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The government plans to directly transfer ₹35,000 yearly to farmers’ accounts by including all subsidies, boosting income, and transparency.
By Robin Kumar Attri
₹35,000 yearly aid may go directly to farmers’ accounts.
Subsidies for seeds, fertilizers, and electricity to be included.
ICAR is preparing a detailed policy paper on direct transfers.
The plan aims to boost transparency and reduce corruption.
Farmers encouraged to become agripreneurs for higher income.
In a major move to boost farmers income and make agricultural support more transparent, the government is preparing to directly transfer fertilizer and other subsidies into farmers bank accounts. Vice President Jagdeep Dhankhar recently proposed this big step while addressing the Krishi Udyog Sammelanin Narsinghpur, Madhya Pradesh.
Also Read: Big Relief for Farmers: MSP of 14 Kharif Crops Increased, Cheaper KCC Loans Announced
Vice President Dhankhar suggested that farmers can receive up to ₹35,000 every year if the government starts depositing all subsidies, like those for fertilizers, seeds, and electricity, directly into their bank accounts. Currently, such subsidies are given indirectly, often through schemes or in-kind support, which can lead to delays and corruption.
He said that direct benefit transfer (DBT) will not only make the system more transparent but also help farmers use the money as per their specific needs. For example, under the PM-Kisan Samman Nidhi Yojana, farmers already receive ₹6,000 annually in three equal installments. If other subsidies are added to this model, farmers could get a much larger amount every year.
While speaking at the event, the Vice President emphasized the need to adopt a direct subsidy model. He gave the example of the United States, where farmer families earn more than regular households due to direct government financial aid.
He stressed that India too should adopt this model, where:
Fertilizer subsidy
Electricity support
Seed subsidy
Other farming-related aids
...are all sent directly into the farmers bank accounts.
The Indian Council of Agricultural Research (ICAR) has been tasked with preparing a detailed policy paper for implementing this direct benefit system. Once completed, it will help the government understand how to smoothly shift from indirect to direct transfers.
This step is being seen as a revolutionary change that could help farmers:
Plan better investments
Buy inputs as per their needs
Save time and avoid middlemen
Vice President Dhankhar also said that agriculture should no longer be seen as just farming. It is a huge industry that includes:
Food processing
Dairy farming
Organic farming
Horticulture
Agro-based industries
He urged the need for more investment and innovation in agriculture. Highlighting that nearly half of India’s population is dependent on farming, he said this sector must be developed with a broader industrial mindset.
The Vice President emphasized the importance of Agri-Entrepreneurship. He said that Indian farmers should not just grow crops, but also:
Market their produce
Add value through processing
Work on branding and packaging
Explore export opportunities
He encouraged farmers to become agripreneurs, or agricultural entrepreneurs, who actively participate in the entire agricultural value chain.
There are 730 Krishi Vigyan Kendras (KVKs) across the country. These centers, along with various ICAR institutions, are helping farmers through:
Awareness programs
Training sessions
Technical support for innovation and entrepreneurship
Such steps are expected to help farmers increase their income and bring major changes to the rural economy.
Dhankhar also appealed to MPs, MLAs, and social organizations to support rural development by:
Adopting villages
Promoting innovation in agriculture
Encouraging self-reliance among farmers
He stated that India can only become self-reliant when its farmers are empowered and self-sufficient.
If this direct subsidy model is implemented:
Farmers may receive ₹35,000 or more every year in their accounts
It will reduce corruption and delays
The support will be customizable as per farmers needs
It will boost the confidence and income of Indian farmers
This initiative, if launched, could transform Indian agriculture by making it more modern, transparent, and financially rewarding. Farmers will benefit directly, and the agricultural economy will see positive growth. The government's vision to double farmers' income and make agriculture a thriving industry seems to be one step closer to reality.
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