The Department of Agriculture & Farmers Welfare has witnessed a six-fold increase in budget allocation from nearly 21 thousand crore rupees during 2013-14 to 1 lakh, 22 thousand crore rupees in 2024-25. In a written reply to the Lok Sabha, Minister of State for Agriculture and Farmers’ Welfare, Ram Nath Thakur said that the major schemes being implemented for farmers’ welfare include the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), Pradhan Mantri Kisan Maandhan Yojana (PM-KMY), Pradhan Mantri Fasal Bima Yojana (PMFBY), and the Agriculture Infrastructure Fund.
He further stated that the Indian Council of Agricultural Research (ICAR) has released a compilation of success stories of 75,000 farmers who have more than doubled their income through the convergence of schemes being operated by the Ministry of Agriculture and Farmers’ Welfare and allied ministries.
The minister explained that farming, being a State Subject, requires State Governments to take appropriate measures for the development of agriculture. However, the Government of India supports these efforts through appropriate policy measures, budgetary allocation, and various schemes.