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Government runs significant schemes that benefits farmers

Government runs significant schemes that benefits farmers

The government is implementing a variety of measures to empower farmers. Farmers gain directly from these strategies.

The government is running a variety of projects aimed at improving the economic conditions of farmers, as well as crop growth and sale. The basic goal of these projects is to empower the farmer. Today's MeriKheti post will provide you with information on such government-run projects that assist farmers.

The schemes being run for the empowerment of farmers are as follows:

PM Kisan Samman Nidhi Yojana

The government provides financial help of Rs 6,000 to farmer brothers under the PM Kisan Samman Nidhi Yojana each year. Under this system, farmers receive Rs 2,000 in their accounts every four months.

Prime Minister’s Crop Insurance Scheme

This strategy serves as a security blanket for farmers. The policy insures Rabi and Kharif crops. Rabi crops require a 1.5 percent premium, whereas Kharif crops require a 2% premium. Farmers might get compensation under the Bhai Scheme if they suffer significant losses.

Also to Read: Know how farmers are benefited through the Prime Minister Crop Insurance Scheme.

Prime Minister’s Agricultural Irrigation Scheme

The government has launched the Pradhan Mantri Krishi Sinchai Yojana to improve crop irrigation. The plan encourages farms to use drip and sprinkler irrigation systems. Farmers receive subsidies of up to 90%.

Kisan Credit Card

Farmer brothers require money for farming tasks. In such cases, the Kisan Credit Card Scheme is being implemented for them, allowing farmer brothers to obtain loans ranging from Rs 50,000 to Rs 3 lakh at moderate interest rates. Farmers receive loans of up to Rs 1,50,000 with no commitment. Aside from these programmes, Soil Health Card, National Food Security Mission, Agricultural Infrastructure Fund, e-NAM, and Rashtriya Krishi Vikas Yojana are being implemented.

A grant of 22303 crores in order to control the price of fertilisers

A grant of 22303 crores in order to control the price of fertilisers

Farmers will get fertilisers at the rate of 1350 rupees in rabi season as usual. The Indian government has also announced a grant of 22303 crore rupees for this. Actually, this information was given by the central minister of India, Anurag Thakur in a cabinet meeting to the media. With the sowing of rabi crops, it is a big challenge for farmers to fulfil the needs of fertilisers. 

Farmers face different issues due to the increase in the rate of fertilisers. But, on this Dussehra, the Indian government has stopped the inflation on fertiliser prices as a gift to the farmers. Farmers will get fertilisers this rabi season at the usual rate of 1350 per bag.The Indian government has also announced a grant of 22303 crore rupees for this. This information was given by the central minister of India, Anurag Thakur in a cabinet meeting to the media. 

The grant of 22303 rupees 

The Indian government has issued a subsidy of 22303 crore rupees to control the price of fertilisers in this rabi season to provide sympathy to farmers. After this announcement from the Indian government, farmers will get the fertilisers this rabi season at the previous rate of 1350 rupees per bag. For your reference let us know that the Indian government has strictly said no to increase the price of fertilisers.

Read this also: this kharif season, a record consumption of DAP and Urea has been observed.

What is the price right now 

In every season, some ups and downs are always seen in the prices of fertilisers. But, this rabi season the Indian government has gifted farmers with a big budget to maintain the balance in price of fertilisers. In a press conference, Cabinet minister Anurag Thakur said that in the upcoming season of rabi crops the base of grant will be nitrogen- 47.2 per kg, phosphorus- 20.42 rupees per kg, potash- 2.38 per kg, sulphur- 1.89 rupees per kg. Because of this rule of the government, farmers have been provided a grant of 22303 crore rupees.

What will be the price of each bag 

Farmers buy fertiliser according to each bag, and they also need  to pay for it on that basis. According to the cabinet minister, currently Ammonium phosphate (DAP) will be provided at previous rates that is 1350 rupees per bag. Along with this, nitrogen phosphorus and potassium (NPK) will be provided at a rate of 1470 per bag. According to the government, this step has been taken to provide farmers a big relief.