Modi government

By using the Kisan Credit Card, farmers can get loans at low interest rates. For this, they will have to go to the bank and submit the documents given here. The government has run various schemes to help the farmers. Lakhs of farmers across India are also getting benefits from the support of these schemes. Kisan Credit Card Scheme is being run so that the farmers do not have to face financial problems during agriculture. Under the scheme, a loan facility is also being provided to the farmers.

For your information, let us tell you that earlier there was a provision to provide benefits under the scheme only to farmers doing farming. But, at present, farmers engaged in fish farming and animal husbandry are also being given benefits under this scheme. Apart from crop management, farmers can also take loans for dairy work and purchase pump sets, etc. Under this scheme, the government has made arrangements so that there is not much interest pressure on the farmers. Due to an increase in interest, the cost of farming also increases, due to which farmers get trapped in the burden of debt. To save the farmers from this, much less interest is charged on KCC than the regular loans of banks.

Documents required for the agricultural loan at low interest.

Farmers, if you want to take an agricultural loan at low interest, then you need to have identity proof such as a voter ID card, driver's license, Aadhar card, PAN card, etc. Along with this, it is also very important to have land documents and a passport-size photograph of the applicant.

 Also read: Good news: Finance Minister launches Kisan Loan Portal, now subsidized loan will be available easily

Farmers apply like this

Kisan Credit Card will be issued to the farmers after submitting the certificate, photo, and filled application form to the bank. KCC will be issued within 15 days of submission of the application form.

The interest rate of a KCC loan ranges from two percent to an average of 4 percent.

KCC loan interest starts from two percent. On average it goes up to 4 percent. The interest rate also depends on how much time the farmers can repay the KCC loan. If the farmers pay within a short time, they can get a loan of up to Rs 3 lakh at a very easy rate of 4 percent. Along with this, farmers also get the benefit of insurance.

Farmers currently get the benefit of insurance coverage for their crops under the Prime Minister Crop Insurance Scheme. Also, farmers can get the benefit of insurance coverage for ponds, tractors, cattle, etc. under this scheme.

The central government is preparing to give a new gift to the farmers of India. According to media reports, efforts are being made by the Central Government to increase the benefits provided to farmers under the Prime Minister Crop Insurance Scheme. Because of this, farmers are likely to get relief soon. For information, let us tell you that under the Prime Minister Crop Insurance Scheme, currently, farmers get the benefit of insurance coverage for their crops. Modi government is currently making preparations to increase the scope of this insurance scheme. In the next few days, farmers can get the benefit of insurance coverage for ponds, tractors cattle, etc. under this scheme.

Positive Improvements in Prime Minister Crop Insurance Scheme

The central government led by PM Narendra Modi is soon preparing to give a special gift to the farmers across the country. News agency PTI has made this claim through government officials. For your information, let us tell you that it has been said in the report that the Central Government is trying to expand the scope of profits beyond crops under the Prime Minister Crop Insurance Scheme. Under this, preparations are underway to bring properties like ponds, tractors, cattle, palm trees, etc. under the crop insurance scheme.

Also read: Crop insurance and its benefits for farmers

Possibility of giving a new look to the portal

The Central Government may redesign the Pradhan Mantri Fasal Bima Yojana portal to expand the scope of the PM Crop Insurance Scheme. Pradhan Mantri Fasal Bima Yojana portal can be developed as a comprehensive platform. This will enable farmers to benefit from insurance coverage on assets other than crops. The government can easily make a provision of Rs 30 thousand crore for this.

Also read: Important Schemes Being Run by the Government in the Interest of Farmers

Farmers can get help from this app

Let us tell you that according to the report, this campaign of PMFBY can be further developed through AIDA. The AIDA app was launched in July this year. Under this app, registration of people will be done from door to door, so that PMFBY can be made more accessible to the farmers. Through this app, insurance intermediaries will not only be able to enroll farmers for crop insurance but will also be able to provide benefits of non-subsidy schemes to 4 crore farmers.

The Modi government can soon provide a big gift to women farmers. According to sources, in the interim budget to be presented on 1 February, the government may announce the doubles of the Pradhan Mantri Kisan Samman Nidhi Yojana for women farmers. Before the Lok Sabha elections, the Modi government is preparing to give a big gift to women farmers. The central government can double the amount of Pradhan Mantri Kisan Samman Nidhi Yojana for women farmers. That is, 12 thousand rupees will now come in the account of women farmers. Under PM Kisan Yojana, at present, 6000 rupees are provided to small and marginal farmers, who reach the accounts of farmers in three instalments of two thousand rupees. This is a kind of financial assistance that is given by the government to help small farmers.

Government preparations to get support of women from the scheme

In the assembly elections of 5 states of the country, the people have given confidence in the election promises of Chhattisgarh, Rajasthan and Madhya Pradesh, giving the BJP an unexpected victory. In this, the BJP supported the success of "Ladli Bahna" and "Ladli Laxmi Yojana" and women in the elections of MP. Taking a lesson from this, the Central BJP government is now moving towards doubling their honour fund to get the support of women farmers of the country.

Also read: Now Kisan will be able to do the e-KYC process of Pradhan Mantri Kisan Samman Nidhi Yojana with the app

Government can announce in the upcoming budget in February

According to sources in the Ministry of Agriculture, preparations are being made to implement the Pradhan Mantri Kisan Samman Nidhi Yojana in a new category in the budget. Under this, the honour fund of women farmers can be increased from Rs 6 thousand to Rs 12 thousand. It can be announced in the upcoming interim budget, which will be introduced on 1 February. According to media reports, the Ministry of Agriculture and the Ministry of Finance have completed all its preparations. In this regard, details of women farmers, owners of land holding land, have also been invited from all the states. The rest of the aspects, including additional burden on the government treasury, have been considered by its analysis. However, till now neither the ministry nor the government has made any official announcement on this.

Will the government budget be affected by this?

According to government data, Indian farmers is about 26 crore in the 1.40 billion population. The share of women farmers in this is about 60 % percent. At the same time, only 13% of these women farmers have farming land in the name of women farmers. Meaning that only 13 percent of women farmers keep land holding. If the honour fund of women farmers is doubled, then the central government will have to bear an additional burden of Rs 12 thousand crore. The Central Government's estimated budget is about $ 550 billion. Accordingly, the additional burden of Rs 12 thousand crore will not affect the budget structure much.