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FM's Day 3 stimulus: Agriculture, allied activities get Rs 1.5-trn package

Opposition, experts say measures do nothing for farmers facing income loss

Nirmala sitharaman, Finance minister
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Finance Minister Nirmala Sitharaman during her press conference on Friday in New Delhi.

Arup Roychoudhury New Delhi
The announcements Union Finance Minister Nirmala Sitharaman made on Friday will require an expenditure of Rs 1.5 trillion, apart from what the administrative measures relating to them entail. Of this, Rs 35,000 crore will come from the Centre’s Budget over the next two to five years, top government sources told Business Standard.
 
Wednesday’s announcements will have a fiscal impact of nearly Rs 40,000 crore (6.7 per cent), the sources said, in a package of Rs 5.94 trillion. For the ones on Thursday, it is Rs 10,000 crore (3.2 per cent) of the Rs 3.16 trillion. For Friday, it is 23