Narendra Modi Nirmala Sitharaman economy Government Coronavirus Narendra Modi Nirmala Sitharaman

₹1 lakh crore fund for agri infrastructure

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Finance Minister Nirmala Sitharaman today rolled out the third instalment of the ₹20 lakh crore economic stimulus announced by Prime Minister Narendra Modi, offering funds to improve farm infrastructure and logistics in the agriculture sector.

The package would focus on infrastructure and building capacities in the agriculture and allied activities, Sitharaman said.

The Central government announced ₹1 lakh crore for funding agriculture infrastructure projects at farm-gate and aggregation points.

The fund will be aimed at primary agricultural cooperative societies, farmers producers organisations, agriculture entrepreneurs and startups.

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