Government schemes for farmers – Benefits, Apply, Status Check

Government schemes for farmers

The Government of India runs several Government schemes for farmers to support agriculture industry. Agriculture remains the backbone of India’s economy, employing over 50% of the nation’s workforce. Government schemes for farmers provide financial support, subsidies, and modern technology whenever possible. These schemes aim to increase farmers’ income and create awareness about modern farming.

The central and state governments have launched various beneficial schemes for farmers, ranging from financial assistance to providing agricultural equipment. These scheme also provide financial assistance is also provided to farmers. Crores of Indian farmers miss out on government benefits every year. 

Let us take a look at the major schemes which are playing an important role in strengthening the economic condition of the farmers. Let’s explore the top government schemes for farmers in India.

Government Schemes for Farmers in India

Scheme NameLaunch Year
PM-Kisan Samman Nidhi2018
Pradhan Mantri Fasal Bima Yojana (PMFBY)2016
Kisan Credit Card (KCC)1998
PM-KUSUM Scheme2019
Agriculture Infrastructure Fund (AIF)2020
Pradhan Mantri Kisan Maan-Dhan2019
Soil Health Card Scheme2015
Paramparagat Krishi Vikas Yojana (PKVY)2015
Pradhan Mantri Krishi Sinchai Yojana (PMKSY)2015
e-NAM (National Agriculture Market)2016

Sukanya Samriddhi Yojana Registration, Benefits, Interest Rate

Pradhan Mantri Fasal Bima Yojana (PMFBY)

Agriculture is always a risky business. Natural disasters, such as floods, droughts, or pest attacks, can ruin farmers’ hard work. Therefore, the Pradhan Mantri Fasal Bima Yojana provides crop protection. It offers coverage from sowing to post-harvest, reducing risk and stabilising income. This allows farmers to receive financial assistance in the event of crop failure. Register via local banking institutions, through insurance corporations, or on the internet.

Kisan Credit Card Schemes (KCC schemes)

Providing timely financial assistance for agricultural work is one of the most pressing needs of farmers. Therefore, the central government has launched the Kisan Credit Card Scheme, under which loans are provided to farmers at concessional interest rates. Through this, farmers can buy seeds, fertilizers, pesticides, or agricultural equipment. It helps in getting subsidised loans to the farmers for agriculture and allied activities such as:

  • Post-harvest expenses
  • Short-term requirement for cultivation of crops
  • Working capital to maintain farming assets
  • For personal consumption of the farming household

PM Kisan Samman Nidhi (PM-KISAN)

The Pradhan Mantri Kisan Samman Nidhi Yojana has been launched to ensure farmers’ financial security in their old age. Eligible farmers receive a direct payment of ₹6,000 annually, split into three equal payments of ₹2,000 each. This scheme not only strengthens farmers’ economic position but also provides social security.

Namo Drone Didi Scheme

The Namo Drone Didi Scheme aims to promote technological innovation in agriculture and empower women. The scheme aims to strengthen the economic well-being of women self-help groups (SHGs) in rural areas by providing them with drones. Farmers can use drones to spray pesticides, monitor soil, and inspect crop conditions.

PM-KUSUM Scheme

Pradhan Mantri Kisan Urja Surakshaevam Utthaan Mahabhiyan Yojana subsidizes farmers to install solar irrigation pumps for cultivation. Under this scheme, solar pumps are being provided to farmers for crop irrigation. Each farmer will receive a 60% subsidy to set up tube wells and pump sets. The Scheme has the objective of increasing solar capacity up to 34,800 MW by March 2026.

Agriculture Infrastructure Fund

Agriculture Infrastructure Fund offer a medium-to-long term debt financing facility for investment in feasible projects. It focuses on empowering Indian’s agriculturists, enabling them to upgrade their post-harvest management. Encouraging private sector investments in agriculture.

With the right awareness and guidance, farmers can take full advantage of these government initiatives. These schemes aim to strengthen farmers’ economic status, increase their self-reliance and self-confidence, and also connect them with modern farming.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top