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Published 16:09 IST, February 1st 2025

Budget 2025: Makhana Board Features In FM Budget Speech? What Is It

In her Union Budget presentation, Finance Minister Nirmala Sitharaman announced the creation of a separate Makhana Board for Bihar.

Reported by: Deepak Agrahari
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Budget 2025: Makhana Board features in FM budget speech | Image: R Business

In her Union Budget presentation, Finance Minister Nirmala Sitharaman announced the creation of a separate Makhana Board for Bihar.

Separate Board For Makhana


Amid the growing popularity of Makhana, also known as Fox nuts, the government is taking measures to unlock its business potential. The recommended 'Board' will focus on enhancing the production, processing, value addition, and marketing of makhana. Those involved in these activities will be organized into Farmer Producer Organizations (FPOs). The board will offer support through guidance and training to makhana farmers, while also working to ensure they benefit from all relevant government schemes.

"Makhana Board in Bihar. For this, there is a special opportunity for the people of Bihar. A Makhana Board will be established in the state to improve the production, processing, value addition, and marketing of makhana. The people engaged in these activities will be organized into FPOs. The board will provide hand-holding and training support to makhana farmers and will also work to ensure they receive all relevant government schemes," Finance Minister said in her Budget announcement.

Nikhil Kamath Bet On Makhana

A few days ago, Zerodha co-founder Nikhil Kamath also spoke about it. "Maybe room here to build a really large brand, an Indian brand that sells to the world. Personally, I'm hooked on Makhana," he shared on X.

Zerodha's founder emphasised the huge potential of the makhana sector. He highlighted its capacity to grow into a billion-dollar industry. The founder expressed strong confidence in the sector's future success.

Finance Minister Nirmala Sitharaman presented her record eighth budget in Parliament, which was initially disrupted by opposition parties, with many walking-out of Parliament demanding a debate on Mahakumbh's stampede.
 

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Updated 16:49 IST, February 1st 2025