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Decision Modi government’s big gift to farmers, money will be deposited directly in the accounts of so many food givers

Decision / Modi government’s big gift to farmers, the money will be deposited directly in the accounts of so many food givers

The Modi cabinet on Wednesday took a major decision amid ongoing agitation over the issue of agricultural law. The government has decided to export 6 million tonnes of sugar, the proceeds of which will be directly credited to the accounts of 50 million farmers. After the cabinet meeting, Union Minister Prakash Javadekar, Ravi Shankar Prasad held a press conference and informed about the decision.

 

Important decisions taken in the Modi cabinet regarding farmers
Sugar exporters will get subsidy
5 crore farmers will get benefits
The Union Minister said that this year the government has decided to subsidize the export of 60 million tonnes of sugar.

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The subsidy will be credited directly to the farmers’ account at a cost of Rs 3,500 crore. In addition, an income of Rs 18,000 crore will also be given to farmers.

 

5 crore farmers will get benefits

The Union Minister said that 5 crore farmers would benefit from this, 5 lakh laborers would benefit greatly. According to the minister, farmers will get a subsidy of up to Rs 5,000 crore in a week. 60 lakh tonnes of sugar will be exported at the rate of Rs 6,000 per tonne.

The government will provide subsidy

According to Prakash Javadekar, this year’s sugar production will be 310 lakh tonnes, with the country’s consumption at 260 lakh tonnes. Due to low sugar prices, which has put farmers and industry in trouble, it has been decided to export 6 million tonnes of sugar and subsidize exports.

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3500 crore subsidy, value of direct exports Rs. 18000 crore. Will go to the account of the farmers. Besides, Rs 5361 crore of declared subsidy will be credited to farmers’ account in a week: Union Minister Prakash Javadekar
https://t.co/FCgMy11Mz9
– ANI_HindiNews (indAHindinews)
December 16, 2020
Big announcement of Modi government regarding farmers

Amidst the farmers’ agitation on the issue of agricultural law, the Modi government has made decisions for a large number of farmers. The government is constantly trying to persuade farmers on the issue of agricultural laws.

Prakash Javadekar said a new budget has been approved to improve the power system in the Northeast. Earlier, it used to cost Rs 5,000 crore, but now it will cost Rs 6,700 crore. According to Prakash Javadekar, this will lengthen the transmission line and achieve the target of 24 hours electricity.

 

Union Minister Ravi Shankar Prasad said the government has decided to auction the spectrum before such an auction is held in 2016. Apart from this, the government has decided to form a national committee for the telecom sector.

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