Pradhan Mantri Kisan Samman Nidhi (PM-Kisan): PM-Kisan is a government scheme launched to provide income support to small and marginal farmers across the country. Under this scheme, eligible farmers receive direct income support of ₹6,000 per year in three equal installments. This financial assistance helps small farmers in meeting their agricultural expenses and improving their livelihoods. Additionally, PM-Kisan promotes inclusive growth in the agriculture sector by providing support to small-scale farmers.
National Horticulture Mission (NHM): The National Horticulture Mission (NHM) aims to promote holistic growth in the horticulture sector, including fruits, vegetables, flowers, spices, and aromatic plants. The mission focuses on enhancing productivity, quality, and post-harvest management practices in horticulture crops. Small businesses involved in horticulture production, processing, and marketing benefit from NHM through various interventions such as establishment of nurseries, creation of infrastructure, technology adoption, and market linkage support.
Pradhan Mantri Fasal Bima Yojana (PMFBY): PMFBY is a crop insurance scheme aimed at providing financial protection to farmers against crop losses due to natural calamities, pests, and diseases. Under this scheme, small and marginal farmers can avail insurance coverage for their crops at highly subsidized premium rates. In case of crop damage, the insured farmers receive compensation for their losses, thereby reducing their financial vulnerabilities and promoting risk management in agriculture. PMFBY supports small businesses in agriculture by safeguarding their investments and ensuring continuity in farming activities.
These initiatives demonstrate the government's commitment to supporting small businesses in agriculture by providing financial assistance, promoting technology adoption, and mitigating risks associated with farming activities. For the most current information, it's advisable to check the latest government announcements and policies.
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