Budget 2023 Millet Policy, a step towards making India a ‘Global Leader’ in Millets.
Millet is gaining immense popularity since the declaration of the year 2023 as an “International year of millets”. The Indian government is making all efforts to ensure IYM is a grand success. After organizing various state missions, budget 2023 has given a notable emphasis on creating millet awareness.
Budget 2023 millet policy is focusing
on various aspects of millet promotion, starting from enhancing the production
to branding and encouraging millet consumption domestically as well as
globally.
Finance Minister Nirmala Sitharaman, while
presenting the budget, said that the Government aims to establish India as a
global hub for millet. She addressed millets as “Sri Anna".
Millet Facts
mentioned in the Budget Speech
·
India is the largest producer and second largest exporter of
Sri Anna in the world.
· Several types of Sri Anna such as Jowar, Ragi, Bajra, Kutu, Ramdana, Kangni, Kutki,
Kodo, Cheena, and Sama are grown in India.
·
Millets offer several health benefits and have been an
integral part of our food for centuries.
She also recognized the contribution of small
farmers by saying, ”I acknowledge with pride the huge service done by small
farmers in contributing to the health of fellow citizens by growing these, Sri
Anna”.
Budget 2023: Key highlights that are aimed to make India,
a global millet leader
Here are some key
highlights that show that India will be a global millet leader.
Indian Institute of millet research will change into a center of excellence
To make India a global hub for millet,
the Indian Institute of Millet Research, Hyderabad, will be converted into a
center of excellence for sharing best practices for research and technologies
at the international level. These things will help brands to get the best out
of millet.
Acceleration of agricultural funds to encourage millet
production
Agricultural accelerate funds have
been issued for Argo startups and aspiring entrepreneurs to encourage millet
production and solve problems in rural areas. The fund will aim at bringing
innovative and affordable solutions for challenges faced by farmers. It will
also bring in modern technologies to transform agricultural practices and
increase productivity and profitability.
Promoting collaboration between farmers, state, and
industry
Collaboration between farmers, state, and industry for input supplies, extension services, and market linkages.
Increased agricultural credit target
With the budget in 2023, the
agricultural credit target will be increased to Rs 20 lakh crore with a focus
on animal husbandry, dairy, and fisheries.
PM Modi’s support and encouragement for millet
PM Modi has consistently shown his
support and words of encouragement for promoting millet. He has led and
presented India’s proposal for making 2023 an international year of millet
effectively, in front of the United Nations. His proposal was supported by 72
nations and 2023 has been declared as “International year of millets”
On his radio show “Mann ki Baat”, he
explained the significance of millets to people in simple words. And now, with
his recent Budget speech, he has motivated people to increase millet
consumption and make IYM a people's movement.
In
his recent Budget 2023 speech, he said that “Today when millets are reaching
every home and gaining popularity across the world, small farmers will get the
ultimate benefit”.
What does an Industry expert say?
Industry experts like Skyroots.in
have welcomed Budget 2023’s millet-promoting policies wholeheartedly and
applauded the Indian government’s efforts to make India the global leader of
millet. Being Atmanirbhar in the
healthy food domain will go a long way in improving food security and the
nourishment of our country’s population.
Many start-ups have invested in
millet-based products, as India rediscovers the goodness of millet. Skyroots.in is a millet product-based brand,
headquartered in Pune. We have a wide range of millet products like millet baking
mix, millet bars, and millet snacks (millet chiwda) to help people make millet a
part of their daily routine. We are committed to supporting the IYM and Budget
2023’s millet policies to increase millet awareness and promote healthy
lifestyle practices.
Conclusion
In conclusion, millets have received high priority in budget 2023. They are high in nutrition and require less water and less fertile soil to grow. Thus, encouraging millet cultivation can be a great way to support small farmers and increase food and nutrition security worldwide.
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