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The 3rd press conference by Finance Minister @nsitharaman, announcing Government's roadmap towards #AatmanirbharBharat

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#AatmaNirbharBharatPackage #SelfReliantIndia

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Press conference by Union Finance Minister @nsitharaman, announcing the third set of measures in #AatmaNirbharBharatPackage, towards a #SelfReliantIndia


Stay tuned to @PIBMumbai for LIVE updates in English and Marathi
Watch LIVE: Press conference by Finance Minister @nsitharaman, MoS @ianuragthakur and @FinMinIndia team on the third set of measures which form a part of #AatmaNirbharBharatPackage

The third tranche of measures being announced today focuses on agriculture and allied activities, including fisheries - FM #NirmalaSitiharaman

It goes to the credit of the Indian farmer who has always stood up to various challenges and has made India reach certain global benchmarks - FM #NirmalaSitiharaman #AatmaNirbharDesh
India is the largest milk producer, largest jute and pulses producer, 2nd largest in sugar cane, cotton, groundnut, fruits, vegetables and fisheries, 3rd in cereals. Indian farmer has really endured and made sure that he would give us the highest yield - FM #AatmaNirbharDesh
It goes to the credit of our farmers that they almost concluded rabi crop harvest, many states have been successful in procurement, despite lockdown - FM #NirmalaSitiharaman #AatmaNirbharDesh
I will be announcing 1️⃣1️⃣ measures today

8️⃣ of them relating to strengthening infrastructure, capacity, logistics

3️⃣ of them relate to governance and administrative reforms

- announces Finance Minister #NirmalaSitiharaman #AatmaNirbharDesh
FM @nsitharaman recalls measures taken by Govt. to support farmers during #COVID19 lockdown

✅₹ 74,300 crore Minimum Support Price purchases during lockdown
✅₹ 18,700 crore transfer to farmers' bank accounts
✅₹ 6,400 crore PM Fasal Bima Yojana payment

Milk was being thrown on streets, since consumers were unable to buy it during lockdown, during this time, 560 lakh litres/day was procured by cooperatives, extra 111 crore litres bought, farmers got paid ₹ 4,100 crore

- FM #NirmalaSitiharaman #AatmaNirbharDesh
A new scheme was introduced to give lower interest to dairy cooperatives, the interest subvention scheme will continue and will put additional ₹ 5,000 crore in hands of 2 crore farmers

- FM #NirmalaSitiharaman #AatmaNirbharDesh
All #COVID19 related deadline extensions relating to fisheries activities, many of them involving overseas contracts, have been honoured. Very many measures which will help marine and coastal farmers have been undertaken as promised. - FM #NirmalaSitiharaman #AatmaNirbharDesh
Registration of 242 shrimp hatcheries and rearing hatcheries has been extended for 3 months, operation of marine capture fisheries and aquaculture has been relaxed to cover inland fisheries

- FM #NirmalaSitiharaman #AatmaNirbharDesh

₹ 1 lakh crore fund being created for Farmer Producer Organizations, aggregators, primary agriculture cooperative societies for strengthening farm-gate infrastructure such as cold chains, post harvest management infrastructure.

- FM #NirmalaSitiharaman #AatmaNirbharDesh
Private entrepreneurs, startups who look to facilitate by procuring from farmers and seek to create value addition for the global market, but don't have infrastructure, will benefit from the ₹ 1 lakh crore fund

- FM #NirmalaSitiharaman #AatmaNirbharDesh
₹ 10,000 crore Fund for Micro Food Enterprises (MFEs)

Marketing assistance to help local products create global impact, focus on organic, nutritional and health & wellness products, cluster-based approach

Will benefit 2 lakh MFEs

- FM #NirmalaSitiharaman #AatmaNirbharDesh
The ₹ 10,000 crore Micro Food Enterprises Fund will focus on health and wellness products in which India has a great strength, on women, SCs, STs and where possible on aspirational districts

- FM #NirmalaSitiharaman #AatmaNirbharDesh
₹ 20,000 crore for fishermen, to address critical gaps in fisheries value chain

Will create 55 lakh jobs
Will double India's exports to reach ₹ 1 lakh crore
New fishing vessels can be given, harbours can be built

- FM #NirmalaSitiharaman #AatmaNirbharDesh
The ₹ 20,000 crore allocation for fisheries sector will lead to additional fish production of ~ 70 lakh tonnes in 5 years, the principle is to empower people, not to give entitlements alone (which will be given where they are due)

- FM #NirmalaSitiharaman #AatmaNirbharDesh

We want to ensure 100% vaccination of nearly 53 crore animals, a livestock size which is among the largest in the world

Despite #COVID19 lockdown, 1.5 crore cows and buffaloes have been tagged and vaccinated

