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The Prime Minister, Shri Narendra Modi today called upon all stakeholders, including farmers, States and the Union Government to resolve to double farmers' income by 2022.

Sharing his vision for Indian agriculture, with farmers at the Krishi Unnati Mela in New Delhi today, the Prime Minister said that while this task may be challenging, there can be no doubt that this is an objective worth aiming for.

The Prime Minister described the Krishi Unnati Mela as a platform that could rewrite India's destiny. He said India's future had to be built on the growth of agriculture, and the prosperity of its farmers and its villages. In this context, he mentioned the recent Union Budget, and said it would have a far-reaching impact on these sectors.

Shri Narendra Modi emphasized that the next revolution in Indian agriculture had to be built on technology and modernization; and the eastern part of India had maximum potential to achieve it. The Government is working towards this goal, he added.

 

The Prime Minister explained how the reduction of input costs was the first element towards raising farm incomes. He said that the Soil Health Card scheme, and the Pradhan Mantri Krishi Sinchai Yojana are important steps towards reducing input costs.

The Prime Minister called for raising farm incomes through diversification in farming activities. He said that along with crop growing, farmers could opt for timber plantation along the edges of their fields; and also begin animal husbandry. He said diversification in farming activity will reduce the risk associated with agriculture.

The Prime Minister explained the benefits of the Pradhan Mantri Fasal Bima Yojana, and said it had been evolved after wide-ranging consultations. He said that the scheme is characterized by minimum premium, and maximum security.

Earlier, the Prime Minister visited the exhibition pavilions, and was given an overview of best practices and techniques followed by various institutions and agriculture entrepreneurs; latest agriculture equipment, and milch cattle.

The Prime Minister gave away the Krishi Karman Awards for 2014-15 to States and farmers. He also launched a mobile application for farmers – "Kisan Suvidha." This will provide information to farmers on subjects such as weather, market prices, seeds, fertilizers, pesticides and agriculture machinery.

 

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PM to disburse incentives worth around ₹2,400 crore under PM-VBRY on 19 June
June 17, 2026
First-Time Employees to Receive Incentive of up to ₹15,000
To encourage sustained job creation, Employers eligible for Incentive of up to ₹3,000 per Month per Additional Employee
PM-VBRY is designed to facilitate Job Creation, Formalisation of Employment and Expansion of Social Security Coverage
Scheme has already Facilitated Employment for 15 Lakh Beneficiaries Across the Country

Prime Minister Shri Narendra Modi will disburse incentives worth around ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme to be held on 19 June 2026 at 5 PM at Vigyan Bhawan, New Delhi.

The disbursal marks a significant milestone in the implementation of PM-VBRY, the Government of India’s flagship employment-linked incentive scheme aimed at accelerating job creation, promoting formalisation of employment, enhancing employability, and expanding social security coverage across sectors. The scheme has already supported the creation of 15 lakh employment opportunities across the country.

PM-VBRY is designed to encourage both workers and employers to participate in the formal economy. Under the scheme, first-time employees are eligible for an incentive of up to ₹15,000, providing crucial support as they enter the workforce. Employers generating additional employment are eligible for incentives of up to ₹3,000 per month per additional employee, thereby encouraging sustained job creation. Recognising the strategic importance of manufacturing in driving economic growth, employers in the manufacturing sector are eligible to receive incentives for a period of four years, while employers in all other sectors can avail incentives for two years.

The scheme reflects the Government’s commitment to fostering an enabling ecosystem for employment-led growth and ensuring that the benefits of India’s economic progress translate into quality formal employment opportunities for its youth.

PM-VBRY came into effect on 1 August 2025. With a total outlay of ₹99,446 crore, the scheme aims to incentivise the creation of more than 3.5 crore jobs over a two-year period. Of these, approximately 1.92 crore beneficiaries are expected to be first-time entrants into the workforce. By supporting both employees and employers, the scheme is playing a transformative role in expanding formal employment, strengthening social security coverage, and advancing the vision of a Viksit Bharat.