Farmers in Odisha to Get ₹3100 MSP and Bonus on Paddy

Key Highlights

• ₹3100 MSP for paddy includes ₹800 bonus.
• Bonus supports input costs like seeds and fertilizers.
• CM Kisan Yojana offers additional farming and livelihood aid.
• Farmers benefit from both state and PM Kisan schemes.

Farmers in Odisha have good news this year. The state government will provide them with a Minimum Support Price (MSP) of ₹3100 per quintal for paddy. This includes ₹2300 as MSP set by the central government and an additional ₹800 as a bonus. The bonus aims to help farmers with input costs like seeds, fertilizers, and pesticides. The Chief Minister will officially release this payment on December 8, and the money will be directly transferred to farmer’s bank accounts through Direct Benefit Transfer (DBT).

Also Read: Haryana Government Offers Incentives and Subsidies for Farmers to Prevent Stubble Burning

Why Farmers are Getting a Bonus

The ₹800 bonus is meant to support farmers who often face challenges like floods, droughts, and pest attacks. The Chief Minister emphasized that this "input assistance" will help farmers recover from losses caused by natural disasters.

Election Promise Fulfilled

The decision to give ₹3100 per quintal was part of the BJP’s election manifesto in Odisha. The government approved this proposal in its first cabinet meeting. A state-level farmer’s conference will be held on December 8 in Sohela, Bargarh district, where the Chief Minister will release the funds. Farmers will receive the payment within 48 hours of the announcement.

Other Support for Farmers: CM Kisan Yojana

The Odisha government has launched several initiatives to improve farmer’s income, including the CM Kisan Yojana, which has a budget of ₹1935 crore. Key components of this scheme include:

1. Financial Aid for Farming: - Small and marginal farmers will receive ₹4000 annually in two installments of ₹2000 each for the Rabi and Kharif seasons.
2. Support for Landless Farmers: - Landless agricultural families get ₹12,500 annually to support activities like goat rearing, poultry farming, and fishery.
3. Educational Assistance: - Children of farmers can receive financial aid for professional courses such as engineering, medical, and agriculture studies.

Combined Benefits of PM Kisan and State Schemes

Farmers in Odisha are also beneficiaries of the PM Kisan Samman Nidhi, a central scheme that provides ₹6000 annually. This is in addition to the CM Kisan Yojana, giving farmers dual benefits from both the state and central governments.

These efforts aim to increase farmer’s income, improve their livelihood, and make farming a more sustainable profession in Odisha.

Also Read: Subsidy Amount Increased in Gujarat for Grain Storage, Now ₹1 Lakh

CMV360 Says

The Odisha government’s initiatives, including ₹3100 MSP with a bonus and the CM Kisan Yojana, aim to boost farmer’s income and resilience against challenges. Combined with PM Kisan benefits, these schemes provide financial stability, enabling better farming practices and improving the overall livelihood of farmers across the state.