Updates

Govt Policy

1. National Cooperative Policy

Overview: The Government of India is formulating a new National Cooperative Policy to promote cooperative-based economic development, deepen the reach of cooperatives to the grassroots level, and strengthen the cooperative movement across the country.

Objective: To provide a systematic framework for the all-round development of the cooperative sector, enhancing its role in boosting the rural economy and generating employment opportunities.

Learn More:National Cooperative Policy

2.Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

Overview: A central sector scheme providing income support of ₹6,000 per year to small and marginal farmer families, payable in three equal installments.

Objective: To supplement the financial needs of farmers in procuring various inputs to ensure proper crop health and appropriate yields.

Learn More:PM-KISAN Scheme

3. Pradhan Mantri Fasal Bima Yojana (PMFBY)

Overview: A crop insurance scheme that provides coverage to farmers against natural calamities, pests, and diseases, ensuring financial support in the event of crop failure.

Objective: To stabilize farmers' incomes, encourage them to adopt innovative practices, and ensure the flow of credit to the agriculture sector.

Learn More:PMFBY Scheme

4. Formation and Promotion of 10,000 Farmer Producer Organizations (FPOs)

Overview: A central sector scheme launched in 2020 with a budgetary outlay of ₹6,865 crores, aiming to form and promote 10,000 FPOs across the country.

Objective: To provide small and marginal farmers with a platform to collectively address challenges related to agricultural production and marketing, thereby enhancing their income and ensuring better access to resources.

Learn More:FPO Scheme

5. Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM)

Overview: Launched in 2019, this scheme aims to provide financial and water security to farmers by installing solar pumps and grid-connected solar power plants in the agriculture sector.

Objective: To enable farmers to generate income by selling surplus solar power to the grid, reduce their dependence on diesel-based irrigation systems, and promote the use of renewable energy in agriculture.

Learn More:PM-KUSUM Scheme