The Finance Ministry today released the third installment of the economic package at a press conference. Finance Minister Nirmala Sitharaman's focus was mainly on animal husbandry and fisheries. For these sections, he has announced many reliefs. He said today's announcements are about agriculture and its related activities. The population of India is dependent on agriculture. The welfare of farmers is being worked out, and several steps have been taken in the last 5-6 years. What is the big announcement that the finance minister has read?
74,300 crore has been spent on the purchase of crops at MSP during the lockdown. Like PM Kisan Fund, Rs. 18,700 crore has been put into farmer's accounts in the last two months.
The demand for milk decreased by 20-25 percent during the lockdown. Instead of 360 lakh liters per day, we bought 560 lakh liters of milk. The scheme benefited the farmers. They were given a two percent grant. Two crore farmers have got a benefit of Rs. 5,000 crore under interest subsidy.
All the four announcements of COVID-19 were implemented in the field of fisheries. In two months, 242 new shrimp hatchery (the genesis of fish eggs) was allowed.
A scheme of one lakh crore rupees is being brought in for agricultural infrastructure. Cold storage will be created, which will increase storage capacity. Farmer's incomes will also increase. It will benefit the farmer's associations, entrepreneurs, and start-ups.
Plan to help two lakh micro-units. Technology will be benefited from improvement and marketing. A scheme of Rs. 10,000 crores are being brought for this. This will enhance employment and income. There is a plan to enhance technology and branding through clusters. The way Bihar is in, it is common in UP, Ragi in Karnataka, turmeric in Telangana, saffron in Kashmir, bamboo, and herbal products in North East, they will be promoted under the global policy from local.
A scheme of 20,000 crore rupees is being brought to fishermen under Pradhan Mantri Fisher Sampada Yojana. Eleven thousand crore rupees will be given for marine, inland fisheries, and aquaculture. 9,000 will be done for the development of its infrastructure. The scheme will provide employment to 55 lakh people.
Scheme for vaccination of 53 crore cattle. A scheme of Rs. 13,343 crore has been brought in to deal with foot and mouth in cattle. Under this, 100% vaccination of 53 crore cows, buffaloes, pigs, goats, sheep will be carried out. So far, 1.5 crore cows and buffaloes have been vaccinated.
15,000 crore rupees will be provided for animal husbandry and dairy infrastructure. The milk processing unit will be installed under this.
Rs. 4,000 crore plan for herbal production. It will be cultivated in 10 lakh hectares, i.e., 2.5 lakh acres. This will benefit the farmers by Rs. 5000 crores. The National Medicinal Plants Board has given 2.25 lakh hectares of land for the same.
500 crore will be given at the top of the total scheme. Due to not being a supply chain, the farmer is not able to sell his crop in the market. Earlier, the scheme was applicable for tomato, potato, onion. Now, the scheme is also being implemented on the remaining vegetables for six months. The scheme will benefit the farmers from the food which was damaged, or the farmer had to sell at a lower price. 50 percent subsidy on freight and 50 percent subsidy on storage.
The Essential Commodities Act will be amended so that the farmers get a better price for their produce. The Act was enacted in 1955. There will be no stock limit in food processing after revision. This change will increase the income of the farmers. Products like oilseeds, pulses, the potato will be made irregular. The stock rules will be enforced during the national calamity.
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