Government Schemes Shower Money on Farmers: Boost Income & Security

• PM-KMY provides Rs. 3,000/month pension to farmers after 60 for old-age security, with government matching contributions.
• PM-KISAN offers Rs. 6,000/year direct financial aid to eligible farmer families in three Rs. 2,000 installments via DBT.
• PMFBY, launched in 2016, insures crops against natural calamities like drought, floods, and hailstorms, providing compensation.
• PMKSY aims to enhance agricultural water availability through modern irrigation methods like drip, sprinkler, and pipeline networks.
• Kisan Credit Card (KCC) offers low-interest loans; limit increased to Rs. 5 lakh (Rs. 3L for crops, Rs. 2L for allied activities) with a 4% effective interest rate for timely repayment.

Why It Matters: Indian government schemes significantly enhance farmers' financial stability, income, and agricultural productivity.