Finance Minister announces measures to strengthen Agriculture Infrastructure Logistics, Capacity Building, Governance and Administrative Reforms for Agriculture, Fisheries and Food Processing Sectors
• Rs 1 lakh croreAgri Infrastructure Fund for farm-gate infrastructure for farmers • Rs 10,000 crore scheme for formalisation of Micro Food Enterprises (MFE) • Rs 20,000 crore for Fishermen through Pradhan Mantri Matsya Sampada Yojana (PMMSY) • National Animal Disease Control Programme • Setting up of Animal Husbandry Infrastructure Development Fund - Rs. 15,000 crore • Promotion of Herbal Cultivation : outlay of Rs 4,000 crore • Beekeeping initiatives –Rs 500 crore • From ‘TOP’ to TOTAL – Rs 500 crore • Measuresfor Governance and Administrative Reforms for Agriculture Sector o Amendments to Essential Commodities Act to enable better price realisation for farmers o Agriculture Marketing Reforms to provide marketing choices to farmers o Agr
Hon’ble Prime Minister Shri Narendra Modi announced a Special economic and comprehensive package of Rs 20 lakh crore - equivalent to 10% of India’s GDP on 12th May 2020. He gave a clarion call for आत्मनिर्भर भारत अभियान or Self-Reliant India Movement. He also outlined five pillars of Atmanirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand.
Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman today in her press conference announced the 3rd Tranche of measures to strengthen Infrastructure Logistics, Capacity Building, Governance and Administrative Reforms for Agriculture, Fisheries and Food Processing Sectors.
Giving details, Smt. Sitharaman said that out of these 11 measures, 8 measures are for improving agricultural infrastructure and 3 measures are for administrative and governance reforms, including removing restrictions on sale and stock limits of farm produce.
In her opening remarks, the Union Finance Minister said that two significant Agriculture-related measures were also announced yesterday to support farmers, Rs 30,000 crore as Additional Emergency Working Capital facility through NABARD to enable RRBs and Cooperative Banks extending farm loans for Rabi post-harvest and Kharif expenses. And second was a mission-mode drive to enable Rs 2 lakh crore credit boost to the farm sector by covering 2.5 crore PM-KISAN beneficiaries under Kisan Credit Card Scheme by December 2020.
Outlining what the Government has done over the last 2 months, the Finance Minister said that during lockdown period Minimum Support Price (MSP) purchases of amount more than Rs 74,300 crore, PM KISAN fund Transfer of Rs 18,700 crore and PM Fasal Bima Yojana claim payment of Rs 6,400 crore have been made.
Further, during Lockdown, Demand of Milk reduced by 20-25%. Accordingly, 560 Lakh litre per day (LLPD) were procured by cooperatives against daily sale of 360 LLPD. Total 111 crore litres of milk extra procured ensuring payment of Rs 4,100 crore.
Further, a new scheme to provide interest subvention @2% per annum to dairy cooperatives for 2020-21 has been launched, also providing additional 2% p.a interest subvention on prompt payment/interest servicing. This scheme will unlock Rs 5,000 crore additional liquidity, benefitting 2 crore farmers.
For fisheries Sector, all 4 COVID related announcements made on 24th March for fisheries have been implemented. Further, Registration of 242 Registered Shrimp hatcheries and Nauplii Rearing Hatcheries expiring on 31.03.2020 extended for 3 months and Operations of Marine Capture Fisheries and Aquaculture relaxed to cover Inland Fisheries.
Smt. Sitharaman said that the announcements made today will provide long-term and sustained impact on lives of farmers, fishermen, food processing micro enterprises.
The Finance Minister announced the following measures to strengthen Infrastructure Logistics and Capacity Building for Agriculture, Fisheries and Food Processing Sectors: —
- Rs 1 lakh crore Agri Infrastructure Fund for farm-gate infrastructure for farmers
Financing facility of Rs. 1,00,000 crore will be provided for funding Agriculture Infrastructure Projects at farm-gate & aggregation points (Primary Agricultural Cooperative Societies, Farmers Producer Organizations, Agriculture entrepreneurs, Start-ups, etc.).Impetus for development of farm-gate & aggregation point, affordable and financially viable Post Harvest Management infrastructure. Fund will be created immediately.
- Rs 10,000 crore scheme for Formalisation of Micro Food Enterprises (MFE)
A Scheme promoting vision of Prime Minister Shri Narendra Modi: ‘Vocal for Local with Global outreach’ will be launched to help 2 lakh MFEs who need technical upgradation to attain FSSAI food standards, build brands and marketing. Existing micro food enterprises, Farmer Producer Organisations, Self Help Groups and Cooperatives to be supported. The focus will be on women and SC/ST owned units and those in Aspirational districts and a Cluster based approach (e.g. Mango in UP, Tomato in Karnataka, Chilli in Andhra Pradesh, Orange in Maharashtra etc.) will be followed.
- Rs 20,000 crore for fisherman through Pradhan Mantri Matsya Sampada Yojana (PMMSY)
The Government will launch the PMMSY for integrated, sustainable, inclusive development of marine and inland fisheries. Rs 11,000 crore for activities in Marine, Inland fisheries and Aquaculture and Rs. 9000 crore for Infrastructure - Fishing Harbours, Cold chain, Markets etc shall be provided. Cage Culture, Seaweed farming, Ornamental Fisheries as well as New Fishing Vessels, Traceability, Laboratory Network etc. will be key activities. There will be provisions of Ban Period Support to fishermen (during the period fishing is not permitted), Personal & Boat Insurance.This will lead to Additional Fish Production of 70 lakh tones over 5 years, Employment to over 55 lakh persons and double the exports to Rs 1,00,000 crore. The focus will be on Islands, Himalayan States, North-east and Aspirational Districts.
- National Animal Disease Control Programme
National Animal Disease Control Programme for Foot and Mouth Disease (FMD) and Brucellosis launched with total outlay of Rs. 13,343 crore to ensure 100% vaccination of cattle, buffalo, sheep, goat and pig population (total 53 crore animals) for Foot and Mouth Disease (FMD) and for brucellosis. Till date, 1.5 crore cows & buffaloes tagged and vaccinated.
- Animal Husbandry Infrastructure Development Fund - Rs. 15,000 crore
An Animal Husbandry Infrastructure Development Fund of Rs. 15,000 crore will be set up, with an aim to support private investment in Dairy Processing, value addition and cattle feed infrastructure. Incentives will be given for establishing plants for export of niche products.
- Promotion of Herbal Cultivation: Outlay of Rs. 4,000 crore
The National Medicinal Plants Board (NMPB) has supported 2.25 lakh hectare area under cultivation of medicinal plants. 10,00,000 hectare will be covered under Herbal cultivation in next two years with outlay of Rs. 4,000 crore. This will lead to Rs. 5,000 crore income generation for farmers. There will be network of regional Mandis for Medicinal Plants. NMPB will bring 800-hectare area by developing a corridor of medicinal plants along the banks of Ganga.
- Beekeeping initiatives – Rs 500 crore
Government will implement a scheme for:
- Infrastructure development related to Integrated Beekeeping Development Centres, Collection, Marketing and Storage Centres, Post Harvest & value Addition facilities etc;
- Implementation of standards & Developing traceability system
- Capacity building with thrust on women;
- Development of quality nucleus stock and bee breeders.
This will lead to increase in income for 2 lakh beekeepers and quality honey to consumers.
- From ‘TOP’ to TOTAL - Rs 500 crore
“Operation Greens” run by Ministry of Food Processing Industries (MOFPI) will be extended from tomatoes, onion and potatoes to ALL fruit and vegetables. The Scheme would provide 50% subsidy on transportation from surplus to deficient markets, 50% subsidy on storage, including cold storages and will be launched as pilot for the next 6 months and will be extended and expanded.This will lead to better price realisation to farmers, reduced wastages, affordability of products for consumers.
During the press conference, the Union Finance Minister also announced following measures for Governance and Administrative Reforms for Agriculture Sector:-
- Amendments to Essential Commodities Act to enable better price realisation for farmers
The Government will amend Essential Commodities Act. Agriculture food stuffs including cereals, edible oils, oilseeds, pulses, onions and potato shall be deregulated. Stock limit will be imposed under very exceptional circumstances like national calamities, famine with surge in prices. Further, No such stock limit shall apply to processors or value chain participant, subject to their installed capacity or to any exporter subject to the export demand.
