site logo
Search Location Location

Ad

Ad

Ad

Government Announces Rs 20,000 Per Hectare Bonus for Paddy Farmers


By Robin Kumar AttriUpdated On: 27-Jun-24 06:30 AM
noOfViews4,865 Views

Follow Us:follow-image
Shareshare-icon

ByRobin Kumar AttriRobin Kumar Attri |Updated On: 27-Jun-24 06:30 AM
Share via:

Follow Us:follow-image
noOfViews4,865 Views

Maharashtra's new scheme provides a Rs 20,000 per hectare bonus to paddy farmers, boosting incomes and supporting sustainable agriculture.
Government Announces Rs 20,000 Per Hectare Bonus for Paddy Farmers
Government Announces Rs 20,000 Per Hectare Bonus for Paddy Farmers

Key Highlights

  • Rs 20,000 per hectare bonus for paddy farmers.
  • Bonus applies for up to two hectares.
  • Mandatory online registration for eligibility.
  • Bonus in addition to the central government's minimum support price.
  • Direct bank transfer of bonus.
  • Several beneficial schemes launched to support farmers.

The government has introduced a new scheme to support paddy farmers. This scheme offers a bonus of Rs 20,000 per hectare to help increase the income of the farmers and assist in farming.

Maharashtra's Announcement

Recently, the Eknath Shinde government of Maharashtra made a significant announcement. The government will provide a bonus of Rs 20,000 per hectare to paddy farmers. This bonus is in addition to the minimum support price declared by the central government for the Kharif season. All registered farmers in the state can benefit from this bonus.

Bonus Eligibility and Limitations

Farmers can receive this bonus for up to two hectares of paddy cultivation. To qualify, farmers must register online at their district's marketing federation paddy procurement centers or at government paddy procurement centers of the Tribal Development Corporation.

Terms and Conditions

  • Mandatory Online Registration: Farmers must register online to be eligible.
  • Crop Area Documentation: The area of crop cultivation must be mentioned as per e-crop inspection on their Satbara certificate.
  • No Selling Restrictions: Farmers do not need to sell their paddy only at government centers to receive the bonus.
  • Direct Bank Transfer: The bonus will be transferred online to the bank accounts of all eligible farmers.
  • Bonus Calculation: The bonus will be decided according to the area of paddy production land as recorded by the e-Chosal app.

Additional Support for Farmers

Chief Minister Shinde stated that Rs 44,278 crore has been distributed to farmers through various schemes. Under the Chhatrapati Shivaji Maharaj Shetkari Samman Yojana, 4.4 lakh farmers received loan waivers amounting to Rs 18,762 crore. The state government has also established the Onion Maha Bank to help onion farmers with storage solutions.

Other Beneficial Schemes for Farmers

The Maharashtra government has launched several schemes to support farmers, including:

  • Namo Shetkari Mahasamman Nidhi Yojana: Modeled after the PM Kisan Yojana, this state-level scheme provides Rs 6,000 annually to farmers in three installments. This amount is separate from the Rs 6,000 received under the PM Kisan Samman Nidhi Yojana, giving Maharashtra farmers a total of Rs 12,000 per year.
  • Crop Insurance for One Rupee: Under the Namo Shetkari Mahasamman Nidhi Yojana, farmers can insure their crops for just one rupee. This insurance covers various crops, including paddy, jowar, bajra, ragi, maize, arhar, urad, green gram, groundnut, soybean, sesame, cotton, and onion. Both loanee and non-loanee farmers can voluntarily opt for this insurance.

Also Read: Nurture.retail Introduces Farm Equipment on Their App

CMV360 Says

These initiatives by the Maharashtra government aim to boost the agricultural sector, support farmers financially, and ensure their crops are protected. The Rs 20,000 per hectare bonus for paddy farming is a significant step in enhancing the income of the farmers and promoting sustainable agriculture.

News


Government to Distribute 1100 High-HP Tractors to Farmers for Efficient Stubble Management

Government to Distribute 1100 High-HP Tractors to Farmers for Efficient Stubble Management

The government will distribute 1100 high-HP tractors to farmers, improving stubble management and reducing air pollution from burning....

19-Sep-24 07:34 AM

Read Full News
VST Zetor Range of Tractors Launched to Boost Farm Mechanization in Madhya Pradesh

VST Zetor Range of Tractors Launched to Boost Farm Mechanization in Madhya Pradesh

The VST Zetor range of tractors brings advanced technology, power, and efficiency to boost farm mechanization in Madhya Pradesh....

17-Sep-24 01:08 PM

Read Full News
Mahindra’s ‘Tractor Tech’ Program Empowers 46 Youth in Jabalpur

Mahindra’s ‘Tractor Tech’ Program Empowers 46 Youth in Jabalpur

Mahindra’s ‘Tractor Tech’ program trained 46 youth in Jabalpur, offering skills and job placements in the agriculture sector....

16-Sep-24 09:14 AM

Read Full News
Government to Distribute 4,000 Tractors to Farmers Under New Scheme

Government to Distribute 4,000 Tractors to Farmers Under New Scheme

The Chief Minister Tractor Distribution Scheme provides farmers with subsidized tractors and equipment, enhancing agricultural productivity and support....

11-Sep-24 11:08 AM

Read Full News
AutoNxt Aims to Revolutionize Indian Farming with Commercial Electric Tractors and Advanced Technology

AutoNxt Aims to Revolutionize Indian Farming with Commercial Electric Tractors and Advanced Technology

AutoNxt introduces India’s first electric tractors, offering a sustainable, cost-effective alternative to diesel with advanced technology and fast charging....

09-Sep-24 01:04 PM

Read Full News
Swaraj Tractors Honored with CSR Award for 'Project Pani' by Rajasthan Government

Swaraj Tractors Honored with CSR Award for 'Project Pani' by Rajasthan Government

Swaraj Tractors' 'Project Pani' won a CSR award for installing rainwater tanks in schools, benefiting 18,000 students in Rajasthan....

09-Sep-24 10:34 AM

Read Full News

Ad

Ad

As featured on:

entracker
entrepreneur_insights
e4m
web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.