The Gist of Kurukshetra : PM on Doubling Farmers' Income -
July - 2017
- The reduction of input costs is the first element towards raising farm
incomes. Soil Health Card scheme, and the Pradhan Mantri Krishi Sinchai
Yojana are important steps towards reducing input costs.
- He also called for raising farm incomes through diversification in
farming activities. Along with crop growing, farmers could opt for timber
plantation along the edges of their fields, and also begin animal husbandry.
- The more the farmers are empowered, and financially enabled to stand on
their own feet, the stronger the country will become, and the faster will be
the pace of development.
- Rabi sowing is up by 6 per cent compared to last year. Fertilizer off
take is up by 9 per cent. During this period, the 'Government has taken care
to ensure that farmers do not suffer for want of access to seeds,
fertilisers and credit.
- Farmers who have taken loans for the Rabi crop from District Cooperative
Central Banks and Primary Societies, will not have to pay interest on such
loans for a period of 60 days. Farmers who have paid interest during the
last two months, will receive these amounts back, directly into their bank
- Arrangements are being made to provide farmers even better access to
loans from cooperative banks and societies. NABARD created a fund of 21,000
crore rupees. Government is adding 20,000 crore rupees more to it. The loss
that NABARD suffers by giving loans to cooperative banks and societies at
low interest rates, shall be borne by the Government of India.
- The Government will be give 3 crore farmers who have Kisan Credit Cards,
RuPay debit cards within three months. Kisan Credit Cards were launched in
1998, but so far, it was essential to go to a bank, to use them. Now,
farmers will have RuPay Debit Cards, which they can use anywhere.
- Government will focus its attention to proactively resolve the problems
in rural and remote areas, in order to restore the banking system to
normalcy in 2017.
- BHIM (Bharat Interface for Money) will connect the trading community,
and farmers to connect with BHIM as much as possible.
- The focus of the Budget 2017-18 is also on agriculture, rural
development and infrastructure which is also a reflection of the
Government's commitment to raise investment and create employment
opportunities and therefore ,the allocation for the schemes in these
categories has been hiked substantially.
- The next revolution in Indian agriculture has to be built on technology
and modernization, and the eastern part of India has maximum potential to
achieve it. The Government is working towards this goal.
Courtesy : Kurukshetra
HOT! UPSC GS STUDY Kit Offer (1000/- Off)
For Study Materials Call Us at +91 8800734161 (MON-SAT 11AM-7PM)