Promoting Dairy Industry: FM Announces Rs 15,000 Crore For Animal Husbandry; Rs 13,343 Crore For Disease Control
Promoting Dairy Industry: FM Announces Rs 15,000 Crore For Animal Husbandry; Rs 13,343 Crore For Disease ControlMilk production at all time high and yet India has not cashed in on global demand.

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.

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.

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.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Advertisement