TOP Scheme -
Key takeaways: Eleven measures to help Indian Farmers
Key takeaways: Focus on fisheries and food processing
18:25 May 15
17:10 May 15
Reformation of Agricultural Produce Market Committee Act
Reformation of Agricultural Produce Market Committee Act
Finance minister also rejects the apprehension that the schemes announced by the government may not be implemented at the ground level due to bureaucracy and corruption.
Nirmala Sitharaman said that most of the measures announced by her are aimed at improving the infrastructure at the ground level. In response to a question, she also clarifies that the
the government says that reform of APMC Act through a central law will be a major reform and it will enable farmers to sell wherever they want to. It also clarifies that there will be no legal hurdles as the Centre is competent to frame laws for inter-state trade.
17:09 May 15
barrier-free interstate trade and framework for e-trading of agricultural produce
A central law will be formulated to provide adequate choices to the farmers to sell produce at an attractive price, barrier-free interstate trade and framework for e-trading of agricultural produce: FM
17:05 May 15
Major Reform For Marketing Reforms
Government will amend Essential Commodities Act,1955 to ensure better prices for farmers. Finance minister says the EC Act of 1955 was created in the situation of scarcity and now the government will deregulate the trade of cereals, edible oils, oilseeds, pulses, onions and potatoes and stock limits will only be imposed in exceptional situations such as national calamities.
Processing industries will also be exempt from the stock limit.
17:02 May 15
Major Reform For Marketing Activities
Government will enact a central law to remove inter-state trade barriers on farmers. The government says that under the existing Agriculture Produce Marketing Act (APMCs), farmer are bound to sell only to licenses which is not there in case of industrial producers.
16:58 May 15
s 500 crores to promote honey-bee keeping activities
The government will provide Rs 500 crores to promote honey-bee keeping activities. Finance minister says there is a worldwide concern over disappearing bees that have also impacted crop patterns as sufficient pollination has not been taking place.
The government will support 2 lakh bee keepers and it will also help in reducing the import of bee wax.
16:49 May 15
The government will provide Rs 500 crores to promote honey-bee keeping activities
16:39 May 15
13,343 crore under national animal disease control programme
National animal disease control programme
Government allocates Rs 13,343 crore under national animal disease control programme. The money will be spent to ensure 100% vaccination of the country’s livestock, particularly cattle, buffalo, sheep, goat and pigs.
It will be used to vaccinate the livestock against Foot and Mouth Disease (FMD).
Finance minister informed that during the lockdown period 1.5 crore cows and buffaloes have already been tagged and vaccinated during the lockdown period.
The government will spend Rs 15,000 crores on development of animal husbandry related infrastructure. The Animal Husbandry Infrastructure Development (AHIDF) has been established.
The government plans to rope in private sector in augmenting the infrastructure in the sector. It will also be used in developing the infrastructure for the processing of milk and cattle feed infrastructure .
Promotion of Herbal Cultivation
Govt has allocated Rs 4,000 crore for herbal cultivation; 10 lakh hectare will be covered under Herbal cultivation in next two years with outlay of Rs 4,000 crore. FM announced 500 cr for beekeping which will benefit two lakh beekeepers.
16:34 May 15
10,000 crores for micro agro industries
The government will create a fund of Rs 10,000 crores for micro agro industries. The fund will be used in formalisation of Micro Fund Enterprises (MFEs).
This scheme is part of Prime Minister Narendra Modi’s announcement of going ‘Vocal for Local with Global outreach’.
The scheme will help 2 lakh entrepreneurs in branding and promotion. The special encouragement will be given to women, SC-STs and other sections.
Finance minister says Bihar can aim to develop a cluster for Makhana (Lotus seeds), Kashmir can aim to develop Jaffaron while Karnataka can have Ragi cluster, Telangana can have a turmeric cluster.
16:32 May 15
Nirmala Sitharaman announced several measures taken for helping shrimp farming. Relaxation rules, storage and procurement facilities will be provided
20,000 crores allocated to Pradhan Mantri Matsya Sampada Yojana
Rs 20,000 crores allocated to Pradhan Mantri Matsya Sampada Yojana (PMSSY) for the welfare of fishermen under. While Rs 11,000 crores will be given for marine, inland fisheries and aquaculture activities, rest Rs 9,000 crores will be spent in developing infrastructure such as fishing harbours, cold chain and market.
