Economic package 3rd tranche: highlights

Economic package 3rd tranche: highlights
  • Country:
  • India

Following are the highlights of the third tranche of Rs 20 lakh crore comprehensive economic package announced by Finance Minister Nirmala Sitharaman to tide over the COVID-19 crisis

* Rs 1 lakh crore Agri Infrastructure Fund for farm-gate infra * Rs 10,000 cr scheme for formalisation of Micro Food Enterprises (MFE) * To provide Rs 20,000 cr to fishermen under PM Matsya Sampada Yojana * To set up Rs 15,000 cr Animal Husbandry Infrastructure Development Fund * Rs 4,000 cr outlay for promoting herbal and medicinal plant cultivation * Rs 500 crore for promotion of beekeeping initiatives * 3 major governance and administrative reforms for agriculture sector * Proposed amendment to the Essential Commodities Act to enable better price realisation for farmers* To enact Central Agricultural Produce Market Committee law * To provide legal framework for agriculture produce price and quality assurancePTI DP MR

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