Nirmala announces package for Agriculture, Fishing & Dairy

Nirmala announces package for Agriculture, Fishing & Dairy

Date:

TNI Bureau: Finance Minister Nirmala Sitharaman on Friday announced the third tranche of the stimulus package to help those more affected by the nationwide lockdown.

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The Finance Minister today discussed on measures focuses on agriculture, fisheries, food processing, dairy and allied activities.

Key Announcements:

? Rs 74,300 crore purchases based on MSP during lockdown in the last two months.

? Rs 18,700 crore cash transfer to Farmers during lockdown in March-April.

? 560 lakh litres of milk purchased daily by co-operative societies.

? Rs 1 lakh crore for strengthening farming infrastructure, including Cold Storage, Grain Storage and allied work.

? Rs 10,000 crore scheme for formalisation of Micro Food Enterprises (MFE) with a cluster based approach. Local products will be marketed for global sale.

? Rs 20,000 crore to boost fisheries and allied industries. Rs 11,000 crore for marine activity; Rs 9,000 crore for fishing infrastructure.

? 55 lakh jobs to be created to boost marine exports to Rs 1 lakh crore.

?Rs 13,343 crore for vaccinating 53 crore livestock as part of Animal Disease Control Programme.

? Rs 15,000 crore for Animal Husbandry infrastructure. Incentives for Dairy Plants for exports.

? Rs 4,000 crore for 10 lakh hectares of herbal cultivation.

? Rs 500 crore funds for Beekeeping initiative. 2 lakh Beekeepers to be benefited.

? Additional Rs 500 crore for supply of fruits and vegetables.

? ECA (Essential Commodities Act) to be amended to ensure export demands are not affected. Central Law will ensure e-trading of products.

? Central Law to allow Farmers to choose the attractive rate & connect them to large retailers and food processes.

? Potatoes, Onions, Cereals etc. to be de-regulated. Operation Greens to be extended from Tomatoes, Onions and Potatoes (TOP) to all fruits and vegetables (TOTAL).

? No intra-state barriers for farmers.

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