US Agriculture Industry Received $35.1 Billion in Covid-19 Aid

Agriculture

According to the United States Department of Agriculture, the agriculture industry of the United States has received an estimated 35.1 billion dollars in the novel corona virus related aid in 2020, and operations of farming have also received 29.5 billion dollars of the total amour, and the farm households have been received 5.6 billion dollars.

The United States congress have passed six economic stimulus and relief bills in the year 2020 in the response to the novel corona virus pandemic, and one bill has been authorized to the United States Department of Agriculture for the purpose of creating the Coronavirus Food Assistance Programs, that had been providing the direct payments to the farming operations.

The United States Department of Agriculture said, the other federal agencies and departments of the country has created some broader programs from which both the family farm households and farm operations had been eligible for receiving the assistance, and these have been including the Economic Injury Disaster Loan Program and Paycheck protection Program of the United States Small Business Administration.

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Many of the family farm households had also been eligible for the payments for economic impact, that have been administered by the Internal Revenue Service of the United States of America, and the family farm households, who have lost the farm wages, had also been eligible for the federal corona virus pandemic unemployment compensation, which has been administered by the United States Department of Labor.

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