ANNOUNCEMENT 15 May 2020
India has announced several schemes to support the agricultural economy affected by the COVID-19 pandemic.
NUMBER OF INTERVENTIONS
Presentation of details of 3rd Tranche by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19
Cabinet approves Central Sector Scheme of financing facility under 'Agriculture Infrastructure Fund'
On 12 May 2020, the Indian Prime Minister had announced that INR 2 million crores (~ USD 266.34 billion) will be allocated to support the economy affected by the COVID-19 pandemic.
On 15 May 2020, the India Finance Minister announced the measures as part of the package to support the agricultural economy.
* INR to USD on 15 May 2020 - INR 75.86/USD