Arunachal Pradesh launches Two Agri schemes

Arunachal Pradesh government has launched two ambitious schemes, one in agriculture sector called ‘AtmaNirbhar Krishi Yojna’ and the other for horticulture named ‘AtmaNirbhar Bagwani Yojna’. The schemes are part of the AtmaNirbhar program announced during the Budget session held in February this year.

A total amount of 120 crores rupees – 60 crore rupees for each scheme – has been allocated to the two concerned departments of Agriculture and Horticulture.

After launching the schemes in Itanagar, Chief Minister Pema Khandu said that the schemes will immensely benefit farmers and Self Help Groups (SHGs) across the state, and appealed all to get in touch with their respective district administrations to get the details and avail the schemes.

Atmanirbhar Krishi Yojana

This scheme is the subsumed version of erstwhile Chief Minister’s Sashakt Kisan Yojana and Chief Minister’s Samuh Yojana. This subsumed scheme gives more thrust and comprises more provision of bank loan. Similarly, the Atmanirbhar Bagwani Yojana is the updated version of Chief Minister’s Sashakt Kisan Yojana.

Significance of the schemes

Both of the schemes are unique because both based on front-ended subsidies. Under the scheme, credit link will be provided to the beneficiaries by the State Bank of India, Arunachal Pradesh Rural Bank (APRB) and Arunachal Pradesh Cooperative Apex Bank. Under the scheme, 45 percent will be provided as government subsidy, 45 percent as bank loan while only 10 percent will have to be borne by the farmer.