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Ministry of Agriculture and Farmers Welfare has awarded the top-performing states, and districts under PM Kisan Samman Nidhi Yojana. [14] In addition to PMKISAN, individuals can explore a wide range of government schemes aimed at providing financial assistance and support to farmers and other beneficiaries.
The government will provide a 60% subsidy to the farmers, and 30% of the cost will be given by the government in the form of a loan. Farmers will only have to pay 10% of the total cost of the project. Farmers can sell electricity generated from solar panels. The money earned by selling electricity can be used to start a new businesses. [8] [9] [10]
PM Mudra Yojana (PM Micro Units Development and Refinance Agency Scheme) CS MoF: 2015 Financing MUDRA is a financial institution for funding small businesses. [58] 34,42,00,000 beneficiaries have received ₹ 18.6 lakh crore (equivalent to ₹ 21 trillion or US$240 billion in 2023). [59] New entrepreneurs consist 22% of the beneficiaries. [60]
The Pradhanmantri Kisan Maan Dhan Yojna is a pension scheme with Life Insurance Corporation of India as the pension fund manager. The beneficiary farmers will have to pay a monthly premium ranging from Rs.55 to Rs.200, depending upon their age of entry into the scheme and after reaching the age of 60 years they will be paid a monthly pension of ...
Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY; transl. Prime Minister's Food Security Scheme for the Poor) is a food security welfare scheme announced by the Government of India on March 26 2020, during the COVID-19 pandemic in India. [1]
The primary objectives of PMKSY are to attract investments in irrigation system at field level, develop and expand cultivable land in the country, enhance ranch water use in order to minimize wastage of water, enhance crop per drop by implementing water-saving technologies and precision irrigation.
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Direct Benefit Transfer [a] or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This scheme or program aims to establish a Giro system to transfer subsidies directly to the people through their linked bank accounts.