AGRICULTURAL REFORMS: Doubling Farmer’s Income-

Published: 21st Nov, 2019

AGRICULTURAL REFORMS: Doubling Farmer’s Income-

The Government has reoriented the agriculture sector by focusing on an income-centeredness approach which focuses on achieving high productivity, reducing cost of cultivation and remunerative price on the produce, with a view to earn higher profits from farming. Various initiatives by way of schemes and policy reforms have been rolled out in consonance with his approach:-

For Higher Production Through Productivity Gains:

National Food Security Mission(NFSM)- for cereals, pulses, oilseeds, nutri-rich cereals, commercial crops.
Mission for Integrated Development of Horticulture (MIDH)- for high growth rate of horticulture crops.
National Mission on Oilseed and Oil Palm (NMOOP)- for increasing production of oilseeds and oil palm.

For Reduction in Cost of Cultivation:

Soil Health Card (SHC)- to ensure optimal use of fertilizer application thus saving the input cost for farmers.
Neem Coated Urea (NCU)- to regulate use of urea and reduce cost of superfluous fertilizer application.

For Providing Assistance To Small and Marginal Farmers:

PM KISAN Scheme- to provide assistance to small and marginal farmer families with an amount of Rs.6000/- per year.
PM Kisan Maan Dhan Yojana (PM-KMY)- provides for a payment of a minimum pension of Rs.3000/- per month to eligible small and marginal farmers on attaining the age of 60 years. It is voluntary and contributory pension scheme, with entry age of 18 to 40 years.

Ensure Remunerative Returns:

e-NAM- to revolutionize agri-markets by ensuring real-time better price discovery, bringing in transparency and moving towards ‘One Nation One Market’.
Farmer Producer Organizations (FPO’s)- have been on-boarded on e-NAM portal and have started uploading their produce for trading from their premise.
MSP- giving a major boost for the farmer’s income, Government has recently approved the increase in the MSP for all Kharif crops for 2019-20 season.
Market Intervention Scheme- for procurement of agriculture & horticulture products, which are perishable in nature and are not covered under PSS (Price Support Scheme).