Over 73 per cent of Agriculture Budget goes towards welfare measures, subsidies: ICRIER

The report also pointed out that despite this significant investment of Rs. 6.2 trillion, the focus remains heavily skewed toward welfare measures and subsidies, such as food and fertilizer subsidies, and the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). All these account for Rs. 4.55 trillion, or over 73 per cent of the total agriculture budget expenditure.