Rs 5,000 crore liquidity for 2 crore dairy farmers through interest subvention: FM Sitharaman

New Delhi, May 15 (ANI): Finance Minister Nirmala Sitharaman on May 15 unveiled the third tranche of the Rs 20 lakh crore COVID-19 economic package announced by the Prime Minister Narendra Modi. While addressing a press conference in Delhi, she said, “During COVID lockdown period, the demand for milk reduced by 20-25%. A new scheme to provide interest subvention at 2% per annum to dairy cooperatives for 2020-21. The scheme will unlock Rs 5000 crore additional liquidity, benefit to 2 crore farmers.”