Nirmala Sitharaman covid-19 outbreak experts Government Nirmala Sitharaman

₹30,000 crore emergency fund for farmers

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Finance minister Nirmala Sitharaman on Thursday announced measures to provide credit and relief to lockdown-hit farmers, including a ₹2 trillion credit scheme that will cover 25 million farmers who do not have Kisan Credit Cards and ₹30,000 crore in additional emergency working capital funding through National Bank For Agriculture and Rural Development.

Toward this, the government will begin a special drive to provide concessional credit to beneficiaries of the income support scheme PM-Kisan through Kisan Credit Cards. “Nearly ₹2 trillion concessional credit will be extended to boost the farming activity.

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