Jharkhand govt launches direct money transfer scheme for small farmers

Vice President of India has launched the Jharkhand government’s ‘Mukhya Mantri Krishi Ashirwad Yojana’. The programme aims to transfer money directly into the bank accounts of farmers in the state.  Under the scheme,Rs 5,000 per acre upto a maximum of five acres would be transferred directly to the bank accounts of small and marginal farmers… Continue reading Jharkhand govt launches direct money transfer scheme for small farmers

‘Uber for tractors’: Government to launch app to aid farmers

The agriculture ministry has developed a farm equipment rental app for Indian farmers called Uber for tractors. The app will allow the farmers to hire tractors, rotavator and other farm related machinery on rent for with flexible tenure. The farmers who wish to hire equipment can register using their names, addresses and mobile numbers and… Continue reading ‘Uber for tractors’: Government to launch app to aid farmers

Linking farmers with futures market can benefit both

Recently,Indian Council for Research on International Economic Relations(ICRIER) has recommended the government to empower farmer producer organisations(FPOs) to trade in the commodities futures market. This was suggested as the government in the Budget has proposed to create 10,000 new farmer producer organisations(FPOs) in the next five years. Farmers Producer Organisation(FPO) also known as farmers producer… Continue reading Linking farmers with futures market can benefit both

Govt eyes direct transfer of fertilizer subsidy

The government has been preparing to move on a proposal for direct cash transfer(DBT) of fertilizer subsidy amount to farmers bank accounts. This proposal is aimed at disincentivizing farmers from excessive use of chemical fertilizers. The funds transferred will be used only for buying soil nutrients while two options are being explored to decide the… Continue reading Govt eyes direct transfer of fertilizer subsidy

Landmark decision taken in the first Cabinet meeting of the NDA Government offers pension coverage to crores of farmers

The Union Cabinet has approved a new Central Sector Scheme to provide pension cover to farmers.The pension scheme will be voluntary and contributory scheme for all Small and Marginal Farmers (SMF) across the country. There will be an entry age of 18 to 40 years with a provision of minimum fixed pension of Rs.3,000/- on… Continue reading Landmark decision taken in the first Cabinet meeting of the NDA Government offers pension coverage to crores of farmers

About 44% of PM-KISAN beneficiaries await payment from Centre

Under Pradhan Mantri Kisan Samman Nidhi (PM-KiSAN) scheme,only 2.74 crore families or about 56% out of the total list of 4.92 crore names submitted by States have been paid so far.The deadline for first instalment of ₹2,000 is by March 31,2019.The remaining beneficiaries are still under process or are caught somewhere within the validation process.… Continue reading About 44% of PM-KISAN beneficiaries await payment from Centre

Govt cautions against fraudulent websites for KUSUM scheme registration

Ministry of Renewable Energy(MNRE) has cautioned the public against fraudulent websites that are conducting registrations under the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) Scheme. Recently,MNRE has formulated the KUSUM Scheme.The scheme aims to promote the use of solar power among farmers.The power distribution companies and state nodal agencies would implement this scheme. The scheme… Continue reading Govt cautions against fraudulent websites for KUSUM scheme registration