Summary of Agricultural Schemes - 2024-2025
PM-KISAN (Pradhan Mantri Kisan Samman Nidhi)
Purpose: Provides income support of Rs. 6,000 per year to farmers in three equal instalments.
Launch Date: 2019
Pradhan Mantri Kisan Maandhan Yojana (PM-KMY)
Purpose: Voluntary and contributory pension scheme for small and marginal farmers, offering a Rs. 3,000
monthly pension at age 60.
Launch Date: September 12, 2019
Pradhan Mantri Fasal Bima Yojana (PMFBY)
Purpose: Crop insurance scheme to address high premium costs and ensure financial support in case of crop
loss.
Launch Date: 2016
e-NAM (National Agriculture Market)
Purpose: A pan-India electronic trading portal for agricultural commodities to enhance market access and
price discovery.
Launch Date: April 14, 2016
PLI Scheme for Food Processing
Purpose: Promote investments in the food processing sector with financial incentives; Rs. 8,910 crore
invested and Rs. 1,084.01 crore disbursed by October 2024.
Launch Date: Not explicitly mentioned, but active in 2024
Summary of Agricultural Schemes - 2024-2025
Per Drop More Crop (PDMC) under PMKSY
Purpose: Encourages micro-irrigation for water-use efficiency, with financial aid of 55% for small/marginal
farmers and 45% for others.
Launch Date: Ongoing since FY16 under PMKSY