May 15, 2020 12:14 UTC
Farm Infrastructures
One lakh crore fund for strengthening the farm gate infrastructure like cold chains, post harvest storage infrastructures etc
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One lakh crore fund for strengthening the farm gate infrastructure like cold chains, post harvest storage infrastructures etc
Rs 500 crore have been allocated for beekeeping. This will help 2 lakh beekeepers
Rs 15,000 crore will be spent on ramping up the dairy infrastructure. Also, investments will be made in cattle feed.
Govt will launch Pradhan Mantri Matsya Sampada Yojana for development of marine and inland fisheries. Rs 20,000 crore will be spent to fill the gaps in value chains. This will lead to an additional fish production of 70 lakh tons in next five years and provide employment to 55 lakh people.
#OnCNBCTV18 | Sudha Narayanan (@_SudhaNarayanan) of Indira Gandhi Institute of Development Research (IGIDR) says the government is using #COVID19 to push certain politically difficult reforms#IndiaFightsCOVID19 #RestartingIndia pic.twitter.com/FYWmcJyOLZ
— CNBC-TV18 (@CNBCTV18Live) May 15, 2020
A central law will be formulated to provide
Propose amendment to Essential Commodities Act to enable better price realisation for farmers. Food stuffs including edible oils, oilseeds, pulses, onions and potato will be deregulated. And stock limits will be imposed only under exceptional circumstances like famine and surge in prices.
1. One lakh crore fund for strengthening the farm gate infrastructure like cold chains, post harvest storage infrastructures etc.
2. Rs 10,000 crore fund for micro food scheme will be executed with cluster based approach. Will benefit 2 lakh Micro Food Enterprises. For instance, Bihar can have Makhana cluster, Kashmir can have Kesar cluster, Telangana can have Turmeric cluster, Andhra can have chilli cluster.
3. Govt will launch Pradhan Mantri Matsya Sampada Yojana for development of marine and inland fisheries. Rs 20,000 crore will be spent to fill the gaps in value chains. This will lead to an additional fish production of 70 lakh tons in next five years and provide employment to 55 lakh people.
4. Rs 13,343 crore for vaccination of livestock in India to eradicate foot and mouth disease.
5. Rs 15,000 crore will be spent on ramping up the dairy infrastructure. Also, investments will be made in cattle feed.
6. Rs 4,000 crore for growing of herbal and medicinal plants. Ten lakh hectares of land will be used for growing medicinal and herbal plants and will provide income of nearly Rs 5,000 crore for farmers.
7. Rs 500 crore have been allocated for beekeeping. This will help 2 lakh beekeepers.
8. TOP to TOTAL: Rs 500 crore for Operation Greens that will be extended beyond tomatoes, potatoes and onion and will applicable to all vegetables.
Dairy industry was under severe difficulty. Around 560 lakh litres of milk per day was procured by Co-operatives. Rs 5,000 cr additional liquidity has been transferred to dairy farmers. A total of 111 crore litres of milk was procured.
New scheme utilised for interest subvention for 2% for dairy farmers. Additional 2% for prompt service.
#RestartingIndia | RS Sodhi (@Rssamul) of Amul says the announcements made by FM @nsitharaman today will encourage lakhs of jobs in dairy sector & rural area #IndiaFightsCorona #OnCNBCTV18 pic.twitter.com/XgYVkjvOOC
— CNBC-TV18 (@CNBCTV18Live) May 15, 2020
#RestartingIndia | DFS Secretary says National Bank for Agriculture and Rural Development (@NABARDOnline) will raise the 1 lakh cr Infra Fund for farmers
— CNBC-TV18 (@CNBCTV18Live) May 15, 2020
#RestartingIndia | FM @nsitharaman says A Central Law will be formulated to provide adequate choices to farmers#Coronavirus #IndiaFightsCoronavirus pic.twitter.com/t4Z7nX0sJI
— CNBC-TV18 (@CNBCTV18Live) May 15, 2020