Major Agricultural and Industrial Schemes in India

Agricultural Development Schemes

1. PM-KISAN (Pradhan Mantri Kisan Samman Nidhi)

Objective: To provide direct income support to farmers.

Features

  • ₹6,000 per year transferred directly to farmers
  • Amount given in three installments
  • Financial support for small and marginal farmers

Importance

  • Supports farmers’ income
  • Helps in purchasing seeds and fertilizers
  • Reduces dependence on moneylenders

2. PMFBY (Pradhan Mantri Fasal Bima Yojana)

Objective: To provide crop insurance protection against natural calamities.

Features

  • Low premium rates
  • Compensation for crop damage
  • Covers drought, flood, pest attack, and hailstorm

Importance

  • Reduces agricultural risk
  • Provides financial security
  • Encourages investment in farming

Problems

  • Delay in compensation
  • Limited awareness
  • Administrative issues

3. MSP (Minimum Support Price)

Objective: To provide an assured price to farmers.

Features

  • Government fixes minimum price before sowing season
  • Procurement mainly through FCI
  • Important for wheat and rice farmers

Importance

  • Protects farmers from price falls
  • Encourages production
  • Increases income security

Limitations

  • Benefits limited to few crops and states
  • Procurement issues
  • Regional imbalance

4. PDS (Public Distribution System)

Objective: To provide food grains at subsidized rates.

Features

  • Wheat, rice, and sugar supplied through ration shops
  • Targets poor families
  • Operated by central and state governments

Importance

  • Reduces hunger and poverty
  • Improves food security
  • Helps weaker sections

Problems

  • Corruption
  • Leakages
  • Fake ration cards

5. NFSA 2013 (National Food Security Act)

Objective: To make food security a legal right.

Features

  • Covers about two-thirds of the population
  • 5 kg food grains per person per month
  • Subsidized food grains

Importance

  • Strengthens food security
  • Protects poor families
  • Reduces hunger

6. FCI (Food Corporation of India)

Objective: To procure, store, and distribute food grains.

Functions

  • Procurement at MSP
  • Food grain storage
  • Distribution through PDS

Importance

  • Maintains buffer stock
  • Supports food security
  • Stabilizes prices

7. Mid-Day Meal Scheme

Objective: To improve nutrition and school attendance.

Features

  • Free cooked meals in government schools
  • Targets school children

Importance

  • Reduces malnutrition
  • Increases enrollment
  • Reduces dropouts

8. ICDS (Integrated Child Development Services)

Objective: To improve health and nutrition of women and children.

Services

  • Supplementary nutrition
  • Immunization
  • Health check-ups
  • Pre-school education

Importance

  • Reduces child malnutrition
  • Improves maternal health

9. POSHAN Abhiyan

Objective: To reduce malnutrition and anemia.

Features

  • Nutrition awareness
  • Technology-based monitoring
  • Focus on women and children

Importance

  • Improves nutritional security
  • Reduces stunting and wasting

10. PMKSY (Pradhan Mantri Krishi Sinchai Yojana)

Objective: To improve irrigation facilities and water use efficiency.

Features

  • ‘Har Khet Ko Pani’
  • Promotion of drip and sprinkler irrigation

Importance

  • Water conservation
  • Higher productivity
  • Better irrigation access

11. Soil Health Card Scheme

Objective: To promote balanced fertilizer use.

Features

  • Soil testing for farmers
  • Information on soil nutrients

Importance

  • Improves soil fertility
  • Reduces excessive fertilizer use
  • Promotes sustainable agriculture

12. PKVY (Paramparagat Krishi Vikas Yojana)

Objective: To promote organic farming.

Features

  • Financial support for organic farming
  • Cluster-based organic cultivation

Importance

  • Eco-friendly farming
  • Improves soil quality
  • Reduces chemical use

1

13. e-NAM (National Agriculture Market)

Objective: To create a unified digital agricultural market.

Features

  • Online trading platform
  • Better price discovery
  • Transparent marketing

Importance

  • Reduces middlemen
  • Better market access
  • Improves farmers’ income

14. PM Matru Vandana Yojana

Objective: To provide nutritional support to pregnant women.

