Discover the top 5 government schemes in India designed to support farmers' financial security and agricultural development. These initiatives offer financial aid, low-interest loans, insurance, and irrigation facilities.
Government schemes: The government has launched several schemes in India to ensure the financial security of farmers and promote agricultural development. These initiatives aim to provide financial assistance, low-interest loans, insurance coverage, and advanced irrigation facilities. If you're a farmer, it's essential to be aware of these top five government schemes to maximize their benefits.
1. Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana
• Under this scheme, financial assistance of Rs 6,000 is directly transferred to the bank account of the farmers every year.
• Small and marginal farmers can avail its benefits.
• Register on pmkisan.gov.in to apply.
2. Pradhan Mantri Fasal Bima Yojana (PMFBY)
• The objective of this scheme is to provide insurance protection to the farmers in case of crop failure.
• If the crop is destroyed due to drought, flood, natural disaster, pest attack or other reasons, the government compensates the farmers.
• Farmers can apply at their nearest bank, CSC center or pmfby.gov.in.
3. Kisan Credit Card (KCC) Yojana
• In this scheme, farmers can get loan at an interest rate of 4%.
• Farmers can use this loan for seeds, fertilizers, agricultural equipment and other agricultural works.
• To avail the benefits of this scheme, apply at a bank or nearest Common Service Center (CSC).
4. Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
• Under this scheme, farmers are given subsidies for drip irrigation, sprinkler and water management.
• Its objective is to promote more production with less water.
• Visit pmksy.gov.in for more information.
5. Rashtriya Gokul Mission
• This scheme has been created to improve the breed of cows and buffaloes and increase milk production.
• Under this scheme, animal herders get financial assistance and benefits of breeding centres.
• Cattle rearers can get more information on agriculture.gov.in.
Who can avail the benefits of these schemes?
1. Small and marginal farmers
2. Crop growing farmers (Agriculture Farmers)
3. Dairy and animal herder farmers (Dairy Farmers)
4. Agriculture related startups and entrepreneurs
Apply now and avail the benefits of these government schemes!
Last Updated Mar 10, 2025, 9:03 AM IST