India’s new National Democratic Alliance Government presented its inaugural budget on July 10, 2014. The new budget indicates a continuation of the previous government’s agricultural programs, as well as a number of new programs which aim to improve agricultural infrastructure and farmer access to credit. Import tariffs for most food and agricultural products remain unchanged, excepting for de-oiled oilseed cakes and meals, wherein the import duty has been exempted till December 31, 2014.
