TOP 10 Government Agriculture Schemes for Farmers

Every nation's economy relies heavily on agriculture. Similarly, agriculture accounts for a sizable portion of the Indian economy. It is the backbone of the country's rural economy, as well as a source of food security. With a gain of more than 3.4 percent, agriculture was the only sector that emerged as a bright spot for India's economy. The Indian economy grew by a negative 23.9 percent in the first quarter of fiscal 2020-21. It also elevates agriculture to the position of the country's most important industry. The government plays an important role in agriculture by providing farmers with support and assistance. As a result, the welfare of farmers is the Indian government's top priority.

With a gain of more than 3.4 percent, agriculture was the only sector that emerged as a bright spot for India's economy. The Indian economy grew by a negative 23.9 percent in the first quarter of fiscal 2020-21. It also elevates agriculture to the position of the country's most important industry. The government plays an important role in agriculture by providing farmers with support and assistance. As a result, the welfare of farmers is the Indian government's top priority.

TOP 10 Government Agriculture Schemes for Farmers

1. PM Kisan Scheme

The PM-Kisan Scheme is the first agriculture scheme on the list. The Pradhan Mantri Kisan Samman Nidhi Yojana is the name by which the programme is popularly known. It is a new scheme for farmers launched by the Ministry of Agriculture and Farmers Welfare on 1 February 2019 (effective from December 2018). Furthermore, the scheme assists India's small and marginal farmers who own less than 2 hectares of land.

Advantages of the PM-Kisan Scheme

Under this programme, small and marginal farmers who own less than 2 hectares of land are given a minimum income support of Rs. 6,000 per year. Cultivators will also receive Rs. 6000 in three installments under this scheme.

Goal

The government intends to use this scheme to meet the financial needs of small and marginal farmers. In addition, they want to ensure good crop health and yield.

2. Pradhan Mantri Kisan Maandhan Yojana

The Pradhan Mantri Kisan Maandhan Yojana is the second scheme on the list. On September 11, 2019, Prime Minister Narendra Modi launched the scheme for small and marginal farmers. Farmers between the ages of 18 and 40 can also apply for this scheme.

Pradhan's Privileges Yojana Mantri Kisan Maandhan

On reaching the age of 60, the 5-crore marginal and small farmers receive a minimum pension of Rs 30-0 per month under this scheme. Farmers must contribute Rs 55 to 200 every month until retirement, or the age of 60, under this scheme. In addition, the government contributes the same amount to the pension fund for the same number of tenants.

Goal

The scheme provides social security to small and marginal farmers in their old age when they have no source of income or savings to cover their expenses.

3. Pradhan Mantri Fasal Bima Yojana

The list's third programme is the Pradhan Mantri Fasal Bima Yojana (PMFBY). Prime Minister Shri Narendra Modi introduced this successful plan on February 18, 2016. It is a farm insurance programme based on actuarial premiums. This programme was undertaken by 21 states in Kharif 2016 and 23 states and two union territories in Rabi 2016–17.

Pradhan Mantri Fasal Bima Yojana Privileges (PMFBY).

Farmers are required to pay a maximum premium of 2% for Kharif, 1% for Rabi food and oilseed crops, and 5% for annual commercial or horticultural crops under this programme. The Central & State Governments each contribute an equal amount toward the remaining portion of the actuarial premium.

Goal

The main objective of PMFBY is to speed up claims settlement. In addition, the goal is to make farmers whole for the harm that torrential rains, storms, hail, and floods inflicted.

4. Kisan Credit Card

The Kisan Credit Card (KCC) Scheme is the list's fourth scheme. The programme was started in 1998 to give farmers access to short-term formal loans. There are numerous banks, including SBI, HDFC, ICICI, and Axis, that provide KCC.

Benefits Of The Kisan Credit Card (KCC) Program

Under this plan, farmers are granted short-term loans to pay for equipment and other expenses.

Goal

KCC was established to make sure that farmers in the agricultural, fishing, and animal husbandry industries could obtain the credit they needed.

