4000 crore will be spent on herbal farming, corridor of medicinal plants to be built along Ganga: Finance Minister
Finance Minister Nirmala Sitharaman on Friday announced the third installment of a Rs 20 lakh crore package for self-reliant India. In this third part, he opened a raft box for agriculture and allied sectors. He said that Rs 4000 crore would be spent to promote herbal farming. For this, 10,00,000 hectares of land will be covered in the next 2 years.
With this step of the government, farmers will have to earn Rs 5 thousand crore. The National Medicinal Plants Board (NMPB) will undertake herbal farming on an area of 800 hectares on the banks of the Ganges. For this a corridor will be developed here. NMPB plans to cultivate medicinal plants in an area of 2.5 lakh hectares.
Announcing the third part of the 20 lakh crore rupees, the Finance Minister said that the farmer exports the country with food. 1 lakh crore rupees will be spent for grain storage, cold chain and other agro-based infrastructure. Agricultural producers’ associations, agricultural startups etc. will also have its benefits.
Know 11 big announcements of Finance Minister Nirmala for Farmers-Farmers
Other important announcement
– Additional fund of 500 crores for expansion of Operation Green to all fruits and vegetables. 50 percent subsidy will be given on transportation, storage.
– Sitharaman said, with the improvement of agricultural marketing sector, farmers will get the option of marketing.
– Government will amend the Essential Commodities Act; Cereals, edible oils, oilseeds, pulses, potatoes and onions will be exempted from the purview of this law.
Allocation of Rs 500 crore for beekeeping, two lakh bee keepers in rural areas will be benefited.
– The Finance Minister announced a plan of Rs. 10 thousand crore to formalize micro food enterprises; This will benefit about two lakh micro food units.
15 thousand crore rupees will be spent for infrastructure development in animal husbandry. This will lead to more milk production and processing units will be set up.
– Under the National Animal Disease Control Program, animals will be vaccinated to protect them from mouth and mouth disease. 13,343 crore will be spent on this. Under this scheme 53 crore animals will be vaccinated. This will increase milk production and improve the quality of producers.
– 20 thousand crore rupees have been kept for PM Matsya Sampada Yojana. 11 thousand crore rupees will be spent for marine fisheries and 9 thousand crores rupees for preparing the infrastructure for this.