No provision for financial aid to family of farmers who commit suicide

Agriculture credit targets have also been enhanced from Rs 9 trillion in 2016-17 to Rs 13.5 trillion in 2019-20

Farm, farmers, agriculture
Press Trust of India New Delhi
3 min read Last Updated : Nov 29 2019 | 8:15 PM IST

There is no provision in government's existing policy to provide assistance to family of farmers who committed suicide, Minister of State for Agriculture and Farmers Welfare Parshottam Rupala said in Rajya Sabha on Friday.

Rupala was replying to a supplementary during Question Hour in the Upper House.

"There is no provision in the policy of the government to provide any assistance to farmers who committed suicide," Rupala said while replying to a query as to whether government has provided any relief to the kith and kin of farmers who committed suicide.

However, he said the Agriculture Department of the government has taken up a number of programmes to improve the condition of farmers.

He said loans to distressed farmers and to other persons, not exceeding Rs 1 lakh per borrower, indebted to non-institutional lenders is an eligible category under priority sector lending as per RBI's directions.

Under the Kisan Credit Card (KCC), a flexible limit of Rs 10,000-50,000 has been provided to marginal farmers based on the land holding and crop grown for post-harvest storage related credit needs, he said.

RBI has also issued directions for relief measures to be provided by respective lending institutions in areas affected by natural calamities.

Besides, the government has also introduced an interest subvention scheme for short-term crop loans up to Rs 3 lakh, he added.

The Pradhan Mantri Kisan Samman Nidi scheme has been started to provide income support to farmers' families holding cultivable land to enable them to take care of expenses related to agriculture and allied activities as well as domestic needs so as to protect them from debt trap.

Under the scheme, a financial benefit of Rs 6,000 per year is provided in three four-monthly instalments of Rs 2,000 to farmers' families.

Agriculture credit targets have also been enhanced from Rs 9 trillion in 2016-17 to Rs 13.5 trillion in 2019-20.

In reply to another supplementary, he said there is a provision to provide 100 subsidies to state governments for a 200 tonne unit to promote organic farming.

Besides, there is a provision of 25 per cent assistance for loans up to Rs 40 lakh to entrepreneurs for organic fertiliser facility and Rs 50,000 a year for farmers interested in it, he said.

He also appealed to the Members of Parliament (MPs) to ensure KCCs to farmers through banks in their respective areas.

The use of fertilisers is increasing in the country, but the government is trying to create awareness in this direction, he said.

The Minister said the total consumption of major fertilisers in 2019-20 (up to October) was at 349 LMT (lakh metric tonnes) and added that the government has been promoting soil test based integrated nutrient management for balanced and judicious use of fertilisers.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Rajya SabhaKisan credit cardFarmers suicidesPM KisanMinistry Of Agriculture

First Published: Nov 29 2019 | 6:05 PM IST

Next Story