Numerous government initiatives are currently available for farmers in India, offering support such as financial aid, crop insurance, and loan waivers. Today, we will highlight five of the most effective government schemes designed for farmers.
1. Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme: This program provides farmers with an annual financial support of Rs 6,000.
2. Pradhan Mantri Fasal Bima Yojana (PMFBY): This scheme offers compensation to farmers if their crops suffer damage due to various factors like drought, floods, pests, or other natural disasters.
3. KCC (Kisan Credit Card) Scheme: Farmers can access loans at a low-interest rate of 4% through this scheme, enabling them to buy seeds, fertilizers, and necessary equipment.
4. Pradhan Mantri Krishi Sinchai Yojana (PMKSY): This initiative provides subsidies for farmers to invest in drip irrigation, sprinklers, and effective water management systems.
5. The Rashtriya Gokul Mission offers several advantages aimed at enhancing the quality of cows and buffaloes. By focusing on better breeding practices, this initiative boosts milk production and provides financial gains for livestock farmers.
Kisan Diwas, or National Farmers’ Day, is observed on December 23rd in honor of the birth anniversary of former Prime Minister Chaudhary Charan Singh. This special day is dedicated to acknowledging the vital role that farmers play in our economy, celebrating them as its backbone. It also highlights their significant contributions to the socio-economic progress of the nation.