Doubling the income of farmers

There are  many initiatives of Government of India for doubling the farmer's income the latest one is increasing the MSP (Minimum Support Price) for all khareef crops. Let's see what are the Schemes and policies which are being implemented by Government of India (Very useful for GS MAINS Answer writing)

Soil Health Card (SHC) scheme; 

Neem Coated Urea (NCU); 

Pradhan Mantri Krishi Sinchayee Yojana (PMKSY);

  Paramparagat Krishi Vikas Yojana (PKVY); 

National Agriculture Market scheme (e-NAM); 

Pradhan Mantri Fasal Bima Yojana (PMFBY);

National Food Security Mission (NFSM); 

Mission for Integrated Development of Horticulture (MIDH); 

National Mission on Oilseeds & Oilpalm (NMOOP); 

National Mission for Sustainable Agriculture (NMSA); 

National Mission on Agricultural Extension & Technology (NMAET) 

 Rashtriya Krishi Vikas Yojana (RKVY). 

  In addition, schemes relating to tree plantation (Har Medh Par Ped), Bee Keeping, Dairy and Fisheries are also implemented.  All these schemes are implemented to enhance production and productivity of agriculture and thereby enhance income of farmers.

Minimum Support Price (MSP) is notified for both Kharif & Rabi crops based on the recommendations of the Commission on Agriculture Costs & Prices (CACP). The Commission collects & analyses data on cost of cultivation and recommends MSP. 

Giving a major boost for the farmers’ income, the Government has increased the Minimum Support Prices (MSPs) of all kharif crops for 2018-19 Season. This decision of the Government is a historic one as it redeems the promise of the pre-determined principle of fixing the MSPs at a level of at least 150 percent of the cost of production announced by the Union Budget for 2018-19.