GS3 › Agricultural Marketing, Pricing and Support

Revision note: Farm Subsidies, Credit, Insurance and Income Support

  • Subsidies: fertiliser, power, irrigation, credit, insurance; income support is green box
  • PM-KISAN Feb 2019: ₹6,000/yr in 3 instalments, landholding families; state schemes Rythu Bandhu 2018, KALIA 2018 (includes landless)
  • Credit: target ₹27.5 lakh crore (2024–25); PSL agriculture 18%; KCC 1998 (R.V. Gupta); 7% → effective 4%; subvention limit ₹5 lakh (2025); collateral-free ₹2 lakh (2025); NABARD 1982 (Sivaraman)
  • NSS 77th: ~50% households indebted; average income ₹10,218/month (2019)
  • PMFBY 2016: premiums 2%/1.5%/5%; voluntary from 2020; YES-TECH; RWBCIS
Revision card summarising Farm Subsidies, Credit, Insurance and Income Support
One-page visual summary of the key points to revise.

Source: https://upscprep.in/upsc/gs3/agricultural-marketing-pricing-and-support/farm-subsidies-credit-insurance-and-income-support/ · UPSCPrep.in

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