Finance Minister Nirmala Sitharaman was once again met the media. During this, Sitharaman will give information related to the economic package. The first two days he made several announcements focused on MSMEs and migrant labourers.
Finance Minister Nirmala Sitharaman said that today’s announcements will focus on agriculture and related activities.
Finance Minister Nirmala Sitharaman said that for self-reliant India, PM had mentioned supply chain and technology reforms. The farmers of India have always shown their ability in adverse conditions. India is the number one producer of milk, jute. Sugarcane is the second-largest producer of many products including cotton.
First Announcement Stores Supply.
- Finance Minister Nirmala Sitharaman said that due to lack of storage, farmers face problems.
- One lakh crore rupees has been provided for agricultural infrastructure. This will create cold storage etc.
Local for Vocal: PM Modi program to boost local Productions.
Finance Minister Nirmala Sitharaman said that the government has started a plan of Rs 10,000 crore for Micro Food Enterprises (MFE). This scheme will strengthen the PM’s ‘Vocal for Local’ campaign.
- Finance Minister Nirmala Sitharaman said that the government has started the scheme of Rs 20,000 crore Pradhan Mantri Sampada Yojanato promote marine and inland fisheries.
- 55 lakh people are expected to get employment from this scheme.
Nirmala Sitharaman said that Rs 15,000 crore animal husbandry infrastructure expansion fund will be started. This will help people connected with animal husbandry.
Finance Minister Nirmala Sitharaman said that 500 crore rupees will be spent on beekeeping. This will help more than two lakh beekeepers.
Change in essential commodities act 1955
- Nirmala Sitharaman said that the Essential Commodities Act, 1955 is being changed. This will help the tenants. Farmers producing tomatoes, spuds and onions will avail from this.
- Finance Minister Nirmala Sitharaman said that the Essential Commodities Act 1955 is being amended. The stock limit for potato, onion, food grains, edible oil, oilseeds, pulses etc. is being removed. However, limits can be set for this in special disaster situations.
- Finance Minister Nirmala Sitharaman said that the scheme implemented for tomatoes, potatoes and onions will be implemented for all fruits and vegetables.
- Under this, 50 per cent subsidy will be given for cold storage and transportation to be sent from excess areas to deficient areas.