Indian Government Policies Regarding Wheat Crop 7 Key Schemes for Farmers
The government has instituted several policies to bolster and regulate the wheat cultivation sector. These policies aim to guarantee food security, stabilize consumer prices, and offer aid to farmers. Among the significant policies are those that contribute to the holistic growth and steadiness of the wheat cultivation sector, ensuring food security, and sustaining the livelihoods of millions of farmers nationwide.
It is essential for farmers to be aware of these policies. KhetiVyapar.com is poised to provide a concise overview of them.
- Minimum Support Price (MSP): The Indian government ensures fair prices for wheat produced by farmers through the Minimum Support Price. This measure stabilizes prices and incentivizes increased wheat production.
- Public Distribution System (PDS): PDS, a government initiative, ensures the availability of affordable food, including wheat, to low-income families nationwide. It plays a crucial role in price control and catering to the needs of the underprivileged population.
- National Food Security Act (NFSA): Enacted in 2013, the NFSA aims to provide subsidized food grains, including wheat, to nearly two-thirds of the Indian population. Wheat, being a staple food, contributes to maintaining price stability.
- Price Stabilization Fund (PSF): The PSF, established by the government, works to stabilize prices of essential commodities like wheat. It aids in price stability and ensures sufficient supply during market fluctuations.
- National Agricultural Cooperative Marketing Federation of India (NAFED) and National Bulk Handling Corporation (NBHC): These organizations are engaged in the procurement, storage, and distribution of wheat. They play a crucial role in maintaining an efficient supply chain and ensuring that farmers receive fair prices for their produce.
- Crop Insurance Schemes: The government has introduced various crop insurance schemes to provide financial security to farmers against losses caused by natural disasters or other unexpected circumstances. This initiative helps in mitigating the financial risks associated with wheat cultivation.
- Technological and Research Support: The government provides support for research and development in the agricultural sector, including the improvement of wheat crops. This assistance facilitates increased productivity and the development of resilient crop varieties.
