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A plan of 1 lakh crores was launched to make the infrastructure of agriculture
After the announcement of PM Modi’s economic package, Finance Minister Nirmala Sitharaman made several big announcements on Friday for the third consecutive press conference.
11 big announcements
On the third day, the entire focus of Nirmala Sitharaman was on the farmers. The finance minister made 11 big announcements, including eight involving farmers, while dealing with the media. There are 3 Governance and Reform.
PHOTO – GOOGLE
fixed income, risk-free farming and standardization of quality
A law will be enacted for the farmers’ fixed income, risk-free farming and standardization of quality. This will prevent harassment of farmers and improve the lives of farmers. They will be able to work with exporters and big businessmen.
attractive prices
A central law will come in which farmers can sell their produce at attractive prices to other states as well. Right now it can be sold only to the licensee. If he can sell it to anyone, he will get the price he wants. We will give him such facility.
big step for farmers
The law which was made in 1955 for essential commodities is being changed. This will increase the possibility of increasing the income of farmers. The Essential Commodities Act will be amended. Products like oilseeds, pulses, potatoes, etc. will be de-regulated in this, so that farmers can get benefit. They will do whatever is required for the agricultural sector. This will be a big step for farmers to get fair prices.
infrastructure for beekeeping
Finance Minister said that Rs 500 crore assistance for bee keeping. This will create infrastructure for beekeeping. This will increase the income of 2 lakh parents.
Herbal products
The Finance Minister said that Rs 4,000 crore will be given to boost the production of herbal plants. There is a global demand for these plants. Herbal products will be cultivated in about 10 lakh hectares. 5,000 crores will be income from this farmers. The corridor will be built on 800 hectares of land along the Ganga for herbal products.
Animal Husbandry Infrastructure Development Fund
The Finance Minister said that a provision of Rs 15,000 crore has been made in the Animal Husbandry Infrastructure Development Fund. Expenditure will be incurred for milk production, value addition. The Finance Minister said that we have brought a plan for vaccination of 53 crore animals. It will cost around Rs 13,343 crore.
Matsya Sampada Yojana
The Finance Minister said that the Prime Minister Matsya Sampada Yojana of 20 thousand crores, which was announced in the budget, is being implemented immediately due to Corona. This will include Rs 9,000 crore for marine and inland fisheries and development of infrastructure development. The fishermen will be given new boats, employing 55 lakh people. With this, India’s exports will double to Rs 1 lakh crore. In the next 5 years, 70 million tonnes of additional fish production will be done.
micro food enterprises
The Finance Minister said that a scheme of Rs 10,000 crore has been brought for micro food enterprise. Giving examples, Nirmala Sitharaman said that clusters of makhana in Bihar, ragi in Kerala, saffron in Kashmir, chilli in Andhra Pradesh, mango clusters in UP can be formed. About 2 lakh micro food enterprises will benefit from this. According to Finance Minister Nirmala Sitharaman, a plan of 1 lakh crore was brought to create the basic infrastructure of agriculture.
PM Crop Insurance Scheme
According to Finance Minister Nirmala Sitharaman, 18,700 crore has been transferred to PM Kisan Fund during the lockdown. A claim payment of 6,400 crore was made under the PM Crop Insurance Scheme. During the lockdown, farmers have benefited from additional liquidity of 5000 crores.
small and medium farmers
Finance Minister Nirmala Sitharaman said that the farmers kept working even during the lockdown, small and medium farmers own 85 percent of the farm.
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The State Scores Extra High on Gaming-Friendly Industry Index
Meghalaya scored 92.85 out of 100 possible points in a Gaming Industry Index and proved to be India’s most gaming-friendly state following its recent profound legislation changes over the field allowing land-based and online gaming, including games of chance, under a licensing regime.
The index by the UK India Business Council (UKIBC) uses a scale of 0 to 100 to measure the level of legalisation on gambling and betting achieved by a state based on the scores over a set of seven different games – lottery, horse racing, betting on sports, poker, rummy, casino and fantasy sports
Starting from February last year, Meghalaya became the third state in India’s northeast to legalise gambling and betting after Sikkim and Nagaland. After consultations with the UKIBC, the state proceeded with the adoption of the Meghalaya Regulation of Gaming Act, 2021 and the nullification of the Meghalaya Prevention of Gambling Act, 1970. Subsequently in December, the Meghalaya Regulation of Gaming Rules, 2021 were notified and came into force.
All for the Tourists
The move to legalise and license various forms of offline and online betting and gambling in Meghalaya is aimed at boosting tourism and creating jobs, and altogether raising taxation revenues for the northeastern state. At the same time, the opportunities to bet and gamble legally will be reserved only for tourists and visitors.
“We came out with a Gaming Act and subsequently framed the Regulation of Gaming Rules, 2021. The government will accordingly issue licenses to operate games of skill and chance, both online and offline,” said James P. K. Sangma, Meghalaya State Law and Taxation Minister speaking in the capital city of Shillong. “But the legalized gambling and gaming will only be for tourists and not residents of Meghalaya,” he continued.
To be allowed to play, tourists and people visiting the state for work or business purposes will have to prove their non-resident status by presenting appropriate documents, in a process similar to a bank KYC (Know Your Customer) procedure.
Meghalaya Reaches Out to a Vast Market
With 140 millions of people in India estimated to bet regularly on sports, and a total of 370 million desi bettors around prominent sporting events, as per data from one of the latest reports by Esse N Videri, Meghalaya is set to reach out and take a piece of a vast market.
Estimates on the financial value of India’s sports betting market, combined across all types of offline channels and online sports and cricket predictions and betting platforms, speak about amounts between $130 and $150 billion (roughly between ₹9.7 and ₹11.5 lakh crore).
Andhra Pradesh, Telangana and Delhi are shown to deliver the highest number of bettors and Meghalaya can count on substantial tourists flow from their betting circles. The sports betting communities of Karnataka, Maharashtra, Uttar Pradesh and Haryana are also not to be underestimated.
Among the sports, cricket is most popular, registering 68 percent of the total bet count analyzed by Esse N Videri. Football takes second position with 11 percent of the bets, followed by betting on FIFA at 7 percent and on eCricket at 5 percent. The last position in the Top 5 of popular sports for betting in India is taken by tennis with 3 percent of the bet count.
Local Citizens will Still have Their Teer Betting
Meghalaya residents will still be permitted to participate in teer betting over arrow-shooting results. Teer is a traditional method of gambling, somewhat similar to a lottery draw, and held under the rules of the Meghalaya Regulation of the Game of Arrow Shooting and the Sale of Teer Tickets Act, 2018.
Teer includes bettors wagering on the number of arrows that reach the target which is placed about 50 meters away from a team of 20 archers positioned in a semicircle.
The archers shoot volleys of arrows at the target for ten minutes, and players place their bets choosing a number between 0 and 99 trying to guess the last two digits of the number of arrows that successfully pierce the target.
If, for example, the number of hits is 256, anyone who has bet on 56 wins an amount eight times bigger than their wager.
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