Third Tranche Of Economic Package

Finance Minister Nirmala Sitharaman announced Sops and reforms for farmers in third tranche of government aid. The eleven measures announced today dealt with upgrading farm infrastructure, animal husbandry & fisheries and governance reforms. Key Takeaways
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BY Realty Plus
Published - Thursday, 21 May, 2020

Finance Minister Nirmala Sitharaman announced Sops and reforms for farmers in third tranche of government aid. The eleven measures announced today dealt with upgrading farm infrastructure, animal husbandry & fisheries and governance reforms. Key Takeaways

Rs 74,300 crore of purchases based on MSP happened during lockdown.
Rs 18,700 crore transferred to farmers under PM Kisan.
Under Fasal Bima Yojana, Rs 6,400 cr claims processed
Rs 5,000 cr additional liquidity has been transferred to dairy farmers.
Rs 10,000 crore fund for micro food scheme will be executed with cluster-based approach. Will benefit 2 lakh Micro Food Enterprises.
One lakh crore fund for strengthening the farm gate infrastructure like cold chains, post harvest storage infrastructures etc.
Rs 4,000 crore for growing of herbal and medicinal plants. Ten lakh hectares of land will be used for growing medicinal and herbal plants and will provide income of nearly Rs 5,000 crore for farmers.
Rs 15,000 crore will be spent on ramping up the dairy infrastructure. Also, investments will be made in cattle feed.