AGRICULTURE SUBSIDIES IN INDIA

9 nine important government schemes in agriculture sector

Government schemes: These are the most important agriculture schemes introduced by the govenment

National Mission For Sustainable Agriculture (NMSA)

National Mission for Sustainable Agriculture (NMSA) has been formulated for enhancing agricultural productivity especially in rainfed areas focusing on integrated farming, water use efficiency, soil health management and synergizing resource conservation.

NMSA will cater to key dimensions of ‘Water use efficiency’, ‘Nutrient Management’ and ‘Livelihood diversification’ through adoption of sustainable development

E-NAMNational Agriculture Market (eNAM) is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.Small Farmers Agribusiness Consortium (SFAC) is the lead agency for implementing eNAM under the aegis of Ministry of Agriculture and Farmers’ Welfare, Government of India. Bring ease of operation in agriculture marketing by streamlining procedures across the integrated markets, bringing sellers closer to buyers , promote trading at factual prices based on actual demand and supply and end exploitation .

Pradhan Mantri Krishi Sinchai Yojana (PMKSY)

Har Khet ko Pani “Prime Minister Krishi Sinchayee Yojana”

Pradhan Mantri Krishi Sinchai Yojana (PMKSY) has been formulated with the aim of extending coverage of irrigation ‘Har Khet ko pani’ and improving water conservation techniques. ‘More crop per drop’ in a focused manner with end to end solution on water retention, distribution, management and increase in crop production.

Paramparagat Krishi Vikas Yojana (PKVY)

The Paramparagat Krishi Vikas Yojana (PKVY), an initiative to promote organic farming in the country, was launched by the NDA government in 2015.

According to the scheme, farmers will be encouraged to form groups or clusters and take to organic farming methods over large areas in the country. The aim is to form 10,000 clusters over the next three years and bring about five lakh acres of agricultural area under organic farming. The government also intends to cover the certification costs and promote organic farming through the use of traditional resources.

Pradhan mantri Phasal Beema Yojana (PMFBY) is a government sponsored crop insurance scheme that integrates multiple stakeholders on a single platform.

Objectives

1. To provide insurance coverage and financial support to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.

2. To stabilise the income of farmers to ensure their survival in farming.

3. To encourage farmers to adopt innovative and modern agricultural practices.

4. To ensure flow of credit to the agriculture sector

Gramin Bhandaran Yojna

Objective of this Scheme:

  • Create scientific storage capacity with allied facilities in rural areas.
  • To meet the requirements of farmers for storing farm produce, processed farm produce and agricultural inputs.
  • Promotion of grading, standardization and quality control of agricultural produce to improve their marketability.
  • Prevent distress sale immediately after harvest by providing the facility of pledge financing and marketing credit by strengthening agricultural marketing infrastructure in the country
  • Livestock insurance Scheme

This scheme aims to provide protection mechanism to the farmers and cattle rearers against any eventual loss of their animals due to death and to demonstrate the benefit of the insurance of livestock to the people and popularize it with the ultimate goal of attaining qualitative improvement in livestock and their products.

National Scheme on Welfare of Fishermen

This scheme was launched to provide financial assistance to fishers for construction of house, community hall for recreation and common working place. It also aims to install tube-wells for drinking water and assistance during lean period through saving cum relief component.

Micro Irrigation Fund (MIF)

The government approved a dedicated Rs5,000 crore fund to bring more land area under micro-irrigation as part of its objective to boost agriculture production and farmers income.

The fund has been set up under NABARD, which will provide this amount to states on concessional rate of interest to promote micro-irrigation, which currently has a coverage of only 10 million hectares as against the potential of 70 million hectares

Union Budget 2022-23 For The Agriculture Sector:

ON February 1st 2023, Finance Minister Nirmala Sitharaman presented the Union Budget 2023–24. In her opening remarks, she estimated that the Indian economy would advance by 9.2% in the current fiscal year, the highest among all large economies. While being a blueprint for Amrit Kaal, which indicates the 25-year-long lead-up to India’s 100th year of independence, the Budget prioritizes four pillars of development: 

  1. PM GatiShakti, a transformative approach for economic growth and sustainable development
  2. Inclusive development
  3. Productivity enhancement & investment, sunrise opportunities (in sectors including agritech, deep-tech, digital economy, and pharma), energy transition, and climate action
  4. Financing of investment
  5. The total budget allocated to the Department of Agriculture and Farmers’ Welfare stands at ₹1.24 lakh crores, a considerable 3.1% of the total projected expenditure for 2022-23

Direct payment of MSP to farmers

The Budget has earmarked ₹2.37 lakh crores as direct payments as MSP (minimum support price) to 163 lakh wheat and paddy farmers. Wheat procurement in Rabi 2021-22 and the estimated paddy procurement in Kharif 2021-22 will cover 1208 lakh metric tons of the two crops.

International Year of Millets

In line with The United Nations (UN) General Assembly declaring 2023 as the International Year of Millets, the Finance Minister has announced support for the post-harvest value addition of millets to enhance domestic consumption, along with support for branding millet products nationally and internationally. Notably, India is one of the largest global producers of millet.

The UN made the announcement in March 2021, recognizing the significance of cultivating millets

 for both nutrition and the livelihoods of families and small-scale farmers. As a viable and resilient crop for climate-adverse environments, the UN underlines the urgent need to increase awareness of its nutritional benefits and advocate for diversified, balanced, and healthy diets through increased sustainable production and consumption. 

Boost to domestic production of oilseeds

The Budget assures the implementation of a rationalized and comprehensive scheme to boost the domestic production of oilseeds, intending to reduce the country’s dependence on imports. 

Nearly two-thirds of India’s oilseed needs depend on imports. Until recently, the annual import of edible oil averaged 1.5 crore tons compared to domestic production of close to 80 lakh tons. This Budget proposal is in line with the vision for Atma Nirbhar Bharat (self-reliant India), thereby ensuring the edible oil security of the nation.

Apna Samaaj

Our mission at Apna Samaaj is to connect underprivileged communities in India with the resources and opportunities they need to thrive. We aim to create a comprehensive platform that provides access to welfare schemes from government bodies and NGOs, as well as private organizations, helping to bridge the gap between those in need and those who can provide support. Through our efforts, we strive to empower individuals and communities, drive economic growth, and make a positive impact on society.