The farmer’s welfare

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The Government through its Nodal Agencies procured 12,11,619.39 MT of Pulses and Oilseeds having MSP value of Rs.6,830.18 Crores benefitting 7,06,552 farmers whereas in the year 2021-22, a quantity of 31,08,941.96 MT of pulses, oilseeds and copra having MSP value of Rs. 17,093.13 crore benefiting 14,68,699 farmers has been done.

Further, under procurement of Kharif 2021-22 season, a quantity of 2,24,282.01 MT of Pulses and Oilseeds having MSP vale of Rs. 1380.17 Crores benefiting 1,37,788 farmers was procured till January, 2022 whereas, under procurement of Kharif 2022-23 season, a quantity of 1,03,830.50 MT of pulses, oilseeds & copra having MSP Value of Rs. 915.79 crore benefiting 61,339 farmers has been procured till December, 2022.

PM-KISAN scheme was launched in 2019 which is an income support scheme to farmers providing Rs. 6000 per year in 3 equal installments.

In PM-KISAN scheme, Rs. 1.82 lakh crore was released to more than 11.74 crore farmers in January, 2022 whereas more than Rs. 2 lakh crore has been released so far to more than 11 crore eligible farmers till December, 2022 PMFBY was launched in 2016 addressing problems of high premium rates for farmers and reduction in sum insured due to capping.

Since implementation, 29.39 crore applicant farmers were enrolled and over 9.01 crore (Provisional) applicant farmers have received claims of over Rs. 1,04,196 crore till January, 2022 which increased to 38 crore enrolled applicant farmers and over 12.24 crore (Provisional) farmer applicants have received claims of over Rs. 1,28,522 crore till December, 2022.

Upto January, 2022 nearly Rs. 21532 crore were paid by farmers as their share of premium against which claims of over Rs.104196 crore (Provisional) were paid to them, thus for every 100 rupees of premium paid by farmers, they received Rs. 484 as claims whereas till December, 2022 nearly Rs. 25,192 crore were paid by farmers as their share of premium against which claims of over Rs. 1,28,522 crore (Provisional) have been paid to them, thus for every 100 rupees of premium paid by farmers, they have received about Rs. 510 as claims.

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