- Agriculture Marketing Reforms to provide marketing choices to farmers
A Central law will be formulated to provide -
- adequate choices to the farmer to sell their produce at remunerative price;
- barrier free Inter-State Trade;
- a framework for e-trading of agriculture produce.
- Agriculture Produce Pricing and Quality Assurance:
The Government will finalise a facilitative legal framework to enable farmers to engage with processors, aggregators, large retailers, exporters etc. in a fair and transparent manner. Risk mitigation for farmers, assured returns and quality standardisation shall form integral part of the framework.
if you have any information regarding Job, Study Material or any other information related to career. you can Post your article on our website. Click here to Register
& Share your contents.
For Advertisment or any query email us at email@example.com
1. Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland
Certain reports have appeared in the media on 18.06.2021 stating that funds of Indians in Swiss Banks have risen to over Rs 20,700 crore (CHF 2.55 billion) at the end of 2020 from Rs 6,625 crore (CHF 899 million) at the end of 2019, reversing a 2 year declining trend. It has also been stated that this is also the highest figure of deposits in the last 13 years.
Media reports allude to the fact that the figures reported are official figures reported by banks to Swiss National Bank (SNB)
2. International Day of Yoga 2021: Prime Minister’s address to be the highlight of televised lead event on 21st June 2021
In view of the COVID-19 pandemic and the consequent restrictions in congregational activities, the lead event of the International Day of Yoga (IDY) 2021 will be a televised programme, with the Prime Minister’s address being the highlight. Scheduled to start at 6.30 AM on all Doordarshan channels, the event will also include an address byMinister of State for Ayush Shri Kiren Rijiju and a live Yoga demonstration by the Morarji Desai National Institute of Yoga.
The seventh International Da
4. Prime Minister Shri Narendra Modi to inaugurate the Atal Tunnel
Prime Minister Shri Narendra Modi shall inaugurate Atal Tunnel, Rohtang at 10 AM on 3rd October 2020.
Atal Tunnel is the longest highway tunnel in the World. The 9.02 Km long tunnel connects Manali to Lahaul-Spiti valley throughout the year. Earlier the valley was cut off for about 6 months each year owing to heavy snowfall.
The Tunnel is built with ultra-modern specifications in the Pir Panjal range of Himalayas at an altitude of 3000 Mtrs (10,000 Feet) from the Mean Sea Level (MSL).
5. Rs 2.11 Crore contributed to PM CARES Fund by BVP through Union Minister Dr. Jitendra Singh
An amount of Rs. 2.11 crore was contributed to PM Cares Fund through Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh by Bharat Vikas Parishad (BVP), a non-profit making social organization.
While acknowledging the contribution, Dr Jitendra Singh said, Prime Minister Narendra Modi enjoys a very high degree of faith, trust and credibility among the
7. CSIR-CMERI develops Sustainable Municipal Solid Waste Processing Facility
The changing ecological scenarios requires special attention to address the issue of ‘Sustainable Processing of Municipal Solid Waste’. This is not only a necessary component of converting waste into useful end products but also to maintain a cleaner environment and to safeguard contamination of soil, air and water.
To throw more light on the subject, Prof. (Dr.) Harish Hirani, Director, CSIR-CMERI, Durgapur, deliberated on the issue in his Keynote
8. PM to launch financing facility under Agriculture Infrastructure Fund and release benefits under PM-KISAN tomorrow
Prime Minister Shri Narendra Modi will launch the financing facility of Rs. 1 lakh crore under the Agriculture Infrastructure Fund on 9th August at 11 AM via video conferencing. Prime Minister will also release the sixth instalment of funds of Rs. 17,000 crore to 8.5 crore farmers under the PM-KISAN scheme. The eventwill be witnessed by lakhs of farmers, cooperatives, and citizens across the country.Union Minister of Agriculture and Farmers’ Welfare, Shri Narendra Singh Tomar, will also be present
10. PM shares a blog post on reforms and policy-making
The Prime Minister, Shri Narendra Modi today shared his blog post on reforms, center-state bhagidari, innovative policy making during Covid times. The post was posted on LinkedIn platform.
In a tweet the Prime Minister said:
"Reforms by Conviction and Incentives...my @LinkedIn post on innovative policy making in the time of COVID-19, powered by the spirit of Centre-State Bhagidari."
