. It also outlines welfare schemes such as **PM Gareeb Kalyan Yojana (PMGKAY)**, the **National Food Security Act (NFSA)**, and India’s food management program, which includes procurement and distribution. “We are hoping for relief from the upcoming budget, especially through subsidies on **fertilizers**, **urea**, and **machinery**, which will make a significant difference in our production costs,” said **Chanda Ram**, a farmer from **Jodhpur**. **Amar Pal**, a farmer from **Uttar Pradesh**, echoed similar expectations, stating, “We hope the government will focus on building **storage warehouses** and improving **infrastructure** for farmers to store and preserve our produce.” The agriculture sector continues to support the livelihood of about **42.3% of the population** and contributes **18.2% to the country’s GDP**. With sustained growth, this sector plays a vital role in the overall economic development of India.

Ahead of Union Budget 2025, Agriculture Experts Call for Increased Investment in Research and Technology

As the Union Budget 2025 approaches, farmers and agriculture experts are urging the government to…

By The Political Observer Staff 3 Min Read
India to Build Its Own AI Model to Rival ChatGPT, DeepSeek R1 Under IndiaAI Mission

India to Build Its Own AI Model to Rival ChatGPT, DeepSeek R1 Under IndiaAI Mission

The Indian government has announced plans to develop a homegrown large language model (LLM) under…

By The Political Observer Staff 4 Min Read
Anand Mahindra

Anand Mahindra Advocates for Quality Over Quantity in Work-Life Balance Debate

New Delhi: Mahindra Group Chairman Anand Mahindra weighed in on the ongoing debate surrounding work-life…

By The Political Observer Staff 3 Min Read
Show More