PM-KISAN ensures 100% funding from Government of India.Under the Scheme an income support of Rs.6000 per year is provided to all farmer families across the country in three equal installments of Rs 2000 each every four months.
Agriculture will have at least 3 per cent growth rate- which is the long term growth rate, assured a member of the Niti Aayog.
Outlook for agriculture sector:
1.
Normal Monsoon- As monsoon plays a crucial role and the forecast for this year has been positive, the official reassured that the production will be good as it is highly dependent on good monsoon.
2.
Water Availability- The member from the Niti Aayog also assured that our reservoirs are 40-60 per cent replenished and this augers well for the overall production of our crops across seasons.
3.
Offtake of fertiliser– As fertiliser forms an important input for the farmers, there has been a steady increase in the sale of fertiliser. The sale has been 8 per cent higher than the previous month.
4.Quality Seeds- Quality of seeds purchased has also increased over the corresponding period, said the official.