5. Pradhan Mantri Krishi Sinchai Yojana

The Pradhan Mantri Krishi Sinchai Yojana is the list's fifth programme (PMKSY). On July 1, 2015, the Pradhan Mantri Krishi Sinchai Yojana was introduced with the slogan "Har Khet Ko Paani." This plan provides a complete answer for the irrigation supply chain, including water sources, distribution systems, and farm-level applications. As a result, the Indian government achieves the high level of consensus needed for water management and conservation.

Pradhan Mantri Krishi Sinchai Yojana privileges (PMKSY)

Farmers in the nation receive subsidies under this plan for the machinery needed to irrigate their land. Additionally, farmers can make significant money with this strategy.

Goal

The government wants to expand the "Har Khet Ko Pani" water system and increase water efficiency. The Indian government has also chosen to implement its goal of "More harvest per drop" through this programme. Thus, this plan began to complete preparations for source generation, field application, distribution, the board, and farmer development exercises.

6. Rajiv Gandhi Kisna Nyay Yojana

Rajiv Gandhi Kisan Nyay Yojna is the sixth agricultural programme on India's list of programmes. The Chhattisgarh government unveiled the programme on May 21, 2020, the anniversary of the former prime minister's passing.

Rajiv Gandhi's Privileges the Kisan Nyay Yojna

More than 18,000 farmers received transfers totaling Rs. 1,500 crore under this programme. It was the first payment under the Rs 5,750 crore programme, which benefited farmers who sowed 14 different kinds of crops.

Goal

This plan aims to give farmers more authority. Additionally, this programme guarantees a minimum wage for farmers in the state who plant crops throughout the one Rabi and thirteen Kharif seasons.

7. National Mission for Sustainable Agriculture

The National Mission For Sustainable Agriculture is the fifth programme on the list (NMSA). This agriculture Yojana was launched in 2014–15 with the goal of increasing agriculture's productivity, sustainability, profitability, and climate resilience.

National Mission for Sustainable Agriculture Privileges (NMSA)

This government programme for farmers aims to give farmers the tools they need for high-yielding, sustainable agriculture.

Goal

It attempts to advance integrated farming and sustainable agriculture, particularly in rain-fed areas, by increasing agricultural productivity. This plan also emphasizes resource conservation and control of soil health.

8. Paramparagat Krishi Vikas Yojana

The list's eighth programme is the Paramparagat Krishi Vikas Yojana (PKVY). The programme, which is part of the National Mission on Sustainable Agriculture's Centrally Sponsored Scheme (CSS) and Soil Health Management (SHM) extension, was launched in 2015. (NMSA). India's efforts to promote organic farming led to the creation of the Yojana.

PKVY Privileges

A target of 10,000 clusters of 50 acres each has been set under the Paramparagat Krishi Vikas Yojana to cover an area of 5 lakh acres between 2015–16 and 2017–18. This programme offers farmers financial assistance of Rs 50,000 per hectare every three years for use in organic production's certification, labeling, packaging, and shipping.

Goal

The Paramparagat Krishi Vikas Yojana (PKVY) seeks to increase the net income of farmers. Additionally, this government has programmes for farmers aimed at improving the agricultural industry and addressing the problems with organic farming and the soil.

9. E-NAM (national Agriculture Market)

E-NAM is the ninth scheme on the list (National Agriculture Market). With the passage of time, agriculture has become electric, and this plan is a superb illustration of it. The plan became a national electronic trading gateway on April 14, 2016. Additionally, the Small Farmers Agribusiness Association is in charge of implementing the programme, which is entirely sponsored by the federal government (SFAC).

Advantages Of E-NAM (National Agriculture Market)

The scheme's primary goal is to create a network out of all the Agri product marketing committees in India. Additionally, by ensuring improved price discovery, this new market method is transforming the agriculture markets.

Goal

Initially in regulated marketplaces, E-NAM seeks to establish a national e-market platform for transparent sale transactions and price discovery.

10. Pashu Kisan Credit Card Scheme

The Micro Irrigation Fund scheme is the final and tenth scheme on the list. Let's concentrate on raising livestock. It is the newest programme that the Indian government unveiled on September 21, 2020. Farmers in Haryana are the first in India to receive Pashu Kisan Credit Cards.

Benefits

Loans are provided to farmers through this programme to purchase cows, buffaloes, goats, etc. You must visit the nearest bank to apply for a Pashu Kisan Credit Card.