FM announces Rs 65,000-cr fertilizer subsidy for farmers


PTI, Nov 12, 2020, 2:51 PM IST

New Delhi: Finance Minister Nirmala Sitharaman on Thursday announced a Rs 65,000-crore fertilizer subsidy for farmers as part of her stimulus package to boost the economy.

She said Rs 65,000 crore is being provided to ensure adequate availability of fertilisers to farmers and to enable timely accessibility of fertilisers in the upcoming crop season.

She said an additional outlay of Rs 10,000 crore will be provided for PM Garib Kalyan Rozgar Yojana in the current financial year.

This, she said, will accelerate growth of the rural economy.

Sitharaman further said, Rs 3,000 crore will be released to EXIM Bank for promotion of ”Project Exports” through lines of credits.

EXIM Bank extends lines of credits (LOC) on behalf of the government of India as assistance to developing countries under Indian Development and Economic Assistance Scheme (IDEAS) Scheme.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Capsized boat found near Florida; 39 people missing

Bengaluru: Hurt by wife’s demands for luxury, man hangs himself

Kerala Minister unfurls national flag upside down; BJP seeks his resignation

Meet Methuselah, the oldest living aquarium fish

Karkala: Auto driver killed, passenger seriously injured in car-autorickshaw collision

Yuvraj Singh, Hazel Keech blessed with baby boy

Modi wears Uttarakhand cap, Manipur stole this R-Day


Related Articles More

PM Modi gave unique gift of ‘Mangal teeka’ to world: MP governor

Kerala Minister unfurls national flag upside down; BJP seeks his resignation

R-Day: Netaji’s 125th anniversary, INA legacy depicted in floral tableau

Despite COVID-19, India displays tremendous resilience, capability: Kerala Guv

Truly special ambassadors of strong relations between our nations: PM Modi writes to Gayle, Rhodes on Republic Day

MUST WATCH

Karnataka Tableau | Republic Day Parade 2022

KS Eshwarappa talk about Siddaramiah and DK Shivakumar

Hon’ble President Ram Nath Kovind’s Message on the eve of Republic Day 2022

PSI Shivananda Gudaganatti video viral

The bridegroom paid homage to Kafidore Siddhartha Hegde on the wedding day


Latest Additions

Capsized boat found near Florida; 39 people missing

PM Modi gave unique gift of ‘Mangal teeka’ to world: MP governor

Bengaluru: Hurt by wife’s demands for luxury, man hangs himself

Nine days after surgery for broken jaw, Beth Mooney set for one-off women’s Ashes test

Biden’s big test: Proving he can rally allies against Putin

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.