After relief measures for MSMEs, shadow banks, migrant labourers, street vendors, and small farmers.
Key Highlights of the 3rd phase of the Atma Nirbhar Bharat Package:
- ₹ 1 lakh crore Agri Infrastructure Fund for farm-gate infrastructure for farmers to develop agriculture infrastructure for farmers and it helps them to improve their income. The Finance Minister also announced ₹ 10,000 crore for micro food enterprises following a cluster-based approach.
- To help inland fisheries and development of marine the government of India launches the ₹ 20,000 crore through Pradhan Mantri Matsya Sampada Yojana (PMMSY).
- The Government of India has also provided for a ₹ 15,000 crore Animal Husbandry Infrastructure Development Fund, which will help cattle owners or support private investment in Dairy processing.
- FM also announced ₹ 13,343 crore to ensure 100% vaccination of all livestock (cattle, buffalo, sheep, goat, and pig) against foot and mouth disease.
- FM Sitharaman announces government to implement a ₹ 500 crore scheme of infrastructure development related to integrated beekeeping development centres, collection, marketing & storage centres, post-harvest and value addition facilities; this will lead to an increase in income of 2 lakh bee-keepers.
- With an aim to promote Herbal cultivation in the country, the government has allocated ₹ 4000 crore. The move objects to cover 10 lakh hectares under herbal cultivation in two years and National Medicinal Plants Board (NMPB) will bring an 800-hectare area by developing a corridor of medicinal plants along the banks of river Ganga.
- FM Nirmala Sitharaman on additional steps for agriculture during COVID-19. She said that “in the last two months several measures have been taken to support farmers, including Minimum Support Price (MSP) purchases of ₹ 73,300 crore during the lockdown.”
- In also addition ₹ 18,700 crore in cash dole out under the PM Kisan Fund (PMKF) transfers have been done and ₹ 6,400 crore of payment in crop insurance have been made.