Monday, June 21, 2021
Home News Reports Nirmala Sitharaman announces relief measures for farmers, liquidity support and 25 lakh new Kisan...

Nirmala Sitharaman announces relief measures for farmers, liquidity support and 25 lakh new Kisan Credit Cards on the menu

Nirmala Sitharaman said that Rs. 6,700 crores have been provided to state agencies for procurement of agricultural produce.

Union Finance Minister Nirmala Sitharaman announced the second tranche of relief measures under the Atma Nirbhar Bharat Abhiyan on Thursday. The first tranche of announcements on Wednesday had focused on providing relief to MSMEs, NBFCs, MFIs and HFCs, electric distribution companies and others. The second tranche focused on farmers, migrant workers, small traders and others.

Nirmala Sitharaman announced that three crore marginal farmers have already availed agricultural loans worth Rs 4.22 lakh crore. 25 lakh new Kisan credit cards holders have been sanctioned with a loan limit of Rs 25,000 crore, added Sitharaman. She further said that Interest Subvention and Prompt Repayment Incentive on crop loans, due from March 1, has been extended up to May 31 2020.

Source: PIB/Twitter

The Finance Minister also announced additional liquidity support for farmers and the rural economy during her second trance of announcements. FM Sitharaman said that 63 lakh loans worth Rs 86,000 crore have been approved between the 1st of March and 30th of April. Refinancing of Rs 29,500 crore has been provided by NABARD to cooperative and rural banks in March this year.

Nirmala Sitharaman said that Rs. 6,700 crores have been provided to state agencies for procurement of agricultural produce. Rs 4,200 crore has been provided under Rural Infrastructure Development Fund to states during March 2020 for rural infrastructure.

Source: PIB/Twitter

Nirmala Sitharaman announces Relief Measures for Migrant Workers

The second tranche of announcements of the Finance Minister also included relief measures for migrant workers. The relief measures included affordable housing under the PMAy through a PPP mode. In addition to that, it was announced that migrants who are neither NSFA or State Card beneficiaries in the state they are stationed at will be provided 5 kg of grains per person and 1 kg of Chana per family per month for two months. An estimated 8 crore migrants are expected to benefit. Several other relief measures were also announced by Nirmala Sitharaman.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

George Soros-funded University awards former Kerala health Minister KK Shailaja for her ‘commitment to public health service’

Former Kerala Minister KK Shailaja, who was dropped from cabinet after lelection, awarded by George Soros-funded University

Gujarat: Cow smugglers kill VHP Gaurakshak Hardik Kansara, nephew of district BJP president, 10 arrested

Ten individuals have been arrested in Gujarat on accusations of murdering Gaurakshak Hardik Kansara in Valsad district.

Coronavirus: Liberal privilege that sank Kerala. Here is what went wrong

The media will choose to wait strategically till it reaches Gujarat, for more effect. And the third wave begins “officially” when the spread reaches Uttar Pradesh. And then, it will all be the fault of “Gaumutra.”

Taliban rule: When Hindus in Afghanistan were forced to carry yellow badges like Jews in Nazi Germany

In a bid to undo years of suffering and persecution, the Indian government had issued long-term visas to 700 Hindus and Sikhs from Afghanistan in July last year.

On World Refugee Day, read how Germany, Sweden, and India bore the brunt of incoming refugees

While the United Nations has been advocating the inclusion of refugees, the question remains whether the incoming migrants are willing to assimilate with the culture of the host nation.

Twitter rewards an Islamist org, set to be banned by India, with a verified blue tick: Here is what PFI has done in the...

It is worth mentioning that the radical Islamic organisation Popular Front of India has been accused of involving in perpetrating terrorist attacks in India and carrying large scale communal riots in different parts of the country.

Recently Popular

OBC benefits for Muslims: How WB Police’s recruitment drive has exposed how parties found a way to make religious reservations

The drive was meant to fill vacancies in the OBC-A category in the state. The list showed that apart from one or two individuals, all of them were Muslims.

Who is Vishal Jood? An Indian national arrested for taking on Khalistani extremists in Australia

Vishal Jood, the 24 yar old from Haryana, has been languishing in a jail in the down in the country for two months now.

Republic TV issues statement over Arnab Goswami’s disappearance from the news network: Here is what they said

Arnab Goswami was last seen on May 2 during a discussion on West Bengal assembly polls. He will make a return on Monday.

Kerala madarsa teacher preaches “kill the ones who leave Islam” while taking online lecture for class 12 students

Kerala madarsa teacher caught encouraging class 12 students to take to violence against those who quits Islam as religion.

Google removes ‘Ghazwa e Hind’ app from play store after uproar

Ghazwa-e-Hind that literally translates to 'holy raid of India', is a common term used by Islamic invaders and terrorists. The term finds its origin in Islamic literature named Hadiths.

BBC removes distorted map of India from Delta variant report after uproar on social media

BBC published wrong map of India while talking about a story on the origin of Delta variant of Chinese coronavirus
- Advertisement -

 

Connect with us

255,564FansLike
554,912FollowersFollow
24,400SubscribersSubscribe