The agricultural sector is considered to be the backbone of the Indian economy, so the government always works for the betterment of the agricultural sector. In this series, the government has set a target of giving Rs 15 lakh crore of agricultural loans to farmers this year. The government should give this huge amount of money to the farmers under different schemes of the agriculture sector.

Kisan Credit Card is the most important scheme under the target of Rs. 15 lakh crore agricultural loan. So far, the benefit of this scheme has been given to more than 1 crore farmers. Similarly, under other agricultural schemes, this large amount will be spent in the form of loans to farmers.

Source: krishi jagran

The Central Agriculture and Farmers Welfare Department are going to start the seed bank scheme on a large scale. Under this, seed banks will be set up in every district of the country and farmers will be given license to work in it.

Under the Seed Bank Scheme, seed banks will be created in 650 districts across the country and farmers will be given its licenses. The eligibility to obtain a license has also been decided under this scheme. The farmer who has applied for a license will have to pass the 10th standard. Apart from this, the farmer should have at least 1 acre of land in his own, share, or lease.

Under this scheme, a lump-sum incentive amount will be given by the government. Also, the subsidy will be given on storage facilities, training facilities, and available resources. The special thing is that it will be the responsibility of the state government to make the market available to the farmer who has obtained the seed bank license.

Source: Krishi Jagran