Lok Sabha Question No. 2915 (UNSTARRED), answered on 2025-03-18
Subject: Objective of Doubling the Farmers’ Income
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: Shri Abhishek Banerjee, Dr. Gumma Thanuja Rani

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE AND FARMERS WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 2915

TO BE ANSWERED ON THE 18 TH  MARCH, 2025

## OBJECTIVE OF DOUBLING THE FARMERS' INCOME

2915. SHRI ABHISHEK BANERJEE: DR. GUMMA THANUJA RANI:

Will the Minister of AGRICULTURE AND FARMERS WELFARE कृ ͪष और ͩकसान कãयाण मंğी be pleased to state:

- (a) whether the Government has been able to achieve the desired objective of doubling the income of farmers by 2022-23 from 2015-2016, if so, the details thereof and if not, the reasons therefor;
- (b) the  details  of  the  farmers  whose  income  has  been  doubled  and  the  percentage increase in farmer's income during the last ten years; and
- (c) the details of interest subsidy given to the State of Andhra Pradesh out of the total Rs. 22,000/- crores allocated?

## ANSWER

THE MINISTER OF STATE FOR AGRICULTURE AND FARMERS WELFARE कृ ͪष और ͩकसान कãयाण राÏय मंğी (SHRI RAMNATH THAKUR)

- (a) & (b): Agriculture is a State subject and Government of India supports the efforts of States  through  appropriate  policy  measures,  budgetary  allocation  and  various  schemes/ programmes. The various schemes/ programmes of the Government of India are meant for the welfare of farmers by increasing production, remunerative returns and income support to farmers. The Government has substantially enhanced the budget allocation of Department of Agriculture & Farmers Welfare(DA&FW) from Rs. 21933.50 crore BE during 2013-14 to Rs. 1,22,528.77 crore BE during 2024-25. Major schemes/ programmes initiated by DA&FW to enhance overall income of farmers and remunerative returns in the agriculture sector are as under:
1.  Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
2.  Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY)
3.  Pradhan  Mantri  Fasal  Bima  Yojana  (PMFBY)/  Restructured  Weather  Based  Crop Insurance Scheme (RWBCIS)
4.  Modified Interest Subvention Scheme (MISS)
5.  Agriculture Infrastructure Fund (AIF)
6.  Formation and Promotion of 10,000 new Farmer Producers Organizations (FPOs)
7.  National Bee Keeping and Honey Mission (NBHM)
8.  Namo Drone Didi
9.  National Mission on Natural Farming (NMNF)
10.  Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA)
11.  Agri Fund for Start-Ups & Rural Enterprises' (AgriSURE)
12.  Per Drop More Crop (PDMC)
13.  Sub-Mission on Agriculture Mechanization (SMAM)
14.  Paramparagat Krishi Vikas Yojana (PKVY)
15.  Soil Health & Fertility (SH&F)
16.  Rainfed Area Development (RAD)
17.  Agroforestry
18.  Crop Diversification Programme (CDP)
19.  Sub-Mission on Agriculture Extension (SMAE)
20.  Sub-Mission on Seed and Planting Material (SMSP)
21.  National Food Security and Nutrition Mission (NFSNM)
22.  Integrated Scheme for Agriculture Marketing (ISAM)
23.  Mission for Integrated Development of Horticulture (MIDH)
24.  National Mission on Edible Oils (NMEO)-Oil Palm
25.  National Mission on Edible Oils (NMEO)-Oilseeds
26.  Mission Organic Value Chain Development for North Eastern Region
27.  Digital Agriculture Mission
28.  National Bamboo Mission

Indian  Council  on  Agricultural  Research  (ICAR)  has  released  a  compilation  of success stories of 75,000 farmers who have increased their income more than two times by convergence of schemes being operated by Ministry of Agriculture & Farmers Welfare and the allied Ministries/Departments.

The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation  (MoSPI)  conducted  a  Situation  Assessment  Survey  (SAS)  of  Agricultural Households during NSS 77thround (January, 2019 - December, 2019) with reference to the agricultural year July, 2018- June, 2019 in the rural areas of the country.

According to these surveys, the estimated average monthly income per agricultural household increased from ₹6,426 in 2012-13 (NSS 70th round) to ₹10,218 in 2018-19 (NSS 77th round).

(c): The  government  is  implementing  a  100%  centrally  funded  central  sector  scheme known as the Modified Interest Subvention Scheme (MISS) across various states and UTs in Pan India. This scheme aims to provide concessional interest rates on short-term agricultural loans  obtained  by  farmers  through  Kisan  Credit  Cards  (KCC)  for  their  working  capital requirements.

Under this scheme, farmers receive KCC loans at a subsidized interest rate of 7%. To facilitate this, an upfront interest subvention (IS) of 1.5% is provided to financial institutions. Additionally,  farmers  who  repay  their  loans  promptly  receive  a  3%  Prompt  Repayment Incentive (PRI), effectively reducing the interest rate to 4% per annum.

The benefits of IS and PRI are available for loan limits up to Rs. 3 lakhs. However, if the short-term loan is taken for allied activities (such as animal husbandry), the loan amount is limited to Rs. 2 lakhs only.

MISS  is  a  demand-driven  scheme,  and  IS  &  PRI  are  provided  to  all  eligible  and interested farmers. Under MISS, no direct funds/subsidies are released to State Governments or farmers. Funds are released to the Reserve Bank of India (RBI) and National Bank for Agriculture and Rural Development (NABARD) for settlement of claims received under the scheme from various banks.

Budget Allocation and Disbursement of Funds under MISS for the Last Five Years:

|   S. No. | Year    | Budget Allocation (Rs. in Crore)   | Disbursement (Rs. in Crore)   |
|----------|---------|------------------------------------|-------------------------------|
|        1 | 2019-20 | 18,000.00                          | 16,218.75                     |
|        2 | 2020-21 | 21,175.00                          | 17,789.72                     |
|        3 | 2021-22 | 19,468.31                          | 21,476.93                     |
|        4 | 2022-23 | 19,500.00                          | 17,997.88                     |
|        5 | 2023-24 | 22,000.00                          | 14,251.93                     |

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