Top six Schemes for empowering farmers launched by the Government of India

Top six Schemes for empowering farmers launched by the Government of India

Farming and agriculture are pivotal in India's economy, leading the government to offer substantial industry support. Government initiatives present funding and professional support for improving the agriculture sector. Our Govt. of India is continuously introducing new subsidy schemes for prioritizing agriculture.

?Understanding the array of agricultural schemes is important to tap into these benefits. This document introduces India's agriculture schemes and the key advantages of these government subsidies.

PM-KISAN is a central sector scheme launched on 24th February 2019 to supplement the financial needs of land-holding farmers, subject to exclusions. Under the scheme, the financial benefit of Rs 6000/- per year is transferred in three equal four-monthly installments into the bank accounts of farmers' families across the country through Direct Benefit Transfer (DBT) mode.

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Check this link for more details –?www.pmkisan.gov.in/?

This scheme launched in 2016, PMFBY offers accessible crop insurance with full coverage against non-preventable natural risks from pre-sowing to post-harvest, ensuring sufficient claim amounts. It's demand-driven and open to all farmers.

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Check this link for more details –?www.pmfby.gov.in/

The Soil Health Card evaluates present soil health and tracks changes influenced by land management practices. Displaying soil health indicators and descriptive terms, the card is grounded in farmers' local knowledge and highlights assessable indicators without technical tools.

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Check this link for more details: https://www.india.gov.in/spotlight/soil-health

Paramparagat Krishi Vikas Yojana (PKVY) focuses on creating sustainable organic farming models by blending traditional wisdom with modern science for lasting soil fertility, resource preservation, climate adaptation, and chemical-free, wholesome food production. Its core objective is enhancing soil fertility for healthy organic food cultivation and avoiding agro-chemicals.

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Check this link for more details: https://dmsouthwest.delhi.gov.in/schemes/

The Interest Subvention Scheme (ISS) offers subsidized short-term agricultural loans to farmers engaged in crop cultivation, animal husbandry, dairying, and fisheries. It grants a 7% per annum interest rate for one-year short-term crop loans up to Rs. 3.00 lakh, and an additional 3% subvention is given for punctual repayment, effectively lowering the interest rate to 4% per annum. In natural disasters, small and marginal farmers with Kisan Credit Cards (KCCs) can access ISS benefits for post-harvest loans using Negotiable Warehouse Receipts (NWRs) for six months.

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Check this link for more details: https://www.nabard.org/content1.aspx?id=602&catid=23&mid=23

Launched by the Indian government in 2015, the Pradhan Mantri Krishi Sinchai Yojana is a centrally funded program aimed at boosting agricultural yield and promoting optimal water usage. The scheme primarily focuses on expanding irrigated land and enhancing water efficiency by implementing a range of components and measures.

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Check this link for more details:: https://pmksy.gov.in/

This information is about top six government schemes for farmers in India. For more information about government Agriculture schemes or government subsidy schemes for farmers, agriculture-related schemes in India, irrigation schemes in India, and many other schemes, stay connected with LCB Fertilizers.

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