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Jun 03, 2020 05:43 PM IST | Source: Moneycontrol.com

Cabinet Briefing Highlights | Farmers to be free to sell produce outside APMC: Narendra Singh Tomar

Prime Minister Narendra Modi chaired the Cabinet meeting which was held earlier today.

The Union Cabinet met for the second time this month. On June 1, it met for the first time since the Modi-led government entered its second year of office. It had cleared and announced a number of steps to ease the burden on farmers and the agricultural sector amid the novel coronavirus pandemic.

The Centre also announced other decisions, especially regarding Micro, Small and Medium Enterprises (MSMEs). This included approval for the revision in the definition of MSMEs, cleared equity infusion for such enterprises through a Fund of Funds and a subordinate debt scheme. It also cleared a credit scheme for street vendors.

Union Minister Prakash Javadekar had said that the decisions taken in the Cabinet meet will bring about a "transformative change".
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  • June 03, 2020 05:21 PM IST

    Cabinet Briefing LIVE Updates | Narendra Singh Tomar: Approved the 'Farming Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020'. The Ordinance will create an ecosystem where the farmers and traders will enjoy the freedom of choice of sale and purchase of agri-produce.
     

  • June 03, 2020 04:53 PM IST

    Cabinet Briefing LIVE Updates | Ordinance to allow farmers to engage with processors, aggregators, large retailers, exporters has been approved.

  • June 03, 2020 04:43 PM IST

    Cabinet Briefing LIVE Updates | Narendra Singh Tomar: Narendra Modi-led government has accepted the Swaminathan Commision's recommendations and allowed 50 percent higher MSP than the input costs.

  • June 03, 2020 04:29 PM IST

    Cabinet Briefing LIVE Updates | Approves removal of restrictions on the sale of farm goods. Farmers will be free to sell produce outside APMC. Farmers will be able to sell goods on electronic platforms and no taxes will be levied on the sale of produce by farmers outside APMC markets.

  • June 03, 2020 04:26 PM IST

    Cabinet Briefing LIVE Updates | Narendra Singh Tomar: Around 9.5 lakh farmers have benefitted from PM Modi's scheme, which is historic. The government stands by its aim to double farmers' income by 2022. India got independence in 1947 but farmers got it today.

  • June 03, 2020 04:16 PM IST

    Cabinet Briefing LIVE Updates | Prakash Javadekar: Have approved establishment of Pharmacopoeia Commission for Indian Medicine & Homoeopathy (PCIM&H) as Subordinate Office under Ministry of AYUSH.

  • June 03, 2020 04:08 PM IST

    Cabinet Briefing LIVE Updates | Prakash Javadekar: Major decisions pertaining to farmers, enhancement of investments in India, renaming of Kolkata port and formation of a pharmacopoeia commission were taken in today's meeting.

  • June 03, 2020 04:06 PM IST

    Cabinet Briefing LIVE Updates | Prakash Javadekar: An important decision was taken on January 11. Have approved the decision to rename the Kolkata port to Kolkata Syama Prasad Mookerjee port.

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