2.

During the last five years, for providing affordable loans to 
farmers,the  amount  of  interest  subvention  has  been  doubled. 
The  crop  loan  to  farmers  increased  to  `11.68  lakh  crore  in 
year2018‐19.  We  have  made  genuine  efforts  to  remove  the 
hardships  of  farmers  by  providing  them  Soil  Health  Cards, 
quality  seeds,  irrigation  scheme  and  Neem  Coated  Urea  to 
remove shortage of fertilizers.

3.
AnimalHusbandryandFisheriessectoralsoneedsconsiderabl
esupport.I  have  increased  the  allocation  for  RashtriyaGokul 
Mission  to  `750  crore  in  the  current  year  itself.  I  announce 
setting  up  of  "RashtriyaKamdhenuAayog" 
toupscalesustainablegeneticup‐
gradationofcowresourcesandtoenhanceproductionandproducti
vityofcows.TheAayogwillalsolookaftereffectiveimplementation
oflawsandwelfareschemesforcows.
4.
Indiaisthesecondlargestfishproducingnationintheworldacc
ountingfor6.3%
ofglobalproduction,registeringanaverageannualgrowthofmoret
han7%
inrecentyears.Thesectorprovideslivelihoodtoabout1.45crorepe
opleattheprimarylevel.Toprovidesustainedandfocusedattention
towardsdevelopmentofthissector,ourGovernmenthasdecidedto
createaseparateDepartmentofFisheries.
5. InthelastBudget, 
ourGovernmentannouncedthefacilityofextensionofKisanCreditC
ardscheme(KCC)
toAnimalHusbandryandFisheriesfarmers.Now,Iproposetoprovid
ethebenefitof2%
interestsubventiontothefarmerspursuingtheactivitiesofanimalh

1
usbandryandfisheries,whoavailloanthroughKisanCreditCard.Furt
her,incaseoftimelyrepaymentofloan,theywillalsogetanadditiona
l3%interestsubvention.
6. Toensure provision of easy and concessional credit and to 
bringallfarmersunderKCCfold,our 
Governmenthasdecidedtoinitiateacomprehensivedrivewithasim
plifiedapplicationform.
7.
Whennaturalcalamitiesstrike,farmersaregenerallyunablet
orepaytheircroploans.Presently,thecroploansarerescheduledfor
suchaffectedfarmersandtheygetbenefitofinterestsubventionof2
%onlyforthefirstyearoftherescheduledloan.OurGovernmenthas 
nowdecidedthatallfarmersaffectedbyseverenaturalcalamities,w
hereassistanceisprovidedfromNational  Disaster  Relief  Fund 
(NDRF),willbeprovidedthebenefitofinterestsubventionof2%
andpromptrepaymentincentiveof3%
fortheentireperiodofreschedulementoftheirloans.
Labour and Workers Dignity
8. Madam  Speaker,  our  Government  firmly  believes  that 
workmen  and  all  the  people  working  in  Government  services 
should get benefit of the fast growing economy. During the last 
five years India has witnessed industrial peace.
9. Highgrowthandformalistationoftheeconomyhasledto 
theexpansionofemploymentopportunitiesasshowninEPFOmem
bership,whichhasincreasedbynearly2crore  in  two 
yearsreflectingformalisationof theeconomyandjob creations.