Indian agriculture accounts for 17% of India's GDP and employs 50% of the workforce. The 2017 Union Budget allocated Rs. 1,87,223 crore to rural, agriculture, and allied sectors, a 24% increase over the previous year. Key initiatives included increasing agricultural credit to Rs. 10 lakh crore, expanding crop insurance coverage, establishing micro-irrigation and dairy funds, and allocating additional funds for rural employment and development programs.