Central Government Schemes for Farmers
Farmers are the backbone of any country. We get to eat food because of them. It becomes the government’s sole purpose to provide for them. Every other year the Central Government of India launches a scheme for agriculture. These schemes play an important role in the farmer’s life and solve many problems of the farmers related to agriculture, farming and socio-economic. Apart from this, the central government also provides insurance schemes like tractor insurance etc. to support them financially in case their tractor breaks down and meets an accident. The insurance will provide financial aid to the farmers. Let us tell you about the Central Government schemes first. Read more
What is a Central Government Scheme?
The government launches these agriculture schemes for the betterment of the farmers. It helps create employment and wealth for the farmers as well as other citizens. These schemes come with a goal of innovation and develop new services. Even though the farmers put food on our table they are the ones who belong to the BPL category in India. They have no one but the government to look after them.
You might be interested in
The Necessity of Central Government Schemes for Farmers
With agriculture scheme comes a purpose of improving and helping the life and livelihood for the farmers as they provide us the means for living. Schemes provide privileges to the individual in their life. Since here we are talking about the betterment of farmers, the government has been launching agricultural schemes in India for farmers.
Farmer’s provide food security that becomes the base of the rural economy. In the first quarter of FY 2020-21, the Indian economy was registered 23.9% negative development and farming and agriculture was the only sector that fixed the monetary rebound with 3.4% development. This made farming and agriculture the most attractive area in the country.
So, here are some of the most significant schemes for farmers by the Central government in the agricultural sector.
Pradhan Mantri Krishi Sinchai Yojana
Water is the most important element that is required to farm a field. Farming is not possible without water and farmers required preserved water that they can use anytime and don’t have to wait for the rains.
With a vision to spread the water supply management and improve farm productivity and a slogan “Har Khet ko paani”, the government has decided to create the source, distribution of water, the board, field application as well as development exercises for the farmers. With this scheme, the central government of India resolves the need for water preservation.
Pradhan Mantri Fasal Bima Yojana
The Indian government has launched this scheme in the year 2016. The objective of this scheme is to provide financial support to the farmers who suffer crop loss or damage that came out of nowhere. Just like a tractor insurance policy which provides protection to the owner of the tractor from any unforeseen incident, this insurance scheme stabilizes the farmer’s income and makes sure that they can continue their farming.
Apart from the security of the corps, this scheme is launched to encourage farmers to take up new and innovative agricultural practices. This scheme will be implemented through some of the selected insurance companies under the guidance and control of the development of agriculture, corporation & farmer's welfare.
National Mission for Sustainable Agriculture
To make agriculture more sustainable and productive the Indian government launched this scheme. It is designed to optimize the utilization of water resources and manage the water efficiency so that it can be expanded for achieving more crop.
The government’s mission is to provide significant components and the objective is to increase the use of water by using modern age technologies. By modern technology means small irrigation method, efficient water consumption and better distribution of water and channels.
Paramparagat Krishi Vikas Yojana
Paramparagat Krishi Vikas Yojana is one of the most popular agricultural schemes by the ministry of agriculture. This scheme plans to encourage the farmers for organic farming by implementing a government scheme in India. It will be a big advantage for the Indian farmer.
Under this scheme, the central government of India plans to help the farmers financially with Rs. 50,000 per hectare every three years so that they can process organic farming, label, pack and transport. This scheme also focuses on the farmer’s welfare. By increasing organic manures, bio-pesticides and bio-fertilizers as much as possible, this scheme will help in reducing the excessive use of chemical fertilizers and agro-chemicals.
Kisan Credit Card
This scheme was launched by the Central Government of India in the year 1998. The objective of this scheme is to provide enough credit to the farmers so that they can use it in the expenditure of farming and agriculture. The government aims to provide farm credit at the rate of 4% per annum as a government subsidy. This scheme is a part of Atma Nirbhar Bharat Scheme.
Many farmers die every year in India due to a shortage of money, and the government wants to end the spree by providing Kisan Credit Card and help them in every way.
The central government wants the farmers to avail of the benefits provided under this scheme. Farmers can use the credit amount for their working capital. The Modi government has a goal of covering around 2.5 crore farmers under the Kisan Credit Card scheme and also planning to raise the limit from Rs. 1 lakh to Rs. 1.60 lakh of the existing free loans. The government wants the farmers of the country to be Self-sufficient so that they do not have to depend on anyone else.
The Central government launched these schemes for the betterment of the farmers of this country. Since India is primarily an agricultural country, it is our governement’s duty to serve them properly and take care of all their needs and requirements. Insurance schemes Pradhanmantri Fasal Bima Yojana is one of the most useful schemes that can help and provide financial aid to the farmers of the country in case of an unforeseen incident and there are insurance companies that provide tractor insurance and many other kinds of policies that can be very beneficial for the farmers of India.
Secure your commercial vehicle
Renew via self video inspection
Lowest premium starting ₹ 3,211
Standard T&C Apply.
Commercial Vehicle insurance articles
16 Sep 2022Due to easy commutes, and low fares, the demand for...
16 Sep 2022Buses are passenger-carrying heavy-duty commercial vehicles that...
07 Sep 2022Auto rickshaws have been the best mode of last-mile connectivity...
06 Sep 2022In India, you must have seen different types of commercial...
27 Jul 2022If you are planning to buy a private bus for setting up a transport...