We hear subsidies and financial help to auto, aviation and service industries. Here is the largest financial boost to farmers . They would now be part of the market. Their produce will be traded in the market the way industries’ manufactured products are sold. Those serve the food, are now served with capital .
It’s not about just numbers like INR 1000 billion, and 17 billion , what is important is the intent to help farmers to become ‘agripreneurs’, individually or collaboratively.
‘One nation, one Market’ Mission includes a technology-based e-NAM. Now, by making laws. What more, the farmer is freed from purview of the market and market tax, adequate storage and transport . If farmer wants, he can now to make a deal of his produce in his field itself or the farmer can sell his produce directly from the warehouse to the merchants and institutions associated with e-NAM.
Local goes national . And nation goes global.
Increasing Start-ups in farming, capital access, e-marketing, village-transformation. New transformation leads to new hopes.
This is part of SDG 1 : no poverty-small poor farmers would get financial help to get into mainstream, SDG 2 : no hunger reaching food produced by farmers to far flung places through better infrastructure, SDG 8 : decent work and economic growth , Agriculture would contribute more to India’s GDP SDG 9: Innovation and Infrastructure through innovative policies, mobile cold storages and special trains, SDG 15 Life on land by providing good nutrients to land and SDGs 17 : Partnership ( farmers club, associations and cooperatives) )
On this very auspicious occasion, a special fund of one lakh crore rupees has been launched to develop agricultural facilities in the country. This will help in creating better warehousing and modern cold storage chains in the villages. Moreover, many employment opportunities will be created in the village.
Besides, transfer of 17 thousand crore Rupees in the form of PM Kisan Samman Nidhi to the accounts of 8.5 crore farmer families has taken place . It is satisfactory to see that the goal of this scheme is being achieved.
This scheme has been successful in delivering direct assistance to every farmer family and that too in the time of need.
In the last one and a half years, 75 thousand crore rupees have been directly deposited in the bank accounts of farmers through this scheme.
Of this, 22 thousand crore rupees were transferred to the farmers during the lockdown declared because of corona.
‘One nation, one Market’ Mission which was underway for the last 7 years, is now being completed. First, a technology-based system was created through e-NAM. Now, by making laws, the farmer is freed from purview of the market and market tax. Now the farmer has many options- If he wants, he can now to make a deal of his produce in his field itself or the farmer can sell his produce directly from the warehouse to the merchants and institutions associated with e-NAM, depending upon whoever gives him the best price.