Insta
Promoting Dairy Industry: FM Announces Rs 15,000 Crore For Animal Husbandry; Rs 13,343 Crore For Disease Control
Swarajya Staff
May 15, 2020, 05:43 PM | Updated 05:43 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Finance Minister Nirmala Sitharaman on Friday (15 May) began her third tranche of announcements pertaining to the Rs 20 lakh crore economic package under Atmanirbhar Bharat vision.
She said that today's announcements would be focused on agriculture and allied services, like fisheries and food processing.
The FM said a new scheme is being introduced to offer lower interest rates to dairy cooperatives.
The interest subvention scheme will continue and will put additional Rs 5,000 crore in the hands of two crore farmers, the FM said.
New scheme has been launched for interest subvention @ 2% per annum to dairy cooperatives for 2020-21 aimed at unlocking Rs 5000 crores additional liquidity, benefitting 2 crore farmers: Union Minister @nsitharaman#AatmaNirbharDesh #AatmanirbharBharat pic.twitter.com/XQrZTGy5Wz
— PIB India #StayHome #StaySafe (@PIB_India) May 15, 2020
Milk was being thrown on streets since consumers were unable to buy it during lockdown. During this time, 560 lakh litre/day milk was procured by cooperatives in which farmers were paid Rs 4,100 crore.
The government announced Rs 15,000 crore for dairy infrastructure, besides a livestock development programme.
Government announces an Animal Husbandry Infrastructure Development Fund worth Rs. 15,000 crore to support private investment in Dairy Processing, value addition and cattle feed infrastructure#AatmaNirbharDesh pic.twitter.com/zaRgKieUr8
— PIB India #StayHome #StaySafe (@PIB_India) May 15, 2020
The Finance Minister said the government made Rs 74,300-crore Minimum Support Price (MSP) purchases during lockdown and Rs 18,700 crore was transferred to farmers' bank accounts.
She also said that National Animal Disease Control Programme has been launched with total outlay of Rs. 13,343 crores for 100% vaccination of cattle, buffalo, sheep, goat and pig population in India.
National Animal Disease Control Programme has been launched with total outlay of Rs. 13,343 crores for 100% vaccination of cattle, buffalo, sheep, goat and pig population in India#AatmaNirbharDesh #AatmanirbharBharat pic.twitter.com/cbRer9Bccj
— PIB India #StayHome #StaySafe (@PIB_India) May 15, 2020
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.