FM Announced Special Relief And Credit Support to Agriculture, Hospitality & Tourism

• 8 relating to strengthening infrastructure, capacity, logistics

• 3 relate to governance and administrative reforms

• Minimum Support Price purchases worth 74,300 crores has taken place during lockdown

• Rs 18,700 transferred to farmers under PM KISAN

• Rs 6,400 crores released under PM Fasal Bima Yojana

• New scheme for interest subvention of 2%/ annum for dairy cooperatives

• Additional 2% interest subvention on prompt payment/ interest servicing

• For aggregators, FPOs, primary agriculture societies for strengthening farm gate infrastructure

• For cold chains and post harvest infrastructure

• Specially for private and startups

• ₹ 1 lakh crore fund being created for Farmer Producer Organizations, aggregators, primary agriculture cooperative societies for strengthening farm-gate infrastructure such as cold chains, post harvest management infrastructure.

• Fund of Rs 10,000 crores to be made

• Cluster-based approach to scheme depending on location

• 2 lakh enterprises will benefit

• For locally-made products to reach global markets

• Focus on women, SCs/STs and aspirational areas

• New scheme has been launched for interest subvention @ 2% per annum to dairy cooperatives for 2020-21 aimed at unlocking Rs 5000 crores additional liquidity, benefitting 2 crore farmers

• Milk was being thrown on streets, since consumers were unable to buy it during lockdown, during this time, 560 lakh litres/day was procured by cooperatives, extra 111 crore litres bought, farmers got paid ₹ 4,100 crore

• To help Fisheries sector, operations of Marine Capture Fisheries and Aquaculture has been relaxed to cover Inland Fisheries

• Registration of 242 shrimp hatcheries and rearing hatcheries has been extended for 3 months, operation of marine capture fisheries and aquaculture has been relaxed to cover inland fisheries

• All #COVID19 related deadline extensions relating to fisheries activities, many of them involving overseas contracts, have been honoured. Very many measures which will help marine and coastal farmers have been undertaken as promised

• Rs 20,000 crore fund to be created to address critical gaps in fisheries value chain

• For integrated, sustainable, inclusive development of marine and inland fisheries

• Plug critical gaps in fisheries value chain;

• Provide employment to over 55 lakh persons

• Double exports to Rs 1 lakh crore

• Rs 4,000 crore to be allocated

• Up to 10 lakh hectare to be brought under herbal cultivation

• To generate Rs 5,000 crore income for farmers

• 800 hectares along Ganga for growing herbal and medicinal plants

• Rs 500 crores for bee keeping initiatives to benefit 2 lakh keepers

• Production of wax to be encouraged

• To promote Herbal Cultivation in India Government commits Rs 4000 crore;

• move aims to cover 10 lakh hectare under herbal cultivation in 2 years; corridor of medicinal plants to come up across banks of Ganga

• Additional Rs 500 crores for supply chains disrupted by lockdown

• Includes all perishable items

• 50% subsidy on transport

• 50% subsidy on storage

• Pilot for 6 months

• Will be extended once pilot is cleared

• To tackle abundance of crops

• Cereals, edible oils, oil seeds, potato and onion to be deregulated

• No stock limit shall apply for storage

• To enable better price realisation for farmers;

• Agriculture food stuffs including cereals,

• Central law to provide farmers choice to sell at attractive prices

• Inter-state trade to be made barrier-free

• E-trade of produce should be facilitated

• Legal framework to help farmers to fix their own price

• Assured price return quantity for farmers prior to sowing

• To increase availability on farming technology and selling opportunities