FM announces setting up of Rs 1 lakh cr agri infra fund

1 min read
jkll

New Delhi: Finance Minister Nirmala Sitharaman on Friday announced setting up of a Rs 1 lakh crore agri infrastructure fund for farm-gate infrastructure.

This fund will be used for setting up cold chains and post-harvest management infrastructure, she said while announcing the third tranche of COVID-19 relief package. She also announced a Rs 10,000 crore scheme for formalisation of micro food enterprises (MFE).

The scheme will be launched to help 2 lakh MFEs by adopting cluster-based approach such as mango in Uttar Pradesh, kesar in Jammu & Kashmir, bamboo shoots in North-East, chilli in Andhra Pradesh, tapioca in Tamil Nadu. This fund would help in reaching untapped export markets in view of improved health consciousness

(Except for the headline, this story has not been edited by The Kashmir Monitor staff and is published from a syndicated feed.)

Discover more from The Kashmir Monitor

Subscribe now to keep reading and get access to the full archive.

Continue reading

Don't Miss

school

Poor education infrastructure: Govt grants Rs 58 crore for upgrading over 22K schools in J&K

Srinagar: Seemingly waking up to infrastructure deficit, Jammu and Kashmir government has
fm

EPF, MSMEs, TDS boosters: Here are all the announcements FM made today

New Delhi: FM Nirmala Sitharaman Wednesday gave the details of the combined