11. Union Sports Minister Shri Kiren Rijiju to launch unique Fit India Freedom Run on August 14
The Sports Ministry is set to organise the largest country-wide run, the Fit India Freedom Run from August 15 to October 2, which boasts of a unique concept. In keeping with the current pandemic situation and social distancing norms, the government has decided to encourage participants of the event to run at their own pace - anywhere and at any time of their convenience.
12. Union Education Minister inaugurates four Newly Constructed Buildings of KendriyaVidyalayas
Union Minister for Education Shri Ramesh Pokhriyal ‘Nishank’ virtually inaugurated the newly constructed buildings of four KendriyaVidyalayas on Thursday through Video Conferencing. The four KV buildings inaugurated in three states are KV Nayagarh (Odisha), KV Mahuldiha, Rairangpur (Odisha), KV Hanumangarh (Rajasthan) and KV No. 3 Faridabad (Haryana).
Addressing the ceremony Live through Vid
15. Reforms by Conviction and Incentives
The Covid-19 pandemic has come with whole new set of challenges to Governments across the world in terms of policy-making. India is no exception. Raising enough resources for public welfare while ensuring sustainability is proving to be one of the biggest challenges.
16. AirAsiaIndia operates with fully vaccinated crew on 9 flights across multiple metro sectors
AirAsiaIndia operates with fully vaccinated crew on 9 flights across multiple metro sectors
Mumbai, 18 June, 2021:AirAsia India today operated 9 flights with fully vaccinated crew including cabin crew and pilots. The sectors flown by fully vaccinated crew included Bengaluru-Kolkata, Kolkata-Bengaluru, Bengaluru-Chennai, Chennai-Guwahati, Guwahati-Bengaluru, Bengaluru-Pune, Pune-Jaipur, Jaipur-Pune an
18. Power Minister launches the #iCommit initiative on World Environment Day
Power Minister launches the ‘#iCommit’ initiative on World Environment Day
Shri R. K. Singh, the Minister of State (IC) for Power and New & Renewable Energy, today initiated the ‘#iCommit’ campaign, on the occasion of World Environment Day. The initiative is a clarion call to all stakeholders and individuals to continue moving towards energy efficiency, renewable energy, and sustainability to create a robust and resilient energy system in the future.
19. Structural Reforms are a Key Priority of the Government: Finance Minister
Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman stressed that structural reforms are a key priority of the government as has been reflected in the slew of measures & policies announced since outbreak of COVID-19. Every policy which was introduced had a structural component. Consequently, thereforms are having significant impact on the recovery process which we are currently witnessing.
Further, in order to facilitate t
22. Union Education Minister launches Minimum Standards of Architectural Education Regulations, 2020
In continuation of pertinent educational reforms being made by Ministry of Education, Shri Ramesh Pokhriyal Nishank, Education Minister virtually launched the "Minimum Standards of Architectural Education Regulations, 2020" here today. Minister of State for Education, Shri Sanjay Dhotre also graced the occasion. Senior officials of Ministry of Education and President, Council of Architecture , Ar Habeeb Khan, were also present on the occasion.
While addressing the participants S
24. Union Minister Dr. Jitendra Singh inaugurates CAT Bench at Jammu.
Union Minister Dr. Jitendra Singh inaugurates CAT Bench at Jammu.
Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today inaugurated the 18th Bench of Central Administrative Tribunal (CAT) for the Union Territories of Jammu and Kashmir and Ladakh through a Video Conference. Speaking after the inauguration Dr. Singh said that the setting up of CAT Bench of Jammu
25. 6 states and over 180 investors participate in webinar chaired by Union FPI Minister
6 states and over 180 investors participate in webinar chaired by Union FPI Minister
Smt. Harsimrat Kaur Badal, Union FPI Minister launched the Food Processing Edition of the Exclusive Investment Forum by Invest India, the National Investment Promotion & Facilitation Agency of the Government of India today.
Invest India has designed this forum of unique sectoral series to conduct detailed conversations between global industry leaders and key decision makers from the highest leve
We would love to hear your thoughts, concerns or problems with anything so we can improve our website educratsweb.com ! email us at firstname.lastname@example.org
and submit your valuable feedback.
Save this page as PDF
| Recommend to your Friends