Insta
Rs 1 Lakh Crore Sanctioned To Develop Agri Farm-Gate Infra, MFEs To Be Developed To Tap New Export Markets
Swarajya Staff
May 15, 2020, 04:41 PM | Updated 04:40 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Finance Minister Nirmala Sitharaman in her third tranche of Rs 20 lakh crore Atmanirbhar Bharat announcement, said that today’s (15 May) announcements will pertain to agriculture and allied services.
To improve agricultural infrastructure a Rs 1 lakh crore would be provided to fund infra projects at the farm gate and aggregate points.
In a move to strenghten infrastructure in agriculture, financing facility of Rs. 1 lakh crore will be provided for funding Agriculture Infrastructure Projects at farm-gate & aggregation points#AatmaNirbharDesh #AatmanirbharBharat pic.twitter.com/I6XsQI6EE9
— PIB India #StayHome #StaySafe (@PIB_India) May 15, 2020
This measure is aimed to plug the shortage of adequate cold chain and post management infrastructure for farm produce. This Rs 1 lakh crore financial facility will provide an impetus to develop farm-gate and aggregation points and a viable post-harvest management infra.
The government has also sanctioned Rs 10,000 crore to develop 2 lakh Micro Food Enterprises with an emphasis on improving health and safety standards, retail market integration and improving income.
Aiming to implement PM's vision of âVocal for Local with Global outreachâ, a scheme will be launched to help 2 lakh Micro Food Enterprises; Improved health and safety standards, integration with retail markets and improved incomes to be key focus areas#AatmaNirbharDesh pic.twitter.com/nnuXlJdPyp
— PIB India #StayHome #StaySafe (@PIB_India) May 15, 2020
This scheme will also promote a cluster based approach to support region specific production like Mangoes in UP, Kesar in Jammu and Kashmir and Makhana in Bihar.
The scheme also hopes to tap into unexplored export market via India’s organic produce. The Finance Minister gave the example of the popularity of organic drinks like Turmeric Latte - which has grown in popularity in various countries.
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.