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 PolicyOverview: 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 SchemeOverview: 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 SchemeOverview: 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 SchemeOverview: 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 SchemeIndia's farm trade measures to placate farmers
India raises wheat purchase price by 6.6% to boost output
Modi's inflation-blowing farm pivot may not be enough to win key Indian state