Cabinet approves extension of Rs 69,515.71cr worth crop insurance schemes for farmers

New Delhi, Jan 1 (IANS) The Union Cabinet chaired by the Prime Minister Narendra Modi on Wednesday approved continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26 with an overall outlay of Rs 69,515.71 crore from 2021-22 to 2025-26. The decision will help with risk coverage of […]
Central govt subsidy on loans to farmers jumps over 5-fold to Rs 1.3 lakh crore in 2014-2023

New Delhi, Feb 29 (IANS) There has been a more than 5-fold jump in the amount spent by the Prime Minister Narendra Modi-led government on extending loans at subsidised rates of interest to benefit farmers during the last 9 years compared to the previous 8-year period when the UPA government was in power, according to figures compiled by the Finance Ministry.