New Delhi: Finance Minister Nirmala Sitharaman on Saturday will announce the 4th tranche of economic package at 4 PM.
Announcements made in 3nd tranche of economic package
- Rs 1 lakh crore Agri Infrastructure Fund for farm-gate infra
- Rs 10,000 crore scheme for formalisation of Micro Food Enterprises (MFE)
- To provide Rs 20,000 crore to fishermen under PM Matsya Sampada Yojana
- To set up Rs 15,000 crore Animal Husbandry Infrastructure Development Fund
- Rs 4,000 crore outlay for promoting herbal and medicinal plant cultivation
- Rs 500 crore for promotion of beekeeping initiatives
- 3 major governance and administrative reforms for agriculture sector
- Proposed amendment to the Essential Commodities Act to enable better price realisation for farmers
- To enact Central Agricultural Produce Market Committee law
- To provide legal framework for agriculture produce price and quality assurance
Announcements made in 2nd tranche of economic package
- The announcements made included free foodgrain for migrants for the next two months, introduction of 'One Nation, One Ration Card by March 2021.
- For street vendors, a liquidity provision of Rs 5,000 crore to provide credit facility to 50 lakh street vendors.
- For the lower-middle-income group with an annual income of Rs 6 lakh to 18 lakh, a credit-linked subsidy scheme was introduced in May 2017 which was to last till March 31, 2020. This has been extended to March 31, 2021.