On Friday, Jharkhand Chief Minister Raghubar Das has announced Rs. 2250 crore scheme to aid 22.76 lakh medium and marginal farmers of the state to double their income by 2022.
Jharkhand government will offer Rs. 5000 per acre to 22.76 lakh marginal and medium farmers from the next fiscal year, at a press conference, said Mr. Das.
Mr. Das continued, “Under the new Mukhya Mantri Kristi Yojana, Rs. 2,250 crore will be spent. The scheme will start from the 2019-20 financial year.”
The Chief Minister said that “those farmers having less than one acre will also get Rs. 5,000 and the upper limit is five acres,” adding that the beneficiaries will be offered the money by the way of cheque or direct bank transfer.
The new initiatives have been undertaken to support farmers procure seeds, fertilizers and other requirements for agricultural aspect without depending on anybody. Mr. Das claims that the beneficiaries can avail the money according to their choice of the crop every year from 2019 financial year.
Jharkhand Chief Minister said that the state government was already spending Rs. 66 crore per annum for 14.85 lakh farmers under the Faisal Bima Yojana, other than offering farm loans at Zero percent interest.
Mr. Das said that “Prime Minister Narendra Modi has set a goal to double the income of farmers of the country by 2022. And keeping that in mind, the Jharkhand government is also taking steps to help the farmers of the state achieve the goal.”
He also added that the agriculture has the potential to generate a large number of employment and the state government has arranged markets for the farm produce.