Jharkhand Chief Minister Raghubar Das on Friday announced an Rs. 2,250-crore scheme to aid 22.76 lakh medium and marginal farmers of the state double their income by 2022.
The state government will give Rs. 5,000 per acre to 22.76 lakh medium and marginal farmers from the next financial year, Mr. Das stated at a press conference.
“Under the new Mukhya Mantri Krishi Yojana, Rs. 2,250 crore will be spent. The scheme will commence from the 2019-20 financial year,” he said.
“Those farmers having less than one acre will also get Rs. 5,000 and the upper limit is five acres,” the chief minister stated, adding that the beneficiaries will be given the money by way of cheque or through direct advantage transfer.
The new initiative has been taken to assist farmers to procure seeds, fertilizers and other requirements for agriculture purposes without depending on anybody, Mr. Das stated, adding that beneficiaries can avail the money as per their choice of the crop every year from the next fiscal.
The chief minister stated the state government was already spending Rs. 66 crore per annum for 14.85 lakh farmers under the FasalBima Yojana, besides granting farm loans at zero percent interest.
“Prime Minister Narendra Modi has set an aim to double the income of farmers of the country by 2022. And keeping that in mind, the Jharkhand government is also taking steps to assist the farmers of the state to achieve the goal,” Mr. Das said.
He added that agriculture has the potential to create employment and the state government is arranging markets for the farm produce.