Suvarna Krishi Grama Yojana – Increasing Farmers Income

Dated: August 4, 2016 | Updated On: August 4, 2016 | By: Rajesh Kumar |
Suvarna Krishi Grama Yojana

A new scheme named as “Suvarna Krishi Grama Yojana” or “Golden Agriculture Village Scheme” has been launched by the state Government of Karnataka with an aim to increase farmers income by 20% in one year. The scheme has been launched along with International Crops Research Institute for the Semi-Arid Tropics (ICRISAT).

Under the “Suvarna Krishi Grama Yojana”, the state government will cover a total of 1000 villages across the state. These villages will be developed as model villages and income of the farmers will be increased by 20% in one year through augmented productivity, diversification and market linkages. In the first phase of the scheme, 105 villages will be developed as model villages under the scheme.

Objective of Suvarna Krishi Grama Yojana

The main objective of the scheme is to transform rural areas by developing an impact oriented participatory model using state of the art technologies. More integrated and sustainable rural development can be achieved by scaling up the model in the state.

Under the scheme, the state government will bring science-led development to farmer’s doorstep with technical support from premier institutions such as ICRISAT and state universities.

ICRISAT is actively working with the state government to enhance the productivity, production and profitability of farmers through several initiatives.

Suvarna Krishi Grama Yojana was announced in the financial budget of the year 2016-17. The government then planned to disburse Rs. 11,000 crore agricultural loans to 23 lakh farmers in 2016-17.

The government also planned to provide short term loans to farmers of up to Rs. 3 Lakh at zero percent interest. Long term loans of up to Rs. 10 Lakh also to be made available to farmers at interest rate of just 3%.

Read more details about the Suvarna Krishi Grama Yojana at http://www.icrisat.org/golden-agriculture-village-scheme-for-karnataka-farmers/

IMG CREDITS: www.icrisat.org

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