The government can make farmers happy with these four big announcements in the budget, PM's focus will remain on Kisan Credit

Budget 2024: In Budget 2024, the central government can make many big announcements for farmers. It is believed that the government can increase the subsidy on agricultural equipment and can also increase the amount given in Kisan Samman Nidhi by increasing the limit of Kisan Credit Card. It is expected that the Modi government, which has come to power for the third time, can make big announcements for the farmers this time.

This big announcement can be made in the budget

PM Kisan Samman Nidhi: Farmers' organizations have been demanding to increase the amount of PM Kisan Samman Nidhi for a long time. Currently, farmers get Rs. 6 thousand, but due to inflation and rising costs, there is a need to increase this amount. The government has increased it to Rs. 20. 8000 per year.

Kisan credit card: At present, under the Kisan Credit Card, agricultural loan of Rs. 3 lakh is available at 7 percent interest, which includes 3 percent subsidy. That is, farmers get this loan at an interest rate of 4 percent. Due to inflation and increase in production cost, the government has increased this limit to Rs 200. 4-5 lakhs can be done.

Solar Pump: The central government provides subsidized solar pumps for irrigation to farmers across the country. The farmers' union wants to reduce the production cost by using the electricity obtained from the solar pump. A special provision can be made in this regard in the budget.

Tax cuts on agricultural equipment: Farmers' organizations are opposing GST on agricultural equipment. Their demand is that the government should remove GST on agricultural equipment or give the benefit of input tax credit. In the budget, the government can decide to reduce GST rates or give more subsidy on agricultural inputs. The NDA government is advocating a decision in the interest of farmers.