The Union Budget of India, or the Annual Financial Statement under Article 112 of the Constitution, is the comprehensive, yearly report of the Central Government's estimated revenues and expenditures for the upcoming fiscal year (April 1 to March 31).
On 1 February 2026, Finance Minister Nirmala Sitharaman presented the Union Budget 2026. It explains how the government plans to use money starting 1 April 2026. This year, the main focus is on farming and village development. The government aims to help farmers earn more, create jobs in villages, and improve rural life.
The government said that all new schemes will provide direct benefits to farmers and village families. Some of the key steps are:
These steps have already helped farming grow by about 7%, and poverty in many villages has reduced.
The Budget also discussed the problems farmers face today:
At the same time, farming is changing with new tools like modern machines and AI technology, which can help farmers make better decisions.
Union Budget 2026 gives a big increase in funding for agriculture. The Department of Agriculture and Farmers Welfare received ₹21,937 crore in 2013–14. This has increased to ₹1,27,290 crore in 2025–26. This shows that the government considers farming very important for India’s development. About 46% of India’s working population still depends on farming and related work.
One of the most useful announcements in Union Budget 2026 is a multilingual AI-based farming tool. This tool will help farmers:
It will be available in local languages, making it easy for farmers to use and take timely decisions.
The Budget provides special help for high-income crops, including:
Some key programs are:
These steps are expected to increase farm income and support farmers in forest-based communities.
The Budget also focuses on livestock farming.
Union Budget 2026 provides more funding, new tools, and support for farmers. ₹1.27 lakh crore has been allocated for agriculture. Farmers will get better help for planning their crops with new AI tools. Special schemes will increase earnings from crops and livestock. In short, the Budget aims to make farming more profitable, create jobs in villages, and improve rural life. Farmers now have more support, more opportunities, and better guidance to grow crops and earn more money.