The PM-KISAN scheme will help farmers modernise agricultural practices and protect them from private moneylenders, said Union agriculture minister Radha Mohan Singh.
Singh said the scheme reflected central government’s commitment to provide an assured income to small and marginal farmers having land up to 2 hectares.
“It will protect farmers from the clutches of moneylenders and ensure continuity in their farm activities.
This scheme will also enable them to modernise their agricultural practices, and this income support along with other schemes will help them live a life of dignity,”
Singh said, adding that the fixing of minimum support price will be further helpful in doubling the income of farmers by 2022. Singh said that the government is focusing on providing institutional credit at nominal rates to farmers through Kisan Credit Card. This not only helps in increasing agricultural production but also productivity.
“There are about 7 crore active KCC, which means that almost 50% of the farmers are still out of the institutional credit system. To bring all farmers under KCC fold, the go overnment has decided to initiate a comprehensive drive with a simplified application form,” he said.
Singh said the Modi government had launched Rashtriya Gokul Mission to promote country's cattle and buffaloes, to preserve their genetic resources in scientific and holistic form and for continuous growth in the productivity of Indian bovine.
“We have increased the budget allocation of Rs 250 crore in 2018-19 to Rs 750 crore for the next fiscal. Similarly, Rashtriya Kamdhenu Aayog has been established to upscale sustainable genetic up-gradation of cow resources and to enhance production and productivity of cows,” he said.
He said the government has created a separate department of fishery with India being the second largest fish producing nation in the world accounting for 6.3% of global production.
“The fisheries sector contributes 1% to GDP and provides livelihood to about 1.5 crore people at the primary level. The sector registered an average annual growth of more than 7% in recent years and the total production during 2017-18 was 12.61 million tonnes.,” he said.