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.
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".