A new scheme named “Suvarna Krishi Grama Yojana” or “Golden Agriculture Village Scheme” has been released by way of the kingdom Government of Karnataka with a goal to boom farmers’ earnings by 20% in 365 days. The scheme has been launched together with International Crops Research Institute for the Semi-Arid Tropics (ICRISAT).

Under the “Suvarna Krishi Grama Yojana”, the country authorities will cover a total of one thousand villages across the kingdom. These villages might be developed as model villages and the income of the farmers could be elevated by 20% in 365 days thru augmented productiveness, diversification, and market linkages. In the first phase of the scheme, one hundred and five villages may be developed as version villages under the scheme.

The fundamental objective of the scheme is to convert rural areas by growing an impact-oriented participatory version of the use of the kingdom of the artwork technology. More included and sustainable rural development can be carried out using scaling up the version inside the state.

Under the scheme, the national authorities will convey science-led development to farmers’ doorstep with a technical guide from the most desirable establishments such as ICRISAT and state universities.ICRISAT is actively operating with the national authorities to decorate the productivity, manufacturing, and profitability of farmers via several tasks.

Suvarna Krishi Grama Yojana turned into announced the financial budget for the year 2016-17. The government then planned to disburse Rs. Eleven,000 crore agricultural loans to 23 lakh farmers in 2016-17. The government also planned to provide quick period loans to farmers of as much as Rs. 3 Lakh at zero percent interest. Long-term loans of as much as Rs. 10 Lakh are also to be made to be had to farmers at an interest price of simply 3%.

Read extra details about the Suvarna Krishi Grama Yojana at http://www.Icrisat.Org/golden-agriculture-village-scheme-for-karnataka-farmers/