New Delhi: FM on Friday stated that the ‘Operation Greens’ scheme whereby a subsidy is offered on transportation and storage, can be prolonged to all fruits and vegetable produce within the nation.
So far, it was efficient on transportation and storage of tomato, onion and potato solely.
Terming the choice as “TOP to TOTAL”, Sitharaman stated that the federal government will shell out Rs 500 crore for the scheme.
Under the scheme, 50 per cent subsidy is offered on transportation from surplus to poor markets. Further, the federal government additionally gives 50 per cent subsidy on storage of the produce together with chilly storage.
The scheme will run in a pilot section for six months however can be expanded and prolonged thereafter.
Sitharaman famous that offer chains have been disrupted and farmers usually are not with the ability to promote their produce within the markets.
It would assist in stopping misery sale and discount of value of perishable fruits and vegetables on the farm degree.
The choice is probably going to assist farmers get higher value realisation, scale back wastages and affordability of merchandise for shoppers.
The announcement is a part of the third tranche of the Rs 20 lakh crore financial package deal introduced by Prime Minister Narendra Modi on Tuesday.