Tuesday, August 3, 2021

Cabinet approves proposal of allowing APMCs to use Rs 1 lakh crore Agriculture Infrastructure Fund announced as part of Atmanirbhar Bharat Package

The Union Cabinet has decided to make amendments to the Coconut Development Board Act, 1979 to make it more efficient to carry out the activities of farming and production of coconut. Addressing the media in New Delhi,  said that with this decision, now the Chairman of the Board will be a non executive person but will be the person having the knowledge and experience of the agriculture sector. Mr Tomar said, the Coconut Development Board will now carry out the activities related to the development of coconut outside the country too.

In another decision, Mr Tomar informed that the Union Cabinet has also approved the proposal of allowing the Agriculture Produce Market Committees, APMCs to use the Rs one lakh crore Agriculture Infrastructure Fund which has been Agriculture Minister Narendra Singh Tomar announced as part of the Atmanirbhar Bharat Package. Mr Tomar said, now APMCs will be eligible to get the benefits of this fund to improve their infrastructure. He said, APMCs will be further strengthened and mandis will not be abolished. Mr Tomar said, this shows the Narendra Modi government’s commitment towards farmers’ welfare.

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