Maharashtra government has announced Namo Shetkari Maha Samman Nidhi Yojana 2023 in recently presented budget. The new namo shetkari mahasanman nidhi yojana aims to provide Rs. 12000 per annum to farmers. Out of this, Rs. 6000 would be given under PM Kisan Samman Nidhi Yojna and other Rs. 6,000 would be given under namo shetkari mahasamman nidhi yojana. Read this article till the end to know complete details about mukhyamantri kisan samman nidhi scheme.

FM said "For increasing the income of the Annadata Baliraja, I announce the Namo Shetkari Mahasanman Nidhi to supplement the Pradhan Mantri Krishi Samman Nidhi Yojana, conceived by the Hon'ble Prime Minister, with grants from the State. The State government will provide an additional amount of Rs. 6000 along with Rs. 6000 per farmer per year from the central government. In this way, an amount of Rs. 12,000 will be deposited in the farmer's account every year. This will benefit 1.15 crores farmer families. For this, an outlay of Rs. 6900 crores is proposed in 2023-24". 

Namo Shetkari Maha Samman Nidhi Yojana in Maharashtra Budget 2023-24

Finance minister has presented Maharashtra Budget 2023-24 on 9 March 2023. In probably the biggest package for farmers in the recent past, deputy CM Devendra Fadnavis, who also holds the finance portfolio, allocated around Rs. 30,000 crore towards sustainable farming and prosperous schemes such as Rs. 12,000 honorarium per annum to all the farmers under the Namo Shetkari Mahasamman Nidhi. In his budget speech in the assembly, Fadnavis said that the state government will also dole out a certain amount towards crop insurance to the farmers besides huge debt incentives to paddy growers and farmers who have opted for short-loans.
Under the honorarium scheme, the state government will provide an additional amount of Rs. 6000 along with Rs. 6,000 per farmer per year from the central government. "In this way, an amount of Rs. 12,000 will be deposited in the farmer's account every year. This will benefit 1.15 crore farmer families. For this, an outlay of Rs. 6,900 crores is proposed in 2023-24," Fadnavis said in his budget speech in the state assembly. 

While delivering the Maharashtra Budget Speech 2023-24, Finance Minister also said "There is a provision to pay 2% of the insurance premium by the farmer in the Pradhan Mantri Crop Insurance Scheme of 2016 by the central government. The insurance premium for their share will be paid by the state government itself and now even this burden will not be placed on farmers. Farmers can register on the Pradhan Mantri Crop Insurance Yojana portal by paying a nominal fee of Re 1. An annual outlay of Rs. 3,312 crore will be made by the state government for this scheme".

Mahakrishivikas Yojana in Maharashtra Budget 2023-24

While presenting Maharashtra Budget 2023-24, FM said "Inclusiveness is absolutely essential for sustainable development of agriculture. Hence, I announce the "Mahakrishivikas Yojana". Considering crop and fruit crop as the basic component, all aspects from production to value addition process will be financed by preparing an integrated crop-based project plan for taluka, district wise groups of farmers. This will substantially increase the income of farmers. An outlay of Rs. 3000 crores will be made available for this scheme for the next five years".

Chhatrapati Shivaji Maharaj Shetkari Samman Yojana in Maha Budget 2023-24

FM mentioned "Our government had started the Chhatrapati Shivaji Maharaj Shetkari Samman Yojana in the year 2017. Many farmers were not given the benefits of this scheme in the intermittent period. The remaining eligible farmers of Chhatrapati Shivaji Maharaj Shetkari Samman Yojana will be given their benefits".

Magel Tyala Shettale Scheme in Maharashtra Budget Speech 2023-24

The "Magel Tyala Shettale" scheme, started in June 2015, is proposed to be expanded to provide components like orchards, drip irrigation, paddy fields, paddy linings, shed nets, greenhouses, modern sowing machines and cotton shredders to those who demand it. An outlay of Rs. 1000 crores is proposed for these various schemes in the year 2023-24.

Gopinath Munde Shetkari Accident Insurance Scheme in Maha Budget

Gopinath Munde Shetkari Accident Insurance Scheme is implemented to provide insurance cover to the families of accident-affected farmers, through insurance companies. However, farmers have to follow up with insurance companies to get the insurance claim amount. To alleviate the hardship of the farmers, the State Government will now implement the "Gopinath Munde Shetkari Suraksha Sanugrah Grant Yojana". Under the revised scheme, the family of the accident-affected farmers will be given a grant of up to Rs. 2 lakhs.

Dr Panjabrao Deshmukh Organic Farming Mission

An area of 25 lakhs hectares in the state will be brought under organic farming in the next three years, to promote natural farming. The scope of Dr. Panjabrao Deshmukh Organic Farming Mission will be expanded by establishing one thousand bio-input source centres. An outlay of Rs. 1000 crores will be made available for this in three years.

Brief on Namo Shetkari Maha Samman Nidhi Yojana

Name of SchemeNamo Shetkari Maha Samman Nidhi Yojana
in Marathiनमो शेतकरी महा सन्मान निधी योजना
State NameMaharashtra
ObjectivesTo provide Rs. 12000 to farmer through DBT mode (as cash benefit)
Budgetary AllocationRs. 6900 crore
Date of Announcement9 March 2023, while presenting Maharashtra Budget 2023-24
Number of Beneficiaries1.15 crore farmer families