Nikhil Kamath’s predictions came true. In a transformative step aimed at reshaping Bihar’s thriving Makhana sector, Finance Minister Nirmala Sitharaman unveiled plans to establish a specialized Makhana Board in the Union Budget. To ensure effective implementation, institutional mechanisms will be developed, encouraging active participation from farmer-producer organizations (FPOs) and cooperatives.
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The Makhana Board will also play a crucial role in providing handholding support and specialized training to makhana farmers, equipping them with the necessary skills and knowledge to improve productivity and profitability. This initiative is expected to not only uplift the livelihoods of makhana cultivators in Bihar but also position the state as a key player in the national and global makhana market.
For the unversed, recently Zerodha’s co-founder Nikhil Kamath predicted that the makhana (also known as foxnut) will be India’s biggest global export. “Maybe room here to build a really large brand, an Indian brand that sells to the world. Personally, I’m hooked on Makhana,” he wrote on X.
Makhana’s exceptional nutritional value has been a major factor behind its rising popularity. Packed with carbohydrates, protein, and vital minerals like phosphorus and calcium, it remains low in fat and calories, making it an ideal choice for health-conscious individuals.
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