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Top Government Schemes for Farmers to Promote Agriculture in India

The Government aims to maximize farm output and generate employment in the agriculture sector. To attain this aim, it plans to introduce various schemes and plans for the benefit of the farmers. The central Government's goal is to develop innovative services that tend to increase the employment rate and improve agriculture output.

Why are Government Schemes Necessary?
Most of India's population depends on agriculture and allied activities for their livelihood. Government schemes are essential to provide better and sustainable livelihood to its citizens. Like any other sector, agriculture also needs the Government's attention. Schemes introduced by the Government help the farming community plan and organize their farming activities prudently. During the days of complete lockdown, the Indian economy suffered a drawback by recording almost 24 percent negative development during the prior quarter of FY 2020-21. BMSSY was the only sector with a positive growth of 3.4 percent.

Top Government Schemes for Farmers

E Ganna
With the help of the E Ganna App, all sugarcane agriculturalists can get all the information related to their supply of sugarcane through this app with one click on their smartphones. All the information on the app is authentic, as it is monitored and provided directly by the sugarcane department's official database. The app would measure the crop, evaluate its value in the presence of the farmer, and record their payment by the mills within a specified period. With the help of e ganna app farmers get to know in advance how much sugarcane they are growing for that season and can assess the cost of it. Moreover, Sugar mills can transfer the payment directly into their accounts.

Meri Fasal Mera Byora Scheme 2023
Under this scheme, the Government provides complete information about agriculture equipment subsidies. In simple words, the Government aims to provide subsidies for agricultural equipment. Under the Fasal Haryana scheme, the Government aims to provide benefits to the farmers of 07 lakh 26 thousand. The Meri Fasal Mera Byora scheme was a unique step for the availability of all government facilities and troubleshooting for the growers in one place and providing subsidies for food, seeds, loans, and agricultural equipment on time. And provide help at the right time during natural calamities.

Kisan Credit Card Yojana
The Kisan Credit Card scheme was launched to provide short-term formal credit to farmers and was created by National Bank for Agriculture and Rural Development. The KCC scheme was introduced to ensure that the credit needs for farmers in the agriculture, animal husbandry, and fisheries sectors were met. This is done by helping them avail of short-term loans and providing them with a credit limit to purchase equipment and other expenses. Moreover, with the help of KCC, agriculturists are exempt from the high-interest rates of the regular loans offered by banks as the interest rate for KCC initiates as low as 2% and averages at 4%. With the use of Kisan Credit Cards farmers can get a convenient repayment period of up to 12 months to pay off the loan amount quickly and based on the repayment history, credit limits can also be increased. Farmers with decent repayment records can apply for a higher credit limit to manage the inflating and farming costs. Moreover, as a Kisan Credit Card holder, you also get insurance benefits of up to ₹50,000 due to accidental death, permanent disabilities, and other financial losses arising from accidents.

The Fasal Rahat Yojana
The goal of the JRFRY is to give financial assistance to state agriculturalists for crops damaged by natural disasters and to promote advanced crops. The farmers' crop loan will be forgiven by the Government. Jharkhand Fasal Rahat Yojana 2023 essentially provided financial assistance to farmers for crop damage caused by natural calamities such as floods, drought, cyclones, earthquakes, or any other natural calamity. In Rajya Fasal Rahat Yojana Agriculturalists are compensated for crop losses under this crop insurance scheme. And one of the primary benefits of the scheme is that it improves farmers' income, letting them continue farming and the scheme will ensure a constant flow of funds for agricultural work. Moreover, the state government will transfer the assistance amount straight to the bank accounts of the growers in DBT mode for crop loss.
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