Put in place welfare measures for farmers above 60 years of age, small and marginal farmers and farm labours

Adequate Progress

Atal Pension Yojna(APY), launched in 2015, provides for pension ranging from Rs.1000 to Rs. 5000 for people from unorganized sector and for farmers above the age of 60 years. Maximum age for registering under the Yojna is 40 years and the pension is paid after the person reaches 60 years of age. A total of 38 lakh subscribers have been enrolled under APY with a total pension wealth of Rs. 1350 crore per month.

Krishi kalyan cess, a 0.5% cess on all taxable services, is designed to finance initiatives relating to improvement of agriculture and welfare of farmers. This was launched by the BJP government in February 2016.

However, farmers suicide continue to rise from 11,772 in 2013 to 12,602 in 2015.

Facebook Comments