Budget 2025: FM Nirmala Sitharaman proposes Makhana Board for Bihar to Improve Production and Marketing

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on February 1st, 2025, at 11:00 AM before the Parliament. The Union Budget 2025 has significantly emphasized regional development, and Bihar's agricultural sector has emerged as a key beneficiary. Among the various initiatives to bolster the state's economy, the proposed establishment of a dedicated board for the Makhana industry stands out as a promising development.

Makhana, commonly referred to as fox nuts or lotus seeds, is a nutritious food product harvested from the Euryale ferox plant, a type of water lily. This aquatic crop thrives in wetland areas across Asia, with Bihar being the foremost producer in India, contributing around 80% of the country's total Makhana output. Renowned for its flavor and health benefits, Makhana is rich in protein, fiber, antioxidants, and essential minerals such as calcium and magnesium.

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Makhana has a long history of cultivation and consumption in the region, and it is deeply ingrained in local cuisines and traditions. The Makhana industry in Bihar plays a crucial role in the state's economy, providing livelihoods to thousands of farmers and workers involved in its cultivation and processing. Despite its importance, the makhana industry has faced numerous challenges, including a lack of organized market access, limited access to credit and modern technology, and vulnerability to climate change and disease

The recent announcement by the Finance Ministry regarding the establishment of a dedicated Makhana Board in Bihar has been met with enthusiasm from farmers, industry stakeholders, and consumers alike. This move signifies a crucial step towards recognizing the significance of makhana cultivation and unlocking its immense potential for economic growth and rural development in the state. The Finance Minister's emphasis on direct support for farmers through training and access to government schemes underscores the board's focus on empowering cultivators at the grassroots level.

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The dedicated Makhana Board in Bihar aims to drive improvements in processing and value addition within the makhana industry, providing crucial hand-holding and training support to farmers, disseminating trade-related technologies, and working diligently to ensure that cultivators receive the full benefits of all relevant government schemes.

The proposed Makhutti Board is a welcome move, as it recognizes the importance of Makhana cultivation in Bihar's economy. By supporting Makhana farmers and improving the crop's marketability, the board can help unlock the full potential of this valuable resource. This initiative has the potential to transform the lives of thousands of farmers and rural communities in Bihar, who have been relying on Makhana cultivation for generations.

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The establishment of the Makhana Board is also expected to have a positive impact on Bihar's economy, as the state is one of the largest producers of Makhana in the country. By promoting Makhana production and export, the board can help increase the state's revenue and create new employment opportunities.

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