Rajasthan leads with Rs 1000 crore farmer welfare fund
The Rajasthan government has benefitted the largest number of farmers with the heaviest kisaan welfare fund.
Rajasthan government constituted Rs 1,000 crore Farmers Welfare Fund to provide them a reasonable price for agricultural produce and boost their income.
Chief Minister Ashok Gehlot had launched the fund at "Kisan Sammelan" in Jaipur last month on completion of one year of the present state government.
The fund has been created so that farmers get a reasonable price for agricultural produce, timely payment of subsidy.
It also ensures insurance claim settlement and timely interest-free loans, besides providing benefits in other farmer welfare schemes.
CM has been appealing the farmers at different platforms to use new techniques and take benefits of government schemes so that farming becomes profitable.
Keeping his election manifesto promise Ashok Gehlot has also ensured that farmers aspiring to set up food processing unit will not have to change land use on up to 10 hectares land.
Such units will get a total subsidy of Rs 2 crore, including Rs 1 crore subsidy on capital investment and Rs 1 crore on interest.
The Rajasthan Agro Processing, Agribusiness and Agri Export Promotion Policy-2019 is one of its kind for the welfare of farmers.
The policy's objective is to encourage agro-processing, agricultural exports and increase farmers' income in the state.
The policy includes grants for setting up ware house, cold storage, collection centres and pack house.
It has provisioned a separate fund of Rs 500 crore in Rajasthan State Cooperative Bank to ensure bank loan to farmers.
Farmers can also get Rs 20 lakh grant every year on export of organic agri products and a grant of up to Rs 10 lakh on solar power plant.
The state government will also give 5 per cent subsidy on interest to farmers of Bhumi Vikas Bank who make timely payments of loans.