Farmers’ loan waiver from Haryana Punjab to subsidy!
Haryana has left Punjab in agriculture due to agricultural practices, diversity, debt relief and improvement in steady policy. It is noteworthy that the two states are the main agricultural status of North India and, according to experts, is very calm in both states. Haryana, a small state than Punjab, is constantly moving forward with agricultural reforms. At the same time, the state, which runs the country in the Green Revolution, has to face economic stress and sustainable policies.
Most people in agriculture
According to the Sunday Guardian report, Haryana is working better than Punjab, reducing the loan of farmers and promoting crop variation to strong machines and direct money laundering (DBT). According to the newspaper, 45 percent of the population in Haryana is engaged in agriculture. This population grows 36.46 lakh hectares of land. At the same time, Punjab’s 35.5 percent population is engaged in agriculture and related activities in a large area of 42 lakh hectares.
What is the condition of farm loans
The comparative study of the last few years of data shows significant changes in agriculture in two states. Despite the small land than Punjab, Haryana became a leader. The average terrain for the farmer in Punjab is 3.62 hectares, while in Haryana it is 2.22 hectares and two national average of 1.08 hectares. According to the National Sample Survey, 65.4 percent of Punjab’s 18.44 lakh farmer families were in debt in 2005. Of the 19.44 lakh families in Haryana, 53.1 percent were in debt, with more than 48.6 percent of the national average.
According to the latest data shared by the Union Finance Minister in Parliament, by the end of the year 2024, Haryana reduced its borrower’s percentage of agricultural families to 48 per cent, while Punjab was 54.4 per cent. The average loan for the agricultural family in Punjab has increased to Rs 2.03 lakh, which has over Rs 1.82 lakh in Haryana. Two national average more than Rs 74,121.
More in dealing with grass
According to agricultural experts, the main difference is in the process of policy. An expert said, “Haryana has taken multiple -level schemes aggressively to support her farmers.” With the ‘Mera Pani Meritage’ initiative, farmers who go away from rice cultivation get Rs 7,000 per acre to receive less water crops. In addition, Rs 150 crore was spent under the Atal Ground Water Scheme to improve groundwater management in 36 blocks. Haryana also solved the problem of burning.
The farmer in the state offers a subsidy of Rs 1,000 per acre, Rs.50 per quintal, Rs.50 for crop and 80 per cent of the crop resident (CRM) machines. Since the year 2018, Haryana has spent over 3,333 crore for CRM. About 3 lakh machines have been distributed under several mechanization schemes. In addition, 1.11 lakh farmers have received Rs 23.80 crore under the Surcharge Mafi Scheme -2019.
Haryana farmers take advantage of detailed access to crop insurance under the Prime Minister’s Crop Insurance Scheme. At the same time, Punjab is very dependent on the central government’s MSP collection, which is responsible for more than 97.9 percent of Kharif and more than 97.9 percent of the rabi crop sectors.
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