Union Minister of Agriculture and Farmers’ Welfare Shri Narendra Singh Tomar held a meeting through Video Conference today with industry representatives on the Ordinances i.e “the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020” and “The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020” promulgated by Government of India. Shri Parshottam Rupala, Minister of State for Agriculture, Shri Sanjay Agarwal, Secretary (Agriculture) and senior officers of the Department of Agriculture, Cooperation and Farmers Welfare were present.
Speaking on the occasion, the Union Minister of Agriculture and Farmers’ Welfare thanked Prime Minister Shri Narendra Modi for his vision in bringing strategic interventions in market reforms for rapid agricultural development and increasing farmers’ income. He mentioned that the Government is taking several measures for the welfare of farmers with a specific focus on ‘AatmaNirbhar Bharat’. The Ministry has been making concerted efforts to bring reforms in agricultural marketing and freeing agriculture sector of various restrictions through strategic interventions.
Giving details of various initiatives, Shri Tomar said that the Government has created the Agriculture Infrastructure Fund of Rs. 1 lakh crore to be used over the next four years. This fund is for building post-harvest storage and processing facilities, largely anchored at the Farmer Producer Organisations (FPOs), but can also be availed by individual entrepreneurs. The Agriculture Infrastructure Fund would facilitate in strengthening the agricultural infrastructure, development and improvement of warehouses, cold storage, pack houses and marketing facilities in the rural areas, which would enhance the income of farmers and boost rural economy. He stated that within one month of its approval by the Union Cabinet, the Prime Minister has inaugurated the Agriculture Infrastructure Fund on 9th August 2020 and Rs. 1128 crore has been sanctioned to Primary Agriculture Credit Cooperative Societies.
