Center will employ 55 lakh people from PM Matsya Sampada Yojana! Makhana, Mango will have international branding
The central government will launch PM Matsya Sampada Yojana for fisheries. This scheme is expected to provide employment to 55 lakh people in the country. The government will also do international branding of items like Makhana, Mango, Turmeric and Saffron. These things happened on Friday during the announcement of the third installment (corona crisis and lockdown) of the economic package of 20 lakh crore rupees.
Apart from this, he said that in the third installment of the economic package, focus will be given on providing relief to agriculture and allied sectors. Sitharaman said that during the lockdown, agricultural produce worth Rs 74,300 crore was procured from farmers at the minimum support price. The Finance Minister announced to create an agricultural infrastructure fund of Rs 1 lakh crore for the construction of infrastructure like cold storage plants, yard. The Finance Minister has announced a plan of 10 thousand crore rupees to formalize micro food enterprises. This will benefit about two lakh micro food units.
Highlights of the third installment of the economic package
1 lakh crores for infrastructure in farming
Cluster system for Mango, Saffron, Turmeric and Makhana etc.
53 lakh cattle will be insured
Fisheries scheme will come, 55 lakh people will get employment
Apart from this, he said that a fund of Rs. 13,343 crore would be started to ensure 100 percent vaccination to protect 53 crore animals from hoarding. At the same time, he announced to create an animal husbandry infrastructure development fund of Rs 15 thousand crore to encourage investment in the dairy processing sector.
The Finance Minister announced four thousand crore rupees for promoting medicinal farming, bringing 10 lakh hectares of area under medicinal farming in the next two years. Apart from this, an allocation of Rs 500 crore for bee keeping, two lakh bee keepers in rural areas will be benefited.
An additional fund of Rs 500 crore has been set up to expand Operation Green to all fruits and vegetables. At the same time, 50 percent subsidy will be given on transportation, storage. Apart from this, the government will amend the Essential Commodities Act. Cereals, edible oils, oilseeds, pulses, potatoes and onions will be exempted from the purview of this law.