National Technical Textile Mission is proposed for the year 2020-21 with implementation duration of 4 years proposed aiming to develop technical textile sector with an outlay of Rs 1,480 crore to cut down on imports. We see a growth in skilled man-force and employment opportunities thereby increasing the overall output and quality of Indian textiles providing an export boost to the sector.
The fish production is aimed to be raised by 200 lakh production by 2022-23. With the Union Budget proposed today, we see a positive impact on the growth in employment opportunities and rural income. Sagar Mitras is an appreciative initiative for rural youth in fisheries. Thus Fish Farming is now a thriving sector and we see the sector GDP and turnover graph ascending with time.
NABARD refinancing scheme is widened and credit availability of Rs. 15 lakh Crore with an aim to fund agricultural and rural related activities. With 16 point action plan for farmers, the government allocated 2.83 lakh crore rupees for agriculture and allied activities with an aim to double the farmers income. Keeping in mind the Caring India theme, 6.11 crore farmers to be insured under Fasal Bima Yojana for farmers in the Aspirational India.
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