- FM #NirmalaSitiharaman #AatmaNirbharDesh
₹ 15,000 crore Animal Husbandry Infrastructure Development Fund is being established, this will help private investment in dairy processing, value addition and cattle feed infrastructure, niche industrial plants too can be set up

- FM #NirmalaSitiharaman #AatmaNirbharDesh
₹ 4,000 crore additional outlay for promotion of herbal cultivation

To help cover 10 lakh hectare under herbal cultivation in next two years, this will generate at least ₹ 5,000 crore additional income for farmers

- FM #NirmalaSitiharaman #AatmaNirbharDesh
₹ 4,000 crore additional outlay for herbal cultivation will also enable a corridor of medicinal and herbal plants over 800 hectares area to be grown on both sides of the Ganga, in line with the vision of PM @narendramodi

- FM #NirmalaSitiharaman #AatmaNirbharDesh
We hear of disappearing honey bee population leading to ⬇️cross pollination agents

Citing this, FM #NirmalaSitharaman announces ₹ 500 crore for beekeeping initiatives, will benefit 2 lakh beekeepers in rural areas, creating ripple effect on rural economy #AatmaNirbharDesh
₹ 500 crore to address farm supply chain disruption due to #COVID19 lockdown, wherein storage & transport are given at 50% less cost

The 6-month pilot scheme will be expanded and extended, in order to address breaks in value chain

- FM #NirmalaSitiharaman #AatmaNirbharDesh
#EssentialCommoditiesAct 1955, brought in days of scarcity, will be amended to completely deregulate stock limits for cereals, edible oils, oil seeds, pulses, onions and potatoes; stock limits will be applied only in exceptional situations

- Finance Minister #AatmaNirbharDesh
Amendment to #EssentialCommoditiesAct will enable farmers to get better prices, no stock limit will be applicable to processors since today value addition happens at door step of processors, farmers' prices will not be affected due to uncertainties

- FM #AatmaNirbharDesh
We will bring in a Central law to give farmers a choice to sell produce at an attractive price, remove barriers on inter state trade, to enable them to engage in e-trading, remove restrictions mandating sale to particular licensees

- FM #NirmalaSitiharaman #AatmaNirbharDesh

FM #NirmalaSitharman announces reform to give farmers certainty about sale and price return quantity before sowing

A legal framework will be brought in to enable farmers to engage with market players and fix fair prices before sowing


Through the facilitative legal framework, we want to assure farmers in advance, how much he would get for his crop, how much will get sold and what standard he needs to produce, will give them fair prices & also better technology

- FM #NirmalaSitiharaman #AatmaNirbharDesh
Ground-level and last-mile implementation to the poor and needy has been ensured for various government schemes such as @PMUjjwalaYojana, PM Jan Dhan Yojana. The same will be ensured for the schemes being announced now

- FM, responding to a media query #AatmaNirbharDesh
Central law will be made to give farmers choice to engage in inter-state trade (a central subject)
- FM #NirmalaSitharaman

This is a major reform which will enable farmer to sell to wherever and whomever he wants to: @FinMinIndia

Opportunity is being identified where help is needed, new technology options are being explored and action taken in order to improve our capacity and infrastructure

- FM #NirmalaSitharaman, saying India is focused on converting #COVID19 crisis to an opportunity
We are not including tax refunds in our calculations of the size of the stimulus package, some announcements have been made with intention of putting people's own money into their hands, that has not been included in the stimulus calculations - FM @nsitharaman #AatmaNirbharDesh
#COVID19 packages by most countries, the way they are reported in media, include both actual fiscal outgoes and liquidity provisions - @FinMinIndia, responding to claim that liquidity provisions have been added in stimulus package


Govt. has been taking steps to ensure clearing pending payments from Central Govt. organizations to MSMEs, by rigorously following up with every government department and PSU. This process is a continuous one.

- FM @nsitharaman #AatmaNirbharDesh
The figure of pending payment to MSMEs, quoted by MSME Minister, is inclusive of Centre, states & corporates. As of Mar 31, 2020, total central dues to MSMEs is less than ₹ 10,000 crore - Expenditure Secretary, @FinMinIndia responding to a media query

FM #NirmalaSitharaman has announced 1️⃣1️⃣ measures today, to transform India into an #AatmaNirbharDesh

8️⃣ measures for improving agricultural infrastructure

3️⃣ administrative and governance reforms, including removing restrictions on sale and stock limits of farm produce

Finance Minister #NirmalaSitharaman announces:

✅Measures to strengthen Agriculture Infrastructure, Logistics and Capacity Building

✅Governance & Administrative Reforms for Agriculture, Fisheries and Food Processing Sectors


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