It will lead to additional production 70 lakh tonnes of fish production over the next five years.
16:27 May 15
Government will provide Rs 1 lakh crore for aggregators, Farmers Produce Organisation (FPOs), agro entrepreneurs, startups for strengthening the farm gate infrastructure.
The money will go into creating agriculture and supply chain infrastructures such as cold chain, post harvest management facilities, the government says it will also help in value addition of farm produce and it will also help in increasing the agriculture export in future.
16:23 May 15
One lakh crore for agri infrastructure
1 lakh crore for aggregators
FM announced Rs 1 lakh crore Agri Infrastructure Fund for farm-gate infrastructure for farmers.
16:21 May 15
During the lockdown the demand for milk reduced by 20-25%.In order to alleviate the farmers’ difficulties, Cooperatives procured 560 lakh litres per day (LLPD) in the last two months, against the pre-lockdown procurement of 360 lakh litres per day (LLPD). It resulted in providing additional liquidity of Rs 5,000 crores to 2 crore farmers.Total procurement by Cooperatives stand at 111 crore litres of milk during this period.
16:16 May 15
Minimum Support Price purchases of Rs 74,300 crore
During lockdown period Minimum Support Price purchases of amount more than Rs 74,300 crores; PM Kisan fund transfer of Rs 18700 cr: FM Nirmala Sitharaman on additional steps for agriculture during COVID19
15:39 May 15
Key takeaways: Eleven measures to help Indian Farmers
In her third round of announcement, Finance Minister Nirmala Sitharaman made a presentation on the measures taken by the Government during the lockdown period to support the agriculture.
Finance minister announced a total 11 measures today, which includes 8 measures on infrastructure, logistics, supply chain while remaining 3 of the total 11 measures will focus on government and administrative reforms.
18:25 May 15
TOP Scheme -
Tomatoes, Onions and Potatoes made TOTAL Scheme by including All fruits and vegetables. Govt allocates Rs 500 crores for this.
17:10 May 15
Reformation of Agricultural Produce Market Committee Act
Reformation of Agricultural Produce Market Committee Act
Finance minister also rejects the apprehension that the schemes announced by the government may not be implemented at the ground level due to bureaucracy and corruption.
Nirmala Sitharaman said that most of the measures announced by her are aimed at improving the infrastructure at the ground level. In response to a question, she also clarifies that the
the government says that reform of APMC Act through a central law will be a major reform and it will enable farmers to sell wherever they want to. It also clarifies that there will be no legal hurdles as the Centre is competent to frame laws for inter-state trade.
17:09 May 15
barrier-free interstate trade and framework for e-trading of agricultural produce
A central law will be formulated to provide adequate choices to the farmers to sell produce at an attractive price, barrier-free interstate trade and framework for e-trading of agricultural produce: FM
17:05 May 15
Major Reform For Marketing Reforms
Government will amend Essential Commodities Act,1955 to ensure better prices for farmers. Finance minister says the EC Act of 1955 was created in the situation of scarcity and now the government will deregulate the trade of cereals, edible oils, oilseeds, pulses, onions and potatoes and stock limits will only be imposed in exceptional situations such as national calamities.
Processing industries will also be exempt from the stock limit.
17:02 May 15
Major Reform For Marketing Activities
Government will enact a central law to remove inter-state trade barriers on farmers. The government says that under the existing Agriculture Produce Marketing Act (APMCs), farmer are bound to sell only to licenses which is not there in case of industrial producers.
16:58 May 15
s 500 crores to promote honey-bee keeping activities
The government will provide Rs 500 crores to promote honey-bee keeping activities. Finance minister says there is a worldwide concern over disappearing bees that have also impacted crop patterns as sufficient pollination has not been taking place.
The government will support 2 lakh bee keepers and it will also help in reducing the import of bee wax.
