Thread by @PBNS_India

Watch Live: Union Finance Minister @nsitharaman addressing a Press Conference.

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

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@nsitharaman 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 @nsitharaman
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@nsitharaman India is the largest milk, 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 @nsitharaman
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@nsitharaman 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 @nsitharaman
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@nsitharaman 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 @nsitharaman
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@nsitharaman Funds transfer worth Rs 18,700 crores has been done under PM KISAN in past 2 months and PM Fasal Bima Yojana claims worth Rs 6,400 crores released in past 2 months: Union Minister @nsitharaman

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@nsitharaman 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

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@nsitharaman 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

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@nsitharaman To help Fisheries sector, operations of Marine Capture Fisheries and Aquaculture has been relaxed to cover Inland Fisheries

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@nsitharaman 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 @nsitharaman
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@nsitharaman 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

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@nsitharaman 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 @nsitharaman
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@nsitharaman 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 @nsitharaman
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@nsitharaman 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 @nsitharaman
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@nsitharaman Aiming to implement PM's vision of ‘Vocal for Local with Global outreach’, 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.

@nsitharaman 1️⃣

₹ 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 @nsitharaman
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@nsitharaman Government to launch Pradhan Mantri Matsya Sampada Yojana for integrated, sustainable, inclusive development of marine and inland fisheries to plug critical gaps in fisheries value chain; move will provide employment to over 55 lakh persons & double exports to Rs 1 lakh crore

@nsitharaman 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 @nsitharaman
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@nsitharaman National Animal Disease Control Programme has been launched with total outlay of Rs. 13,343 crores 100% vaccination of of cattle, buffalo, sheep, goat and pig population

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@nsitharaman 2️⃣
₹ 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 @nsitharaman
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@nsitharaman 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

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@nsitharaman 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 @nsitharaman
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@nsitharaman To promote Herbal Cultivation in India Government commits Rs 4000 crore; move aims to cover 10 lakh hectare under herbal cultivation in 2 years; corridor of medicinal plants to come up across banks of Ganga

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@nsitharaman 3️⃣
₹ 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 @nsitharaman
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@nsitharaman Government to implement a scheme for infrastructure development related to Beekeeping; aims to increase income for 2 lakh beekeepers with special thrust on capacity building of women

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@nsitharaman 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 @nsitharaman
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@nsitharaman TOP to TOTAL
In a major announcement, Government extends Operation Greens from Tomatoes, Onion and Potatoes (TOP) to ALL fruits and vegetables
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@nsitharaman 4️⃣

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 @nsitharaman
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@nsitharaman Government will amend Essential Commodities Act to enable better price realisation for farmers; Agriculture food stuffs including cereals, edible oils, oilseeds, pulses, onions and potato will be deregulated.

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@nsitharaman 4️⃣
₹ 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 @nsitharaman
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@nsitharaman 6️⃣
₹ 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 @nsitharaman
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@nsitharaman Government to bring in law to implement agriculture marketing reforms to provide marketing choices to farmers; law will provide adequate choices to farmer to sell produce at attractive price

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@nsitharaman ₹ 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 @nsitharaman
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@nsitharaman @narendramodi To provide assurance to farmer on Agriculture Produce Price and Quality, facilitative legal framework will be created to enable farmers for engaging with processors, aggregators, large retailers, exporters etc. in fair and transparent manner

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@nsitharaman @narendramodi 7️⃣
We hear of disappearing honey bee population leading to ⬇️cross pollination agents

Citing this, FM @nsitharaman announces ₹ 500 crore for beekeeping initiatives, will benefit 2 lakh beekeepers in rural areas, creating ripple effect on rural economy #AatmaNirbharDesh

@nsitharaman @narendramodi 8️⃣
₹ 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 @nsitharaman
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@nsitharaman @narendramodi 9️⃣
#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
- FM @nsitharaman
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@nsitharaman @narendramodi 9️⃣
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 @nsitharaman

@nsitharaman @narendramodi 1️⃣0️⃣
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 @nsitharaman
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@nsitharaman @narendramodi 1️⃣1️⃣

FM @nsitharaman 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
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