Home Political News Rs.1 Lakh Crore Packge For Farmers Says Nirmala Sitharaman

Rs.1 Lakh Crore Packge For Farmers Says Nirmala Sitharaman

Prime Minister Narendra Modi has already announced a huge package of Rs 20 lakh crore in the name of Atma Nirbhar Bharat Abhiyan. Today, a special package of Rs.1 lakh crore is allocated for Agro-infrastructure says Finance Minister Nirmala Sitharaman. Agriculture Package worth 1 lakhs rupees will be used for the infrastructure of farmers.

Here are the Agriculture Package Details: 

  • Short term loans to agriculture and allied industries.
  • Construction of godowns and cold storage from funds allocated to agriculture.
  • Special Fund for Branding of Rural Food.
  • The Prime Minister’s fisheries yojana is Rs.20,000 crores.
  • Also, Rs 11,000 crore for shrimp and fishery
  • 9,000 crore for fishing harbors and cold warehouses.
  • Plan to produce 70 lakh tonnes of fish over the next five years.
  • 55 lakh people employed in the fishing industry.
  • The target is 1 lakh crores of exports.
  • Insurance for boats, along with personal insurance at the time of ban on fishing was in force.
  • Rs 13,343 crore for Cattle Disease Control.
  • 100% vaccination for cattle, buffaloes, goats, pigs, and sheep.
  • Rs.15,000 crore for development of the livestock sector.
  • Encouragement for private investment in milk production centers.
  • 4000 crores for the cultivation of medicinal plants.
  • Cultivation of medicinal plants in 2.25 lakh hectares nationwide.
  • Expansion of another lakh hectares over the next two years Which will result in an additional Rs 5,000 crores to the farmers.
  • Purchase of crops and agricultural products worth Rs 73,400 crore under PM Kisan Samman
  • Transfer of Rs 18,700 crore to farmers from PM Kisan Samman Fund.
  • Rs 6,400 crore in compensation under Fasal Insurance Yojana in the last two months.
  • 10 thousand crores for the food industry in the agriculture package.

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