Top 10 GOVERNMENT SCHEMES FOR fARMERS IN inDIA

 

The Indian government gives this industry adequate support because farming and agriculture are two important components that shape and underpin the Indian economy. Launching government programs for farmers related to funding and expert assistance is a practical way to support the Indian agricultural sector. 

Thankfully, the Indian government is paying attention to this issue and keeps introducing new farmer assistance programs. If you want to take advantage of these programs for agriculture, you must become familiar with them. In this post, we’ll discuss the list of agricultural programs offered by the Indian government as well as some of their main advantages.

Central Government for the Farmers

Depending on the objectives and policies of the government, the central government’s programs for farmers may have very different objectives. In India, the main goals are to upgrade the infrastructure for farmers, advance rural development, encourage the creation of new jobs in the agriculture sector, and give farmers enough money. The goal of the central government is to increase farm output and create jobs in the agricultural industry. It plans to introduce various government programs for Indian farmers in order to accomplish this goal. The central government wants to create cutting-edge services that tend to boost employment rates and improve agricultural output.

To give its citizens a better and more secure way of life, the government must implement various programs. The government must pay attention to the agriculture sector, just like it does to every other sector. The majority of people in India rely on agriculture and related industries to make a living. Governmental programs aimed at farmers aid the farming community in planning and arranging their agricultural activities wisely. The government is well aware of how much of the economy’s GDP comes from the agricultural sector. The government gives this sector particular consideration in order for the economy to grow. The Indian economy suffered a setback during the times of total lockdown, recording nearly 24 percent negative growth during the first quarter of FY 2020–21. Except for the Agriculture that recorded the positive growth of 3.4%. 

 

List of the 10 Government Agriculture Schemes

The central government has launched numerous programs for the agricultural industry since independence. Here, we’ll highlight and talk about the top 10 agriculture programs that India’s central government implemented.

1. Pradhan Mantri Krishi Sinchai Yojana (PMKSY)

The Pradhan Mantri Krishi Sinchai Yojana, or PMKSY, a centrally funded project launched by the Government of India in 2015, is at the top of the list of agricultural programs in India. Its objectives are to boost agricultural output and guarantee the effective use of water resources in this industry. The main objectives of the plan are to increase the area irrigated and increase water efficiency through a variety of elements and interventions.

 

2. Paramparagat Krishi Vikas Yojana (PKVY)

In 2015, the national government created a new farming program for farmers. The Paramparagat Krishi Vikas Yojana was this program. The scheme aimed to promote organic farming methods in India. The initiative encourages farmers to employ conventional and natural farming methods in order to lessen their reliance on chemical inputs. Its objectives include boosting soil fertility, encouraging sustainable farming, and ensuring the production of wholesome, chemical-free agricultural products.

3. Pradhan Mantri Fasal Bima Yojana (PMFBY)

In India, crop loss is a serious problem that also causes farmer suicide. In order to address this problem, in 2016 the federal government introduced the Pradhan Mantri Fasal Bima Yojana (PMFBY). It is an agricultural program related to crop insurance that aims to provide farmers with financial support and risk mitigation in the event of crop loss or damage brought on by calamities, pests, or diseases. It aims to ensure the overall stability of the agricultural industry and protect farmers from the financial hardship brought on by crop losses.

4. Gramin Bhandaran Yojana

Gramin Bhandaran Yojana for Rural Godown Scheme is the next program on this list of agricultural initiatives in India. The Indian government introduced it in 2001 to offer financial support for the development of rural storage infrastructure. This significant program for Indian farmers addressed the severe lack of storage facilities in rural areas, which forced farmers to deal with significant post-harvest losses and difficult selling of agricultural products. In accordance with this government program for farmers, eligible people, farmers, and organizations can receive financial support in the form of subsidies for the construction of storage infrastructure, such as godowns (warehouses), cold storage, and other post-harvest management facilities. As a result, it’s one of the best central government agricultural subsidy programs.

5. Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY)

Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) is a pension scheme launched by the Government of India to provide social security to small and marginal farmers. This scheme is especially for farmers between the age of 18-40 years and aims to ensure that farmers are having a continual source of income even when they are not able to work in fields. It was launched in September 2019 as part of the government’s efforts to address the welfare and financial needs of farmers. 

The Scheme is regulated by the Department of Agriculture. The farmer has to register themselves under the pension fund. To get the benefit of this scheme

This is relatively a new scheme for farmers offering them a minimum monthly income of INR 3,000 for farmers after the age of 60.

6. PM Kisan Samman Nidhi Yojana

PM Kisan Samman Nidhi Yojana is the following central government agriculture program that we want to list here. Let’s examine this plan in more detail. It is a government-funded program that aims to offer small and marginal farmers in India adequate income support. The main goal of the program is to annually transfer INR 6000 to farmers’ accounts so they can easily cover the costs of their farming equipment and other expenses without worry or stress.

7. Micro Irrigation Fund scheme

The program aims to eliminate irrigation barriers in India, which are a frequent problem in agriculture. For their crops, most farmers rely on the rain. The government wants to give irrigation facilities to all Indian farmers with the aid of this program. The Micro Irrigation Fund (MIF) scheme encourages the use of micro-irrigation methods and provides sufficient financial support for this endeavor. The National Bank for Agriculture and Rural Development (NABARD) oversees the funds for this program.

8. E-NAM

The E-NAM (Electronic National Agriculture Marketing) portal links the existing mandis in India. The plan’s goal is to establish an all-Indian market for agricultural products. Mandis all over India have the option to voluntarily join the platform and take advantage of its features. The idea of a single unified license for traders is also introduced by E-NAM, allowing them to work in multiple mandis across various states. The E-NAM (Electronic National Agriculture Marketing) portal links the existing mandis in India. The plan’s goal is to establish an all-Indian market for agricultural products. Mandis all over India have the option to voluntarily join the platform and take advantage of its features.

9. Kisan Credit Card (KCC)

This program was introduced in 1998 to give farmers access to credit. The purpose of this program is to give farmers enough credit to cover their agricultural and farming expenses. This program’s sole goal is to provide prompt credit assistance for necessities like the purchase of seeds, fertilizer, pesticides, machinery, and other inputs. To ensure that all different types of farmers can have individualized funding facilities, it provides a variety of repayment options. Farmers will have less financial stress during the cultivation phase as a result.

10. National Mission For Sustainable Agriculture (NMSA)

Lastly, we have the National Mission For Sustainable Agriculture scheme to include in this list of agricultural schemes in India. It’s a flagship program designed to promote sustainable agriculture practices. 

It promotes climate-smart agricultural practices such as conservation agriculture, precision farming, agroforestry, and the use of climate-resilient crop varieties.These practices help farmers adapt to changing climatic conditions, reduce the risks associated with extreme weather events, and ensure agricultural productivity and food security.

Conclusion

We have no qualms in stating that an Indian farmer has more advantages than anyone could imagine after learning about all these government subsidy programs for farmers in India. These central government agriculture programs merely serve to support our country’s heroes by assisting them with agricultural practices in the simplest and most effective manner. To help them obtain useful information, Tractor Gyan maintains an account and insightful data on all of these central government subsidy programs for agriculture. Visit our website often.

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