Thanks to its pro-farmer policies, the Narendra Modi government after three years in power is on track to fulfil its promise of doubling farm incomes by 2022.
The steps taken by the Government are helping the farmers in a multitude of ways; from easy availability of fertilizers to improving irrigation facilities, from crop insurance scheme to easy access to credit, from scientific help to better price for their produce. As a result of very good rainfall during monsoon 2016 and various policy initiatives taken by the Government, the country has witnessed record foodgrain production in the current year.
Adequate funds have been released to all States, funds amounting to Rs 23.89 crore, Rs 96.44 crore and Rs 126.47 crore have been released during 2014-15, 2015-16 and 2016-17 respectively under the scheme.
Long queues for fertilisers are history now. The Govt is ensuring easy availability of fertilisers for farmers. Prices of fertilisers have also been reduced significantly. 100% Neem coated urea is available in the country. This will improve fertilizer use efficiency by 10 to 15 percent and thereby reduce the consumption of urea fertilizer.
Govt approved Rs 18,276 crore towards interest subvention of farmer loans. This will ensure that a farmer pays 4% interest for short term crop loans, 7% for post harvest loans, 7% in case of natural calamity, against the market rate of 9%.
Pradhan Mantri Krishi Sinchai Yojana to be implemented in mission mode & 28.5 lakh hectares will be brought under irrigation. Out of 99 priority irrigation projects, 21 projects, with a total irrigation potential of 5.22 lakh hectares are likely to be completed by June 2017. An additional 45 priority projects in the States of Maharashtra, Madhya Pradesh and Odisha, are progressing well, and are likely to be completed ahead of schedule.
Support & Guidance
Scientific advice in the form of sms and calls have been sent to crores of farmers.
Pradhan Mantri Fasal Beema Yojna
The PMFBY comes with the lowest ever premium rate for farmers. The PMFBY comes with One rate for One crop i.e. Kharif crops: 2 %, Rabi crops: 1.5 %, Horticulture Crops: 5 %. There is no capping on premium rates & no reduction in sum insured, thus ensuring full protection for farmers. Since independence, only around 20% farmers have been covered under insurance till now. PMFBY targets 50% coverage in next 3 years.
Agriculture marketing is administered by the States as per their agri-marketing regulations, under which, the State is divided into several market areas. This fragmentation of markets hinders free flow of agri commodities from one market area to another and ends up escalating the prices for the consumers without commensurate benefit to the farmer. e-NAM addresses these challenges by creating a unified market through online trading platform, both, at State and National level and promotes uniformity, streamlining of procedures across the integrated markets, removes information asymmetry between buyers and sellers and promotes real time price discovery, based on actual demand and supply, promotes transparency in auction process, and access to a nationwide market for the farmer, with prices commensurate with quality of his produce and online payment and availability of better quality produce and at more reasonable prices to the consumer.
e-Krishi Samvad is internet-based interface and is a unique platform that will provide direct and effective solutions to the problems faced by farmers and stakeholders in the agriculture sector.
People can directly connect to the ICAR website http://icar.org.in and get the appropriate solutions from the subject matter specialists and institutes through web or SMS. Stakeholders can upload photographs related to diseases of the crops, animals or fishes for diagnostics and remedial measures instantly from the specialists.
The Cabinet Committee on Economic Affairs, has given its approval for re-structuring the schemes of the Ministry of Food Processing Industries (MoFPI) under new Central Sector Scheme – SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters).
The implementation of SAMPADA will result in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet. It will not only provide a big boost to the growth of food processing sector in the country but also help in providing better prices to farmers and is a big step towards doubling of farmers’ income. It will create huge employment opportunities especially in the rural areas. It will also help in reducing wastage of agricultural produce, increasing the processing level, availability of safe and convenient processed foods at affordable price to consumers and enhancing the export of the processed foods.
Interest waiver on farm loans:
Seeking to minimize the impact of demonetisation, Prime Minister Narendra Modi in December last year, announced a 60-day interest waiver for farmers who have taken loans from district co-operative banks and primary societies.