Karnataka Budget 2023 Government Big Announcements For The Farmers In The Budget 2023-24

Karnataka Budget 2023 Government Big Announcements For The Farmers In The Budget 2023-24


Karnataka Budget 2023 Live: The central and state governments keep taking steps for the benefit of the farmers. With the help of various schemes, the central government helps the farmers. The state government also stands with the farmers all the time in the form of subsidy, loss of crops and in other ways. In the Kharif season, floods, rains and drought had harmed many farmers. Farmers’ crops worth lakhs of rupees were damaged. We were not overcome by this that frost and hailstorm in winter caused a lot of damage to the crops. Steps have been taken by the Government of Karnataka to improve the economic condition of the farmers.

Short term loan will be available up to 5 lakhs

Karnataka Chief Minister Basavaraj Bommai presented the state budget on Friday. The agriculture sector has also been covered in the budget. According to media reports, till now farmers used to get interest free short term loans up to Rs 3 lakh. As per the announcement of the budget, farmers will start getting Rs 5 lakh.

Loan will be given to 30 lakh farmers

While presenting the budget, it was said that all possible steps are being taken to improve the economic condition of the farmers in the state. More than 30 lakh farmers of the state will be given a loan of Rs 25 thousand crore. New scheme Bhu Shree has been launched for Kisan Credit Card Scheme. Under this, an additional subsidy of 10 thousand crore rupees will be given to the farmers.

Landless women will get Rs 500 every month

In the budget, arrangements have been made for the livelihood of those women who do not have land. There is no means of livelihood. Shram Shakti Yojana has been started for them. Under the scheme, 500 rupees will be sent to the account of women agricultural laborers through DBT every month. The system of purchasing seeds, fertilizers, pesticides and other agricultural materials from farmers is being simplified further. This will give more benefits to the farmers.

Read this also:- PM Kisan Samman Nidhi: Confirmed! The 13th installment will reach the account on this date, the farmer brothers should settle this important work immediately.



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