Authors: Assistant Professor Dr.N.L.Srikanth, Assistant Professor Mr.M.Sravansai, Professor Dr.B.Sivakumar, Assistant Professor Mr.P.Sivanagesh, Assistant Professor Ms.M.Bhavani, Assistant Professor Dr.N.Madhu
Abstract: Agricultural budgeting is pivotal to advancing both the growth and long-term viability of the agriculture sector. This research presents a comparative evaluation of the projected agricultural budget for 2025–26 to the actual allocations made over the previous five fiscal years (2020–21 to 2024–25). Through a detailed assessment of trends in both recurring and capital expenditures, the study reveals notable shifts in financial prioritization across sub-sectors such as crop production, irrigation systems, agricultural research, and rural credit programs. Data were compiled from government budget records, financial audits, and official expenditure statements issued by the Ministry of Agriculture. Although overall funding for agriculture has shown a nominal upward trend annually, critical components like agricultural extension services and climate-resilient infrastructure have experienced irregular investment patterns. The study also identifies an average gap of 12.5% between projected and actual spending, with budget overestimations more frequently occurring during periods marked by political change or external economic disturbances. Furthermore, the research highlights imbalances between central and state-level contributions, pointing to inconsistencies in the distribution of resources. These findings emphasize the necessity for more reliable budget forecasting tools, improved coordination among implementing bodies, and flexible budgeting practices that can respond effectively to evolving sectoral needs. The study concludes by offering policy recommendations aimed at reinforcing fiscal responsibility, promoting transparency in the use of public funds, and aligning agricultural budgets more strategically with development goals and climate adaptation priorities.
International Journal of Science, Engineering and Technology