3 months ago
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Minister for Agriculture K. Atchannaidu presented the Agriculture and Allied Sectors Budget for 2026-2027 successful the Legislative Assembly, for the 3rd time, connected Saturday (February 14) with a full outlay of astir ₹53,753 crore, including ₹14,277 crore for the attraction and operation of irrigation projects, ₹13,722 crore for energy subsidy requirements, ₹500 crore for the Price Stabilization Fund and an adjacent magnitude for agriculture and allied works nether the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin).
He noted that Andhra Pradesh’s publication to the country’s cultivation accumulation stood astatine 10% and the assemblage accounted for 33.20% (₹5,39,454 crore) of the Gross State Domestic Product of ₹17,62,357 crore arsenic per afloat precocious estimates, astatine existent prices, successful 2025-26. Promotion of earthy farming, encouraging the adoption of integer practices, facilitating crop diversification (from accepted to high-income crops), ensuring remunerative prices, reducing post-harvest losses and giving a fillip to nutrient processing were mentioned arsenic the thrust areas.
Allocations
The Agriculture section got ₹12,153 crore chiefly consisting of ₹250 crore for harvest security scheme, ₹250 crore for interest-free loans, ₹240 crore for effect subsidies, ₹208 crore for A.P. Community-based Natural Farming Project, ₹40 crore for fertilizer buffer banal management. A sum of ₹1,123 crore has been allocated to the Horticulture department. This includes ₹475 crore for micro irrigation, ₹204 crore for the improvement of lipid thenar plantations, ₹177 crore for the Mission for Integrated Development of Horticulture.
The Animal Husbandry, Fisheries (a 20% maturation complaint has been acceptable for 2026-27), Cooperation and Sericulture departments person been earmarked ₹1,121 crore, ₹524 crore, ₹210 crore and ₹96 crore respectively. The fund provided astir ₹805 crore for Acharya N.G. Ranga Agricultural University (₹504 crore), Sri Venkateswara Veterinary University (₹163 crore), Dr. YSR Horticultural University (₹97 crore) and AP Fisheries University (₹39 crore).
Mr. Atchannaidu stated that the allocation of ₹14,277 crore for irrigation projects was successful tune with the government’s committedness to guarantee h2o information by completing the pending projects and desilting the canals wherever necessary. Steps were taken to leverage modern technologies specified arsenic AI, Internet of Things, heavy tech, drones, robotics and satellite-based systems to alteration agriculture into a profitable and precocious - income generating sector, helium added.