16:49 May 15
The government will provide Rs 500 crores to promote honey-bee keeping activities
16:39 May 15
13,343 crore under national animal disease control programme
National animal disease control programme
Government allocates Rs 13,343 crore under national animal disease control programme. The money will be spent to ensure 100% vaccination of the country’s livestock, particularly cattle, buffalo, sheep, goat and pigs.
It will be used to vaccinate the livestock against Foot and Mouth Disease (FMD).
Finance minister informed that during the lockdown period 1.5 crore cows and buffaloes have already been tagged and vaccinated during the lockdown period.
The government will spend Rs 15,000 crores on development of animal husbandry related infrastructure. The Animal Husbandry Infrastructure Development (AHIDF) has been established.
The government plans to rope in private sector in augmenting the infrastructure in the sector. It will also be used in developing the infrastructure for the processing of milk and cattle feed infrastructure .
Promotion of Herbal Cultivation
Govt has allocated Rs 4,000 crore for herbal cultivation; 10 lakh hectare will be covered under Herbal cultivation in next two years with outlay of Rs 4,000 crore. FM announced 500 cr for beekeping which will benefit two lakh beekeepers.
16:34 May 15
10,000 crores for micro agro industries
The government will create a fund of Rs 10,000 crores for micro agro industries. The fund will be used in formalisation of Micro Fund Enterprises (MFEs).
This scheme is part of Prime Minister Narendra Modi’s announcement of going ‘Vocal for Local with Global outreach’.
The scheme will help 2 lakh entrepreneurs in branding and promotion. The special encouragement will be given to women, SC-STs and other sections.
Finance minister says Bihar can aim to develop a cluster for Makhana (Lotus seeds), Kashmir can aim to develop Jaffaron while Karnataka can have Ragi cluster, Telangana can have a turmeric cluster.
16:32 May 15
Nirmala Sitharaman announced several measures taken for helping shrimp farming. Relaxation rules, storage and procurement facilities will be provided
20,000 crores allocated to Pradhan Mantri Matsya Sampada Yojana
Rs 20,000 crores allocated to Pradhan Mantri Matsya Sampada Yojana (PMSSY) for the welfare of fishermen under. While Rs 11,000 crores will be given for marine, inland fisheries and aquaculture activities, rest Rs 9,000 crores will be spent in developing infrastructure such as fishing harbours, cold chain and market.
It will lead to additional production 70 lakh tonnes of fish production over the next five years.
16:27 May 15
Government will provide Rs 1 lakh crore for aggregators, Farmers Produce Organisation (FPOs), agro entrepreneurs, startups for strengthening the farm gate infrastructure.
The money will go into creating agriculture and supply chain infrastructures such as cold chain, post harvest management facilities, the government says it will also help in value addition of farm produce and it will also help in increasing the agriculture export in future.
16:23 May 15
One lakh crore for agri infrastructure
1 lakh crore for aggregators
FM announced Rs 1 lakh crore Agri Infrastructure Fund for farm-gate infrastructure for farmers.
16:21 May 15
During the lockdown the demand for milk reduced by 20-25%.In order to alleviate the farmers’ difficulties, Cooperatives procured 560 lakh litres per day (LLPD) in the last two months, against the pre-lockdown procurement of 360 lakh litres per day (LLPD). It resulted in providing additional liquidity of Rs 5,000 crores to 2 crore farmers.Total procurement by Cooperatives stand at 111 crore litres of milk during this period.
16:16 May 15
Minimum Support Price purchases of Rs 74,300 crore
During lockdown period Minimum Support Price purchases of amount more than Rs 74,300 crores; PM Kisan fund transfer of Rs 18700 cr: FM Nirmala Sitharaman on additional steps for agriculture during COVID19
15:39 May 15
Key takeaways: Eleven measures to help Indian Farmers
In her third round of announcement, Finance Minister Nirmala Sitharaman made a presentation on the measures taken by the Government during the lockdown period to support the agriculture.
Finance minister announced a total 11 measures today, which includes 8 measures on infrastructure, logistics, supply chain while remaining 3 of the total 11 measures will focus on government and administrative reforms.
Last Updated : May 15, 2020, 6:52 PM IST
