Budget 2019 Updates… Agriculture

Assured Income Support for Small and marginal farmers holding up-to 2 Hectares – New Scheme Launched – Rs.6000/- to farmers by Direct Account Transfer Scheme in 3 installments of Rs.2000 each. A wholly Central Govt Sponsored Scheme. Rs.75000 crore for FY 2019-20 and Rs.20000 crore in current year and the same will be implemented this year itself.

Rs.750 crores for Animal Husbandry and Fisheries for 2018-19

Fisheries – Seperate Department will be constituted. Benefit of 2% interest subvention for Animal Husbandry and fisheries.Additional 3% interest subvention for timely repayment.

All farmers affected by national calamity, who reschedule loan will get 2% interest subvention and 3% interest subvention for rescheduled period als0.

Budget 2019 Updates… Agriculture

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