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Under Krishak Unnati Yojana Cash Transferred to Chhattisgarh farmers

Utkarsh Classes Last Updated 13-03-2024
Under Krishak Unnati Yojana Cash Transferred to Chhattisgarh farmers Government Scheme 5 min read

The Chief Minister of Chhattisgarh, Vishnu Deo, has announced a massive transfer of funds under the Krishak Unnati Yojana in Balod, which aims to support farmers in the region. 

The scheme, which was launched by the Chhattisgarh government, is designed to fulfill PM Modi's promise of purchasing paddy from farmers in the state at the rate of Rs 3100 per quintal. 

About the scheme 

  • Under this initiative, farmers are being provided with a difference of Rs 3100 per quintal from the price of paddy. In the recently concluded paddy procurement for the Kharif season, which took place between November 1 and February 4, around 145 lakh metric tonnes of paddy was procured from more than 24 lakh farmers at the minimum support price (MSP).
  • The MSP for common grade paddy was Rs 2,183 per quintal, and Rs 2,203 for Grade A paddy. The difference amount over the MSP was given to farmers as input assistance at Rs 917 per quintal paddy under the Krishak Unnati Yojana. 
  • In a major boost to the farming community, the Chhattisgarh government has transferred an impressive sum of Rs 13,320 crore to the bank accounts of farmers, benefitting over 24.75 lakh farmers. 
  • More than 24.72 lakh farmers who sold paddy this year will receive a difference amount of Rs 13,289 crore. Additionally, over 2,829 paddy seed producers will also receive a difference amount of over Rs 31 crore through the Seed Corporation.
  • It is noteworthy that the program to disburse the assistance was held in every district and development block headquarters, making it easier for farmers to receive their dues. 
  • Overall, this initiative has been implemented to increase crop production and productivity while reducing crop costs in the farmers' interest.
  • Compared to the previous government, the amount allocated under the Krishak Unnati Yojana has more than doubled, making it a significant initiative by the Chhattisgarh government to support their farmers. 
  • With this scheme, the government is striving to create a more equitable and sustainable agricultural ecosystem in the state.


 

Minimum Support Price (MSP)

Before the Kharif and Rabi seasons, the government of India announces the Minimum Support Price (MSP). The MSP was initially established in India during the 1966-67 season to encourage farmers to implement modern scientific farming techniques, increase productivity, and meet the rising demand for grain production in the country.

Commission for Agricultural Costs & Prices (CACP) and its role 

Established in 1965 as an expert committee under the Union Ministry of Agriculture and Farmers Welfare, the Commission for Agricultural Costs & Prices (CACP) plays a crucial role in determining the Minimum Support Price (MSP) of mandated crops by providing recommendations to the government. It should be noted, however, that these recommendations are not binding on the government.

Mandated Crops under MSP

The CACP has recommended that MSP be set for 22 different crops, including Paddy, Wheat, Maize, Sorghum, Pearl millet, Barley, Ragi, Chickpea/Gram, Tur, Moong, Urad, Lentil, Peanut, Rapeseed, Soybean, Sesame, Sunflower, Safflower, Niger seed, Copra, Sugarcane, Cotton, and Raw jute. 

Additionally, the Department of Agriculture and Cooperation, Government of India, determines the MSP for Toria and De-Husked coconut based on the MSPs of Rapeseed/Mustard Seed and Copra, respectively.

FAQ

Answer: Chhattisgarh

Answer: Rs 13 thousand 320 crore
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