"The scheme has been formulated to ensure compensation for crop loss of farmers through the Pradhan Mantri Fasal Beema Yojana within a month," Singh said when asked how his ministry plans to tackle farmers suicide.
Singh was here to attend a seminar at the Deen Dayal Dham.
Attacking the Congress, he said, "Slogans like Garibi Hatao were just chanted, there was no serious effort towards it. However, the present government has taken a lot of steps to improve condition of villagers and poor."
"While the Avas Yojana is for the poor, the irrigation scheme is for farmers," he said, adding Rs 1 lakh will be given to farmers engaged best practices of agriculture.