After the announcement of PM Modi’s economic package, Finance Minister Nirmala Sitharaman made several big announcements on Friday for the third consecutive press conference.
11 big announcements
On the third day, the entire focus of Nirmala Sitharaman was on the farmers. The finance minister made 11 big announcements, including eight involving farmers, while dealing with the media. There are 3 Governance and Reform.
fixed income, risk-free farming and standardization of quality
A law will be enacted for the farmers’ fixed income, risk-free farming and standardization of quality. This will prevent harassment of farmers and improve the lives of farmers. They will be able to work with exporters and big businessmen.
attractive prices
A central law will come in which farmers can sell their produce at attractive prices to other states as well. Right now it can be sold only to the licensee. If he can sell it to anyone, he will get the price he wants. We will give him such facility.
big step for farmers
The law which was made in 1955 for essential commodities is being changed. This will increase the possibility of increasing the income of farmers. The Essential Commodities Act will be amended. Products like oilseeds, pulses, potatoes, etc. will be de-regulated in this, so that farmers can get benefit. They will do whatever is required for the agricultural sector. This will be a big step for farmers to get fair prices.
infrastructure for beekeeping
Finance Minister said that Rs 500 crore assistance for bee keeping. This will create infrastructure for beekeeping. This will increase the income of 2 lakh parents.
Herbal products
The Finance Minister said that Rs 4,000 crore will be given to boost the production of herbal plants. There is a global demand for these plants. Herbal products will be cultivated in about 10 lakh hectares. 5,000 crores will be income from this farmers. The corridor will be built on 800 hectares of land along the Ganga for herbal products.
Animal Husbandry Infrastructure Development Fund
The Finance Minister said that a provision of Rs 15,000 crore has been made in the Animal Husbandry Infrastructure Development Fund. Expenditure will be incurred for milk production, value addition. The Finance Minister said that we have brought a plan for vaccination of 53 crore animals. It will cost around Rs 13,343 crore.
Matsya Sampada Yojana
The Finance Minister said that the Prime Minister Matsya Sampada Yojana of 20 thousand crores, which was announced in the budget, is being implemented immediately due to Corona. This will include Rs 9,000 crore for marine and inland fisheries and development of infrastructure development. The fishermen will be given new boats, employing 55 lakh people. With this, India’s exports will double to Rs 1 lakh crore. In the next 5 years, 70 million tonnes of additional fish production will be done.
micro food enterprises
The Finance Minister said that a scheme of Rs 10,000 crore has been brought for micro food enterprise. Giving examples, Nirmala Sitharaman said that clusters of makhana in Bihar, ragi in Kerala, saffron in Kashmir, chilli in Andhra Pradesh, mango clusters in UP can be formed. About 2 lakh micro food enterprises will benefit from this. According to Finance Minister Nirmala Sitharaman, a plan of 1 lakh crore was brought to create the basic infrastructure of agriculture.
PM Crop Insurance Scheme
According to Finance Minister Nirmala Sitharaman, 18,700 crore has been transferred to PM Kisan Fund during the lockdown. A claim payment of 6,400 crore was made under the PM Crop Insurance Scheme. During the lockdown, farmers have benefited from additional liquidity of 5000 crores.
small and medium farmers
Finance Minister Nirmala Sitharaman said that the farmers kept working even during the lockdown, small and medium farmers own 85 percent of the farm.
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