8 scheme(s) in this category.
Schemes aimed at farming families rather than at agriculture as an industry: income support, pensions, insurance and credit.
Most exclude institutional landholders, serving and retired government employees above the lowest grades, income tax payers, and practising professionals such as doctors and lawyers. The benefit is normally per family, not per person, where a family means husband, wife and minor children.
Ministry of Agriculture and Farmers Welfare · Central
Bank loans for building farm infrastructure such as warehouses, cold stores and processing units, with 3% interest subvention on up to Rs 2 crore per project and credit guarantee cover.
Potential benefit Up to ₹2,00,00,000 loan amount eligible for interest subvention, per project per location
Ministry of Agriculture and Farmers Welfare · Central
A bank credit card for farmers giving short-term crop loans at a concessional interest rate, with an interest subvention that can bring the effective rate down to 4% a year on prompt repayment.
Potential benefit Up to ₹5,00,000 loan limit covered by interest subvention
Ministry of Fisheries, Animal Husbandry and Dairying · Central
A 50% capital subsidy for setting up livestock businesses - up to Rs 50 lakh for sheep and goat units, Rs 30 lakh for piggery, Rs 25 lakh for rural poultry and Rs 50 lakh for feed and fodder units.
Potential benefit ₹10,00,000 – ₹50,00,000 one time capital subsidy
Ministry of Agriculture and Farmers Welfare · Central
Financial assistance to install drip and sprinkler irrigation: 55% of cost for small and marginal farmers and 45% for other farmers, to save water and raise yields.
Ministry of Agriculture and Farmers Welfare · Central
Crop insurance for farmers. Farmers pay a small share of the premium (2% for kharif, 1.5% for rabi, 5% for commercial and horticultural crops) and the governments pay the rest.
Ministry of Agriculture and Farmers Welfare · Central
A voluntary pension scheme for small and marginal farmers aged 18 to 40. Members contribute Rs 55 to Rs 200 a month, the government matches it, and a pension of Rs 3,000 a month starts at age 60.
Potential benefit Up to ₹3,000 per month
Ministry of Agriculture and Farmers Welfare · Central
Direct income support of Rs 6,000 a year, paid in three instalments to farming families who own cultivable land.
Potential benefit Up to ₹6,000 per year
Ministry of Agriculture and Farmers Welfare · Central
Free soil testing for farmers. The card reports 12 soil parameters for a farmer's land and recommends how much fertiliser to apply, so money is not wasted on the wrong inputs.