3rd TRANCHE UNDER AATMANIRBHAR BHARAT ABHIYAAN

May 17, 2020

Union Finance Minister announced the 3rd Tranche of measures under Atmanirbhar Bharat to strengthen Agriculture, Fisheries and Food Processing Sectors.

Measures to strengthen Infrastructure Logistics and Capacity Building for Agriculture & Allied Sectors:

  1. Financing facility of Rs. One Lakh crore will be provided for funding Agriculture Infrastructure Projects at farm-gate & aggregation points. It will be financed and managed by the National Bank for Agriculture and Rural Development (NABARD).

  2. A Rs. 10,000 crore scheme will be launched for Formalisation of Micro Food Enterprises (MFE). It will help 2 lakh MFEs who need technical upgradation to attain FSSAI food standards, build brands and marketing.

  3. The Government will launch the Pradhan Mantri Matsya Sampada Yojana (PMMSY) with an outlay of Rs 20,000 crore for marine and inland fisheries.

  4. An Animal Husbandry Infrastructure Development Fund of Rs. 15,000 crore will be set up to support private investment in Dairy Processing, value addition and cattle feed infrastructure.

  5. The National Medicinal Plants Board (NMPB) will cover 10,00,000 hectare under Herbal cultivation in next two years with outlay of Rs. 4,000 crore.

  6. Beekeeping initiatives (worth Rs 500 crore): Government will implement a scheme for Infrastructure development related to Integrated Beekeeping Development Centres, Collection, Marketing and Storage Centres, Post-Harvest & value Addition facilities etc; and Implementation of standards & Developing traceability system.

  7. “Operation Greens” run by Ministry of Food Processing Industries (MOFPI) will be extended from Tomatoes, onion and potatoes (TOP) crops to ALL fruit and vegetables. 

Source : PIB

Latest Current Affairs

See All

Enquire Now