Features

  • Financial assistance during pregnancy

Importance

  • Improves maternal health
  • Supports nutrition

Industrial Development Schemes

1. Make in India

Objective: To promote manufacturing and industrial growth.

Features

  • Encouragement to domestic manufacturing
  • FDI promotion
  • Ease of doing business

Importance

  • Employment generation
  • Industrial development
  • Export promotion

2. Startup India

Objective: To promote entrepreneurship and innovation.

Features

  • Tax benefits for startups
  • Financial support
  • Simplified regulations

Importance

  • Innovation growth
  • Employment creation
  • Development of digital economy

3. Stand Up India

Objective: To support entrepreneurship among SC/ST and women.

Features

  • Bank loans for new businesses

Importance

  • Inclusive industrial development
  • Self-employment promotion

4. Digital India

Objective: To promote digital infrastructure and digital economy.

Features

  • Expansion of internet and digital services
  • Digital governance

Importance

  • Supports digital industries
  • Improves communication infrastructure

5. Atmanirbhar Bharat

Objective: To promote self-reliance in production and manufacturing.

Features

  • Support for domestic industries
  • MSME reforms
  • Production-linked incentives

Importance

  • Reduces import dependence
  • Encourages domestic production
  • Strengthens economy

6. Skill India Mission

Objective: To develop skilled manpower.

Features

  • Vocational training
  • Skill development programs

Importance

  • Improves employability
  • Supports industrial productivity

7. Production Linked Incentive (PLI) Scheme

Objective: To boost manufacturing in key sectors.

Features

  • Incentives based on production growth
  • Support to electronics, automobiles, and pharma industries

Importance

  • Encourages investment
  • Improves exports
  • Increases manufacturing capacity

Industrial Development and Economic History

1. Industrial Development after Independence

Objectives

  • Self-reliance
  • Employment generation
  • Economic growth
  • Heavy industry development

2. Industrial Policy Resolution 1948

  • Mixed economy model
  • Role of public and private sectors

3. Industrial Policy Resolution 1956

Features

  • Expansion of public sector
  • Heavy industry development
  • Socialist pattern

4. Public Sector in India

Objectives

  • Development of basic industries
  • Employment generation
  • Regional balance
  • Infrastructure development

Problems

  • Inefficiency
  • Corruption
  • Losses
  • Political interference

5. Industrial Growth Phases

1950–1965

  • Rapid industrialization
  • Heavy industry growth

1965–1980

  • Industrial slowdown
  • War and drought effects

1980–1990

  • Industrial recovery
  • Technological progress

After 1991

  • Liberalization
  • Privatization
  • Globalization

6. Economic Reforms 1991

Main Elements

  • LPG reforms
  • Reduction in licensing
  • FDI promotion
  • Privatization

Impact

  • Competition increased
  • Technology improved
  • Export growth
  • Private sector expansion

7. MSMEs

Importance

  • Employment generation
  • Rural industrialization
  • Export contribution
  • Entrepreneurship development

Problems

  • Lack of finance
  • Technology gap
  • Market competition
  • Infrastructure problems

8. Competition in Industry

Advantages

  • Better quality
  • Lower prices
  • Innovation
  • Higher productivity

Challenges

  • Pressure on small industries
  • Foreign competition

9. Employment and Labour Issues

  • Jobless growth
  • Unorganized labour
  • Contract labour
  • Skill shortage
  • Labour insecurity

10. Infrastructure and Industry

Importance

  • Electricity
  • Roads
  • Ports
  • Communication
  • Logistics

Problems

  • Power shortage
  • High transport cost
  • Weak rural infrastructure

11. Research and Development (R&D)

Importance

  • Innovation
  • Better technology
  • Global competitiveness
  • Product quality improvement

Problems

  • Low investment
  • Limited private participation
  • Lack of scientific resources

12. Make in India

Objectives

  • Manufacturing growth
  • Employment generation
  • FDI attraction
  • Export promotion

13. Startup India

Objectives

  • Entrepreneurship
  • Innovation
  • Digital economy
  • Employment creation