Namo Shetkari Mahasanman Yojana

May 31, 2023

The Maharashtra government has recently launched a new financial scheme aimed at providing support to farmers in the state. The scheme, known as Namo Shetkari Mahasanman Yojana, was approved at a Cabinet meeting chaired by Chief Minister Eknath Shinde.

Financial Assistance for Farmers

Under the Namo Shetkari Mahasanman Yojana, farmers in Maharashtra will receive an annual payment of Rs 6,000. This financial aid is in addition to the amount of Rs 6,000 that farmers already receive in instalments per year from the Centre’s Pradhan Mantri Kisan Samman Nidhi Yojana. The scheme aims to provide an extra boost to the income of farmers and enhance their financial stability.

Beneficiaries and Approval

More than one crore farmers in Maharashtra are expected to benefit from the state government’s Namo Shetkari Mahasanman Yojana. This initiative is part of the government’s efforts to support the agricultural community and improve their overall well-being.

Initiative Announced in the Budget

Deputy Chief Minister Devendra Fadnavis, who also serves as the state’s finance minister, had initially announced the Namo Shetkari Mahasanman Yojana in the budget for the financial year 2023-24. The scheme’s inclusion in the budget reflects the government’s commitment to addressing the challenges faced by farmers and strengthening the agricultural sector in Maharashtra.

Supporting Farmers’ Livelihoods

With the launch of the Namo Shetkari Mahasanman Yojana, the Maharashtra government aims to alleviate financial burdens faced by farmers and promote their economic well-being. By providing direct financial assistance, the scheme intends to empower farmers and enable them to overcome challenges and invest in their agricultural activities.

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