Government Schemes: These 5 schemes of the government are no less than a boon for farmers, know the details

Government Schemes: India is an agricultural nation where a sizable portion of the populace still relies on farming. In order to improve the farmers’ economic, technical, and social standing, the central government is implementing a number of programs. In addition to offering cash assistance, these programs modernize and secure farmland.

Prime Minister Kisan Samman Nidhi

For small and marginal farms, this program is nothing short of a blessing. Every year, the government gives farmers Rs 6,000 in cash aid straight into their bank accounts under the Pradhan Mantri Kisan Samman Nidhi Yojana. Three payments of Rs 2,000 to Rs 2,000 are made for this sum. This program’s primary goal is to increase farmers’ incomes and provide them with some respite from the expenses of farming. One of the unique features of this plan is the ease of registration.

Prime Minister Crop Insurance Scheme

For farmers, crop failure is the main worry. The crop is sometimes destroyed by hailstorms, droughts, or floods. The Pradhan Mantri Fasal Bima Yojana has proven to be a powerful safeguard for farmers in such circumstances. This program allows farmers to insure their crops and get compensation in the event that a natural catastrophe, insect, or disease damages the crop. Because of its very cheap pricing, any farmer may readily afford it.

Agriculture Infrastructure Fund

The Agriculture Infrastructure Fund was established by the government to enhance farming and expand storage facilities. Under this, farmers, agricultural enterprises, FPOs, and others may get loans at reasonable interest rates. They may utilize this to purchase packing facilities, cold storage facilities, warehouses, and farm equipment. This raises the cost of agricultural goods while also improving their storage.

Soil Health Card Scheme

Farmers may learn more about the condition of their land’s soil via the Soil Health Card Scheme. The government-issued Soil Health Card indicates which fertilizers are required and which nutrients are deficient in the soil. Farmers may use this to determine which crop is best for their field and how much fertilizer to apply. This lowers costs while also increasing productivity.

Kisan Credit Card

The government launched the Kisan Credit Card Scheme in response to the farmers’ urgent demands. Under this program, the farmer receives a low-interest loan to purchase irrigation equipment, seeds, fertilizer, pesticides, and other supplies. When necessary, this card also offers emergency cash support. Farmers may continue cultivating hassle-free by taking advantage of this.