Friday, April 26, 2024
HomePersonal FinanceBudget 2021: Government can make big announcements for farmers in the budget,...

Budget 2021: Government can make big announcements for farmers in the budget, only benefits will be available in these schemes

Union Finance Minister Nirmala Sitharaman is going to present the budget on Today. During this time many important announcements can be made about the farmers. Read full news …




New Delhi: Union Finance Minister Nirmala Sitharaman is going to present the budget on Today  (February 1). Farmers also have many expectations from this budget. It is believed that the Modi government at the Center can make several important announcements in the budget of the financial year 2021-22 to increase profits in the agriculture sector. In view of the ongoing agitation against agricultural laws, the government can also emphasize on increasing the income of farmers.

The target of agricultural loans can be increased

in the Union General Budget presented on February 1, there may be an important announcement to increase the target of agricultural loans. It is a matter of discussion that the Modi government has prepared to increase the limit of agricultural loans to double the income to farmers. Every year, the target of agricultural loans is increased, but this time, in view of the agrarian movement, the government can increase the loan target in view of the environment created in the country.

May increase

to 25 per cent According to the media reports, agricultural loans may increase by 25 per cent. That is, from 2021 to 2022, agricultural loans can be increased to Rs 19 lakh crore. The news of increasing the target of loans gets further strengthened because agricultural loans have been increased year after year. Whatever goal the government has set, the task of disbursing loans was more than that. For example, we can look at FY 2017-18. This year, a total loan of Rs 11.68 lakh crore was given to the farmers, against the target of 10 lakh crore.

That is why the focus on increasing agricultural loans

according to the information, the government is also preparing to increase the agricultural loan so that farmers can be protected from the moneylenders. If the farmers get loan from the banks easily, then the farmers will not have to take loans from the money lenders. Normally there is 9 percent interest on agricultural loans, but the government gives 2 percent interest subsidy to farmers. So that for a short period, up to three lakh loans can be got at 7 percent interest.

The amount of PM Kisan Yojana may be increased. With

regard to the budget presented on February 1, 2021, there is a question in the mind of the farmers whether the amount of PM Kisan Samman Nidhi Scheme can be increased ?. Looking at the agitation against the agricultural laws, there is hope in the minds of the farmers of the country that this time the Modi government will increase the amount of PM Kisan Samman Nidhi. This matter also gets importance from the news coming in the media.

How much can the amount be increased

According to the news coming in the media, in the coming time, under the PM Kisan Samman Nidhi scheme, the Modi government can increase the installment of Rs. 2000 to Rs. 3000 every four months. That is, 6 thousand rupees can be increased in the year to 9 thousand. If you look at the figures, 11 crore 50 lakh farmers are taking advantage of this scheme so far.

Government can expand in Kusum scheme; Government can expand

PM Kusum scheme in this budget. Because the Renewable Ministry has also recommended an increase of 20 to 25 percent in the budget of this scheme. Explain that under this scheme, solar panels are provided to farmers on subsidy, so that farmers can make electricity. Farmers can also sell the remaining electricity to use this electricity according to their need.

Also Read: Budget 2021: Healthcare is an important requirement for all, necessary measures to be in the budget

If the government insists on

increasing mandis, the government should increase the number of mandis in the country to increase the income of farmers, if we believe in agricultural experts. There is a need to invest for this. For this, agricultural experts are advocating to open agriculture market within the radius of every five kilometer area.

If

agricultural experts are in need of a clear decision on MSP, then the government should expand the Minimum Support Price (MSP) and bring many more crops to its benefit. This will increase the income of the farmers, because they will get good prices for their crops by coming to MSP.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments