A Rich Harvest

Nirmala announces ₹1 lakh crore agri infrastructure fund

- Joe C Mathew

Finance Minister Nirmala Sitharaman's just announced third tranche of Covid-19 stimulus announcement is more of a post-Covid medium to long term plan than something that is purely meant to address a current crisis.

The legislative and administrative changes, and the soon to be deployed funds for strengthening supply chain infrastructure are all fine. It reads like a well-crafted annual Budget speech for its intent and positive implications for the stakeholders over a medium term, but not as a relief measure meant to help the farmers or the industry tide over the Covid-19 market disruption related crisis.