Benefits to farmers pursuing the activities of animal husbandry and fisheries. A major relief to the farmers of this sectors.
- To provide sustained and focused attention towards development of Fisheries, the Government has decided to create a separate Department of Fisheries. The Government wants to promote further growth over 7% to promote livelihood of about 1.45 crore people dependent on the sector through this initiative.
- The Finance Minister announced 2% interest subvention to the farmers pursuing the activities of animal husbandry and fisheries, who avail loan through Kisan Credit Card. Further, in case of timely repayment of loan, they will also get an additional 3% interest subvention.
- The was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019.
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