PM Modi Assures Farmers of Rs 6.5 Lakh Crore Investment

2 Aug 2023

Prime Minister Narendra Modi has announced an investment of Rs 6.5 lakh crore for farmers during an event marking the International Day of Cooperatives.

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The investment will be made in various areas, including irrigation, crop insurance, and agricultural research.

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The government will also focus on providing market linkages for farmers and ensuring fair prices for their produce.

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Farmers' organizations have welcomed the announcement, stating that it will help boost agriculture and improve farmers' lives.

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plan to double farmers' income by 2022, which includes measures like subsidized fertilizers, improved seeds, and enhanced agricultural marketing infrastructure.

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The government has already taken steps in implementing the plan, such as expanding crop insurance coverage and launching schemes to enhance agricultural productivity.

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However, achieving the goal of doubling farmers' incomes will require sustained investments in agriculture and rural development.

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The government remains committed to the welfare of farmers and will continue working towards their well-being.

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