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Friday, 15 May 2020

Third Phase of Relief Package -: Economic Update by government

Third economic announcement by government Yesterday's Economic Announcement by Finance Minister. 



Third phase of economic package. 11 new announcements made on the 15 May regarding the economic relief package. 

⇛Under the third Economic Package, Fund of 1 lack crore rupees for agriculture infrastructure had been allotted. This help will be given to agriculture infrastructure, primary agriculture, cooperative society, and start-ups related to farming.

 ⇛10 thousand crore rupees to Micro Food Enterprise. So that micro food enterprises will be able to do branding and marketing keeping in mind the food standards.

⇛20 thousand crores to promote fish farming. Out of this, 11 thousand crores will be provided for fish farming and 9 thousand crores to strengthen basic facilities.

⇛13 thousand 343 crores for vaccination of animals. 53 crore animals will get these hinges. The government will help those who raise them.

⇛15 thousand crores for infrastructure in the animal husbandry sector. Will consider infrastructure for animal husbandry sectors. It will cost 15 thousand crores.

⇛4 thousand crore rupees for "Oshidhi Plant". Farmers who cultivate the medical plant will benefit. 10 lack hectare means that in about 25 lack acres, farming will be available.

⇛500 crores for beekeepers. This will increase supply for honey, the farmers will earn more of their income.

⇛Top i.e. tomato, potato, onion, now other vegetables and fruits are also included in the scheme. In the case of these vegetables, Operation Green runs, so that the farmers get the right amount of money.

⇛The necessary Vaastu Act will change. This will change to increase competition in agriculture and to give good prices to farmers.

⇛Agriculture Marketing Reform. A central law will be enacted so that farmers have a chance to sell produce at good prices.

⇛There will be changes in the law for farmers. Farmers are still not sowing the crop, they do not know how much they will get for the product and whether the entire product will be sold or not. The government wants the farmers to know before the season how much they will get for their produce.

Read all the relief packages announcements. 
https://businessdip.blogspot.com/2020/05/relief-package-part-5th-by-government.html
https://businessdip.blogspot.com/2020/05/economic-news-of-4th-relief-package-by.html
https://businessdip.blogspot.com/2020/05/latest-economic-updates-second-phase-of.html
https://businessdip.blogspot.com/2020/05/latest-economy-news-finance-ministers.html





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