Finance Minister Nirmala Sitharaman on Friday said the 3rd tranche of the economic package will deal with giving relief to agriculture and allied industries. Prime Minister Narendra Modi earlier this week announced a cumulative package of Rs 20 lakh crore (nearly 10 percent of GDP) to provide relief to various segments of the economy battered by coronavirus lockdown.
“I will be announcing 11 measures today, of which 8 relates to strengthening capacity and infrastructure. The government will allocate money and we can quickly ramp up on these. The rest 3 will pertain to government and administrative reforms,” says FM. 560 lakh liters of milk were also procured by cooperatives during the lockdown, says FM.
Here are the key details for 3rd tranche of the economic package
1 lakh crore for the agri-infrastructure fund, says FM Sitharaman
Rs 1 lakh crore announced for the agri-infrastructure fund for farm-gate infrastructure for farmers. Impetus will be placed on the development of farm-gate and aggregation point, affordable and financially viable post-harvest management infrastructure.
Registration of 242 Shrimp hatcheries, Naupali Rearing hatcheries extended
.Registration of 242 Shrimp hatcheries and Naupali Rearing hatcheries, which expired on March 31, 2020, has been extended for 3 months.
Govt brings scheme worth ₹10,000 crores for ‘Vocal for Local with global outreach’
The government introduces a ₹10,000 crores scheme for the formalization of Micro Food Enterprises (MFE); the scheme promotes PM’s vision of ‘Vocal for Local with global outreach’, says FM Nirmala Sitharaman.
Measures to aid marine and coastal farmers have been undertaken: FM
All Covid-19 related deadline extensions relating to fisheries activities, many of them involving overseas contracts, have been honoured. Many measures which will help marine and coastal farmers have been undertaken as promised, says finance minister.
Govt will put ₹5,000 crores in hands of 2 crore farmers
A new scheme was introduced to give lower interest to dairy cooperatives, the interest subvention scheme will continue. The government will put additional ₹5,000 crores in hands of 2 crore farmers: Finance minister
Govt scheme worth ₹20,000 crores for development of marine, inland fisheries
Govt to launch the ₹20,000 crores Pradhan Mantri Matsya Sampada Yojana for the development of marine and inland fisheries. The scheme is for integrated, sustainable, inclusive development of marine and inland fisheries to plug critical gaps in the fisheries value chain; move will provide employment to over 55 lakh persons and double exports to ₹1 lakh crore: Finance minister Nirmala Sitharaman
Govt launches programme for foot and mouth disease, Brucellosis
The Centre has launched the National Animal Disease Control Programme to ensure that Foot and Mouth Disease and Brucellosis is eradicated among live animals. A total of 100 per cent vaccination of cattle, buffalo, sheep, goat and pig population will be ensured. As many as 1.5 crore cows and buffaloes have been tagged till date as opposed to 53 crore animals in total.
National Animal Disease Control Programme for Foot and Mouth Disease and Brucellosis launched with a total outlay of ₹13,343 crores, says finance minister Nirmala Sitharaman.
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Govt to set up ₹15,000 crore fund for animal husbandry infrastructure development
The government has earmarked Rs 15,000 crore for setting up animal husbandry infrastructure. This will be used to support private investment in Dairy Processing, value addition and cattle feed infrastructure.
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India to witness a corridor of medicinal plants along river Ganga banks: Govt
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National Medicinal Plants Board will bring 800-hectare area by developing a corridor of medicinal plants along the banks of river Ganga, says finance minister Nirmala Sitharaman
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India to witness a corridor of medicinal plants along river Ganga banks: Govt
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National Medicinal Plants Board will bring 800-hectare area by developing a corridor of medicinal plants along the banks of river Ganga, says finance minister Nirmala Sitharaman
