5 schemes of Modi government will benefit farmers

5 schemes of Modi government will benefit farmers

Government of India is working on a variety of schemes to increase the income of farmers. Under which the confidence of farmers will be strengthened both financially and mentally. These schemes are meant to strengthen and strengthen the farmers from all sides. Every farmer should know and understand these schemes. So that they can take advantage of it in the true sense. Farmers can also check with their nearby banks and health centers to know about the schemes.

Soil Health Card (SHC) Scheme

Under this scheme, farmers can find large and small nutrients available in their soil. This will help in the proper use of fertilizers and improve soil fertility. Neem-coated urea has been promoted to control the use of urea, increase its availability for crops and reduce fertilizer costs. The entire quantity of urea manufactured and imported domestically is now with neem coating.

Conventional Agricultural Development Scheme 

Traditional Agricultural Development Scheme (PKVY) is being implemented to promote organic farming in the country. This will help improve soil health and organic matter and increase farmers' income.

Pradhan Mantri Krishi Irrigation (PMKSY) scheme

implemented to increase the area under irrigation, which can provide irrigation in any condition, reduce water wastage, better use of water.

National Agricultural Marketing Scheme (E-NAM) 

The National Agricultural Marketing Scheme was launched on 14 April 2016. This scheme will enable the introduction of e-marketing platform at the national level and create such an infrastructure that will facilitate e-marketing in 585 regular markets of the country by March 2018. Till date 455 markets across 13 states have been linked to e-NAM. This innovative marketing process will help in bringing better prices, bringing transparency and creating competition, thereby enabling farmers to get better remuneration for their produce and moving in the direction of 'one nation one market'.

The Prime Minister's Crop Insurance Scheme (PMFBY)

Implemented from the Kharif season 2016 and is available to farmers at a low premium. The scheme will provide insurance cover for all stages of the crop cycle including post-harvest risks in some cases. The government offers an interest subvention of 3 percent on short-term crop loans up to Rs 3 lakh. At present, loans are available to the farmers at an interest rate of 7 percent per annum, which is reduced to 4 percent on immediate payment.

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